Aventiv Technologies Completes Recapitalization and Ownership Transition

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Company moves forward under new ownership with a strengthened financial foundation, positioned for future growth 

PLANO, Texas, JULY 2 - 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 Company’s debt, strengthens its balance sheet, and positions Aventiv for long-term growth and financial stability. It results in a simpler, more durable capital structure with greater financial flexibility to support ongoing investment in the business. 

Aventiv and its family of brands, including Securus Technologies®, Securus Monitoring®, and JPay®, will continue to operate seamlessly, with uninterrupted support for customers, partners, and associates. Backed by a strengthened capital structure, the Company is positioned for growth, delivering reliable, high-performing solutions while advancing how it serves facilities and individuals. Its digital infrastructure enables safe, efficient operations, strengthens system-wide connectivity, and expands access to services that support long-term stability and successful reentry. 

"The completion of this transaction reflects the disciplined execution of our team and the underlying strength of our business. We have built a scaled, resilient platform that supports critical operations for correctional facilities and public safety agencies, while enabling essential connectivity across the communities we serve. This milestone strengthens our foundation and positions us to continue advancing our capabilities, operating with sustained discipline, and delivering long-term value for our stakeholders." 

Kevin Elder, Interim CEO and President, Aventiv Technologies

Aventiv is supported by Milbank LLP as legal advisor, FTI Consulting as financial advisor, and [PJT Partners] as investment banking advisor. The institutional investors and lenders are represented by [Gibson, Dunn & Crutcher LLP] as legal advisor and [Evercore Group LLC] as investment banking advisor. 

About Aventiv Technologies 

Aventiv Technologies, headquartered in Plano, Texas, is a leading provider of innovative, secure technology solutions that transform connectivity for correctional facilities, law enforcement agencies, incarcerated individuals, and their loved ones. Through its trusted brands, Securus Technologies, Securus Monitoring, and JPay, Aventiv serves over 1,800 agencies nationwide, delivering over 80 cost-effective, safety-enhancing products that drive operational efficiency and create meaningful connections that strengthen community outcomes. Learn more at www.Aventiv.com and connect with us on LinkedIn, Facebook, and X. 

By Aventiv Technologies | | Type: Press Release