Greater Sum Ventures makes another acquisition in the law enforcement space
The acquisition of Kologik follows recent investments in Utility Associates Inc., SOMA Global, and STRAX Intelligence Group.
Entrepreneurial family office and growth equity firm Greater Sum Ventures (GSV) has announced its acquisition of Kologik, a leading innovator of responsive, scalable, and user-friendly software for law enforcement.
The investment follows on GSV’s recent investments in Utility Associates Inc., SOMA Global, and STRAX Intelligence Group, creating a platform of integrated technology solutions for public safety and government agencies. Terms of the transaction were not disclosed.
As described in a news release, the funding will provide additional capital to increase Kologik’s investment in the innovation of cloud-based solutions that empower public safety agencies to have all the information they need at their fingertips. The company’s solutions include computer-aided dispatch, records management, jail management, and the COPsync mobile real-time information network. Kologik will continue to be led by Chief Executive Officer (CEO) Paul San Soucie who is based in Baton Rouge, LA.
“The Kologik software is purpose built for public safety, making it a welcome addition to our expanding platform of digital solutions,” said Ross Croley, CEO and Founder of Knoxville-headquartered GSV. “The Kologik team shares our mission to empower communities and the people who protect them. Their cutting-edge tech complements our software suite to organize and connect vast amounts of data, helping to support and strengthen public safety agencies.”
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