Shea & Company Advises Versaterm on its Strategic Minority Investment from Permira
Versaterm Profile
- Versaterm is a leading end-to-end, cloud-based public safety platform, delivering mission-ready Computer-Aided Dispatch (CAD) and Records Management Systems (RMS), empowering police, fire, EMS and other first responder agencies to improve community safety outcomes
- Within its solutions ecosystem, Versaterm offers tools to support emergency call handling, public safety dispatch, field response and reporting, records and evidence management, forensics, professional standards, prosecution and resolution, school safety, first responder wellness and community engagement
- The Company currently serves over 2,000 agencies across Canada and the United States
- Versaterm was founded in 1977 and is headquartered in Ottawa, Canada
Permira Profile
- Permira is a global investment firm that makes long-term majority and minority investments across two core asset classes, private equity and credit
- With total committed capital of €77Bn, Permira has made approximately 300 private equity investments across four key sectors: technology, consumer, healthcare and services
- Permira was founded in 1985 and is headquartered in London, United Kingdom
Banneker Partners Profile
- Banneker Partners seeks to invest in high-growth, lower-middle market enterprise software businesses, partnering with Founders for the next stages of growth
- With over 200 years of collective experience, Banneker has completed 90+ total transactions, including 20+ platform investments and ~70 add-on acquisitions
- Banneker Partners was founded in 2010 and is headquartered in San Francisco, CA
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This is an exciting new chapter for Versaterm. With the support of Banneker and Permira, we will continue to invest in innovative solutions that solve problems for the agencies we serve. We are focused on delivering efficient and effective solutions crafted in a way to deliver better outcomes for the agencies and the citizens they serve - while staying true to our heritage of putting customers first.
Warren Loomis
President & CEO, Versaterm
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Versaterm has a long and proud history of innovation and customer commitment. We are excited to partner with Warren and the Banneker Team to continue investing in product, technology, and customer experience to ensure public safety agencies have the tools they need to protect and serve their communities.
Jason Thorn
Managing Director, Permira
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From day one, our partnership with Versaterm has been about building on the Company’s customer-first culture and delivering the most advanced technology to public safety agencies. Permira’s investment brings additional resources, expertise, and conviction to our shared vision for Versaterm’s future, and we are thrilled to welcome them as a partner in this next phase of growth.
Matt McDonald
Partner, Banneker Partners
Transaction Notes
- Versaterm’s investment by Permira was announced on August 5, 2025; financial terms were not disclosed
- Shea & Company served as the exclusive financial advisor to Versaterm and Banneker Partners