GTCR Sells HSM for $545 Million

GTCR has agreed to sell HSM Electronic Protection Services Inc. to The Stanley Works (NYSE: SWK) for $545 million. GTCR formed HSM in June 2004 to acquire the security alarm monitoring business of Honeywell International. Lehman Brothers advised GTCR and HSM on the transaction. www.gtcr.com www.hsmsecurity.com