The value-based private equity arm of The Riverside Company has acquired Alcohol Monitoring Systems, Inc (dba SCRAM Systems), a provider of technology-enabled monitoring solutions and groundbreaking offender management software for state and local judicial systems and corrections departments.
SCRAM Systems will be combined with Riverside’s LMG Holdings, Inc (LMG) platform, with its flagship brand LifeSafer, a leading provider of ignition interlock devices used to help prevent drink-driving.
Founded in 1997, SCRAM Systems provides an extensive portfolio of continuous and intermittent alcohol- and location-monitoring technologies used by state, county and local criminal-justice agencies. The company’s offerings fulfil a dual mission of improving public safety, and reducing recidivism. The industry-leading SCRAM Continuous Alcohol Monitoring® (SCRAM CAM) device provides 24/7 transdermal alcohol monitoring for repeat drunk drivers and high-risk domestic-violence offenders.
Source: Private Equity Wire
