Edison Partners Exits Investment in RapidDeploy to Motorola Solutions
Deal News | Feb 24, 2025 | Edison Partners LP
Edison Partners has successfully exited its investment in RapidDeploy, selling the company to Motorola Solutions. Although the financial terms were not disclosed, the sale underscores RapidDeploy's significant impact as a cloud-native solution provider in modernizing public safety responses across the United States. The Austin-based firm supports more than 1,600 911 centers and holds 13 statewide contracts, enabling real-time intelligence and decision-making for emergency response agencies. With an initial $20 million investment in 2023, Edison Partners enabled RapidDeploy's expansion, contributing to digitizing critical infrastructure. This aligns with Edison's broader investment strategy of supporting technologies that enhance public safety and infrastructure, showcased by its investments in companies like Seismos and 120Water.
Sectors
- Public Safety
- Private Equity
- Technology
Geography
- United States – RapidDeploy serves over 1,600 911 centers and has contracts across 23 states, making the U.S. a key geography for this transaction.
- Austin, Texas – Headquarters of RapidDeploy, from where it has scaled operations and technology solutions for public safety.
- Princeton, New Jersey – Location of Edison Partners, the private equity firm involved in the transaction.
Industry
- Public Safety – RapidDeploy operates within the public safety industry, providing next-gen 911 solutions and enhancing emergency response capabilities.
- Private Equity – Edison Partners, a private equity firm, invested and exited from RapidDeploy, highlighting its role in funding growth-stage technology companies.
- Technology – RapidDeploy and Motorola Solutions are involved in the technology sector, particularly cloud-native and data-driven emergency response solutions.
Financials
- Not Disclosed – Financial terms of the RapidDeploy acquisition by Motorola Solutions were not publicly shared.
- $20M – Initial growth investment by Edison Partners in RapidDeploy in 2023.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Edison Partners | Private Equity Firm | Company | Growth equity firm that invested in and exited from RapidDeploy. |
| RapidDeploy | Target Company | Company | Cloud-native solutions provider for next-gen 911 services, acquired by Motorola Solutions. |
| Motorola Solutions | Buyer | Company | Leading provider of public safety solutions that acquired RapidDeploy. |
| Chris Sugden | Managing Partner at Edison Partners | Person | Oversees investment strategies and led the investment in RapidDeploy. |