Global Digital Solutions, Inc.
777 South Flagler Dr., Suite 800 West Tower
West Palm Beach, FL 33401
Global Digital Solutions Inc. (GDSI) Acquires Privately Held Rontan Group of Brazil
One of the Largest Specialty Vehicles OEM in the World with Leading Market Positions in a Variety of Segments Including Police Cars, Ambulances, Fire Trucks, Heavy Duty Vehicles, Acoustic and Visual Signaling Equipment, Motorcycle Helmets and Telecommunication Systems (Refer to GDSI's October 19, 2015 8-
At an upcoming special board meeting, GDSI's board of directors is expected to elect Rontan's CEO, Edigimar A. Maximiliano Jr., Chief Executive Officer of GDSI and Richard J. Sullivan Non-
PALM BEACH, Fla., Oct. 21, 2015 /PRNewswire/ -
At an upcoming special meeting, GDSI's board of directors is expected to elect Rontan's CEO, Edigimar A. Maximiliano Jr., Chief Executive Officer of GDSI and Richard J. Sullivan Non-
Founded in 1970, privately held Rontan designs, manufactures and delivers emergency warning equipment specifically for public safety organizations and professionals. Rontan exports products to many of the world's most competitive markets, including the United States, Canada, Central and South America, Europe, Asia, Australia, Middle East and Africa. The largest specialty vehicles and acoustic and visual signaling equipment company in Latin America, Rontan has earned ISO and TS Certifications, attesting to the quality of its management systems.
With 2014 revenue of R$ 500 million (approximately US$ 128 million), Rontan produces some 5,000 vehicles per month and has approximately 1,200 direct and indirect employees. In 1999, through a partnership with the biggest worldwide manufacturers of vehicles for fire fighters, Rontan became an authorized representative of the Oshkosh Pierce vehicles.
Rontan Telecom is the largest manufacturer and distributor of Motorola radios and communication trunking systems for police forces in Brazil, providing technical assistance on the full line of Motorola radios.
"This exciting transaction represents a significant step forward for GDSI," said Richard J. Sullivan, expected to be named non-
"This is a momentous milestone in Rontan's 45-
For more information about the full line of products and services offered by Rontan, please watch this informative video: https://www.youtube.com/watch?v=gf7lFDXsJF8&feature=youtu.be. Refer to GDSI's October 19, 2015, 8-
About Edigimar A. Maximilliano ("Max")
"Max" Maximiliano started his career in 1993 at the fixed income desk of ING Barings as a trader of Emerging Markets Sovereign Debt Bonds. Between 1994 and 1998 Mr. Maximiliano was Treasury Department Manager of General Motors of Brazil and GMC's TONY (Treasury Office New York), where he led the company's dealing desk.
In 1998, he joined Iguatemi Group, in both Iguatemi Malls and GVT (Global Village Telecom, now Telefonica Group, the largest Telco company in Brazil). He began in the position of Financial Controller and Treasury Officer before being promoted to the Chief Financial Officer position. Between 2000 and 2007, Mr. Maximiliano served as Investments/Capital Markets Managing Director of Unibanco, Brazil's third largest privately held bank at the time.
In April 2007, he joined Bradesco BBI, Brazil's second-
After being involved in more than 80 structured deals – including M&A and IPOs, among others – and after being ranked 13 times in the renowned Institutional Investors Ranking, in 2014 Mr. Maximiliano accepted the invitation to become the Rontan Group's CEO.
In 1996, Mr. Maximiliano received his bachelor's degree in Business Administration from FGV-
More About the Rontan Group ("Rontan")
Founded in 1970, Rontan designs, manufactures and delivers emergency warning equipment specifically for public safety organizations and professionals. Rontan is comprised of six businesses and branch offices throughout Brazil, Latin America, North America and other international locations. The company's main product lines are divided into the following categories:
Rontan exports products to many of the world's most competitive markets, including the United States, Canada, Central and South America, Europe, Asia, Australia, Middle East and Africa, demonstrating the quality and innovation of the entire line of Rontan's equipment and services.
Rontan North America, located in Miami, Florida, manufactures visual and acoustic signaling equipment and provides assistance for customers in foreign markets. It is also the authorized distributor for all Motorola telecommunications equipment for the United States, Canada, the Middle East and Oceania (including Australia, New Zealand and Indonesia). Rontan's Global Services division distributes parts and components throughout Brazil and all international markets.
Rovcan, a Rontan Group company, is a joint venture with Vcan, the largest manufacturer of certified helmets in the world.
For more information about the full line of products and services offered by Rontan, please watch this informative video: https://www.youtube.com/watch?v=gf7lFDXsJF8&feature=youtu.be. Visit http://www.rontan.com.br/www/en/rontan/rontan.html.
For additional details about this transaction, please see GDSI's October 19, 2015 8-
About GDSI's North American Custom Specialty Vehicles
NACSV specializes in building mobile command/communications and specialty vehicles for emergency management, first responders, national security and law enforcement operations.
These specialty vehicles include:
For more information about NACSV, please watch this informative video https://www.youtube.com/watch?v=r1DK9SdUP9s, visit www.NACSVehicles.com, or call 888-
More About Richard J. Sullivan
Dick Sullivan is an entrepreneurial pioneer. In 2001, Sullivan received the prestigious World Economic Forum's "Award for Advanced Chip Technology" presented in Davos, Switzerland. He served as Chairman and CEO of Applied Digital Solutions, where he executed a technology rollup involving 42 acquisitions that succeeded in increasing the company's share price from $2.50 to a peak of $18 per share. During Sullivan's decade-
About Global Digital Solutions, Inc.
Global Digital Solutions is positioning itself as a leader in providing comprehensive security and technology solutions. On June 16, 2014, GDSI completed its acquisition of North American Custom Specialty Vehicles (NACSV), a leading builder of mobile command/communications and specialty vehicles for emergency management, first responders, national security, and law enforcement operations. For more information about GDSI, visit https://gdsi.co.
Forward Looking Statements
This press release contains "forward-