SIDUS Solutions Acquired by Industrial Device Investments

Founded in 2000, SIDUS is a leading provider of security and video surveillance systems for various industries, including energy, nuclear, military, and petrochemical. The company designs, services, and manufactures integrated security solutions for marine, defense, and subsea applications.

On the other hand, Industrial Device Investments (IDI) is a family investment office focused on industrial product companies. IDI supports businesses that leverage emerging technologies to enhance industrial processes and drive growth.

The recent investment by IDI in SIDUS Solutions was tailored to meet the needs of Leonard Pool, the company’s seller who will continue as the president post-acquisition. IDI’s Managing Director, Charles Aiken, led the successful completion of the deal.

John Dalton, Managing Partner of IDI, expressed his satisfaction with the investment, stating, “We are excited to partner with Leonard and the SIDUS team. SIDUS operates in a niche market with a clear growth strategy, aligning perfectly with IDI’s investment focus. This acquisition strengthens our portfolio and positions us for continued success.”

Leonard Pool also shared his enthusiasm about the partnership, saying, “Working with IDI has been a rewarding experience. Their strategic approach and deep understanding of our business were instrumental in finalizing the deal. I look forward to our collaboration and the growth opportunities that lie ahead.”

The acquisition of SIDUS Solutions by Industrial Device Investments marks a significant milestone for both companies. With a shared vision for growth and innovation, the partnership is poised to drive success in the industrial security and surveillance sector.