Tiburon Inc. Appoints Tim Pawlenty To Board of Directors
December 14, 2011
Tiburon, Inc. (“Tiburon”), the industry-leading provider of public safety and security solutions for law enforcement, fire and rescue and corrections agencies for state, local, Federal and international agencies, and a portfolio company of The Gores Group, today announced that former Minnesota Governor Tim Pawlenty has joined the Tiburon Board of Directors.
During his two terms as Governor, Pawlenty oversaw budgets for and worked closely with state agencies, including law enforcement, fire and rescue and corrections. He gained further intimate knowledge in these areas serving as chairman of the National Governor’s Association in 2007-2008 and will add significant insight to the Tiburon Board of Directors.
“We are thrilled to have Governor Pawlenty join the Tiburon Board of Directors. Tim’s sharp commercial mind and deep public service experience lends tremendous credibility to Tiburon,” said Tim Meyer, Chairman of Tiburon’s Board of Directors and Managing Director for The Gores Group. “He understands and appreciates the challenges of municipalities and first responders, such as police and fire departments.”
“I’ve been impressed by Tiburon’s products and services, which are absolutely critical to governmental agencies and first responders. Their contributions cannot be overstated and I am proud to be joining Tiburon’s Board of Directors,” said Pawlenty. “I am energized to be working with The Gores Group to achieve Tiburon’s full potential.”
Pawlenty’s addition to the Tiburon Board of Directors is another step the company has recently taken to strengthen its brand and ensure its long-term success, including the appointment of tech veteran Michael W. Bealmear as President and Chief Executive Officer. This also comes on the heels of The Gores Group buying down the company’s debt which was a remnant of its acquisition as part of the Compudyne group of companies in 2007.
Commenting on Pawlenty, Michael Bealmear, added, “Governor Pawlenty brings tremendous value and leadership to our company and we are very excited to have him on our team. Tiburon has a bright future and we are encouraged by this latest development. Taken together with Gores’ ongoing financial and operational support, expertise and capital commitments, Tiburon is now well positioned to achieve its full potential.”
About TiburonEstablished in 1980, Tiburon is the industry-leading provider of automated public safety and security solutions to meet the demanding and complex needs of law enforcement, fire and rescue and corrections agencies. Tiburon offers fully integrated solutions including computer aided dispatch, records management, mobile data and communications, field reporting and corrections management solutions. From mission-critical conditions to daily operations, across complex multi-agency and multi-jurisdictional environments, Tiburon's integrated solutions have set the industry standard for capability, scalability and reliability for 30 years. For more information, visit www.tiburoninc.com.
About The Gores Group, LLC
The Gores Group, LLC is a private equity firm focused on acquiring controlling interests in mature and growing businesses which can benefit from the firm's operating experience and flexible capital base. The firm combines the operational expertise and detailed due diligence capabilities of a strategic buyer with the seasoned M&A team of a traditional financial buyer. The Gores Group, which was founded in 1987 by Alec E. Gores, has become a leading investor having demonstrated over time a reliable track record of creating substantial value in its portfolio companies alongside management. Headquartered in Los Angeles, The Gores Group maintains offices in Boulder, CO, and London. For more information, please visit www.gores.com
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