DALLAS--(BUSINESS WIRE)--TWV Capital Management announces an investment by Texas Women Ventures in Rolland Holding Company, LLC, the holding company of Rolland Safe & Lock Company, LLC (“RSLC”). The closing took place earlier in June 2012. RSLC, a 107-year-old company, is international in scope and will use the capital for expansion into a new product market.
Founded in 1905 in New Orleans, Louisiana, RSLC is one of the oldest family owned security companies in the world. The company is now headquartered in Dallas, Texas, and employs more than 60 people. RSLC has been an innovator in the physical security industry. Customers ranging from tradeshows, retail stores, pawn brokers and cash lending operations have benefited from RSLC’s innovations in the security products arena.
“TWV's capital investment will help catapult Rolland Safe and Lock Company's expansion and aggressive entry in cash management automation across our current markets in the U.S., Mexico and Latin America,” said Vicky Teherani, CEO of RSLC. “The depth of business talent and intellectual firepower TWV generously offers was the deciding factor in choosing TWV as our capital partner as we begin the next chapter of our history delivering security with inspired service,” said Rick Rolland, President of RSLC.
“TWV is excited about the innovative capital solution we designed for this woman-led company ready to go to the next level of performance,” said Whitney Johns Martin, Co-Chair of TWV. "Our portfolio advisory board members are anxious to roll up their sleeves and offer support, advice and knowledge to this very savvy management team."
About Texas Women Ventures and TWV Capital Management, LLP
Texas Women Ventures, a family of private equity funds managed by TWV Capital Management, L.L.C. (TWV) is a Dallas, Texas-based private equity firm founded in 2005. With approximately $15 million under management, TWV provides growth capital to lower middle market companies. In addition to capital, TWV provides access to more than 70 individual investors in TWV-managed funds who offer a wealth of experience, knowledge, skills and connections that can be utilized by portfolio companies. TWV is actively seeking opportunities to provide growth capital to women-led businesses in Texas and the Southwest. (www.texaswomenventures.com)
Locke Lord, LLP served as legal counsel to TWV Capital Management, LLC.