Aventiv Technologies Completes Recapitalization and Ownership Transition

Source Summary

PLANO, Texas--(BUSINESS WIRE)--Aventiv Technologies (“Aventiv” or the “Company”), a leading provider of secure communications infrastructure and technology solutions serving correctional facilities and public safety agencies, today announced the completion of its recapitalization through a debt-for-equity exchange. The Company is moving forward with a clear vision and commitment to its future, with strong institutional backing for its next phase. The transaction significantly reduces the Compan