firetraceusa
FiretraceUSA, a fire detection and suppression company.
- Genesis co-founded, structured, invested in, and acted as interim COO and CFO for FiretraceUSA
- Genesis picked up the technology from an under capitalized and performing UK company and then incorporated it into FiretraceUSA with several other DOD technologies acquired at discount
here have been successful installations in the following facilities and platforms:
- FiretraceUSA is an ongoing and profitable business
- On October 5, 2015, FiretraceUSA was acquired by Halma plc. for $110 million
- Based upon an $1 million initial capital investment, the shareholders realized total returns, including distributions, of over $252+ million; 366% IRR