Business
Liberty Defense Adds Jason Burinescu, a Private Equity and Senior Operating Executive to their Board of Directors as Executive Chairman
WILMINGTON, Mass., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. ( ...
About this update from Liberty Defense Holdings Ltd.
[{"type":"text","content":"Liberty Defense Adds Jason Burinescu, a Private Equity and Senior Operating Executive to their Board of Directors as Executive Chairman\n\n\n\n WILMINGTON, Mass., Feb. 25, 2025 (GLOBE NEWSWIRE) --\n \n\n Liberty Defense Holdings Ltd.\n \n\n (“\n \n Liberty\n \n ” or the “\n \n Company\n \n ”) (\n \n\n TSXV: SCAN\n \n\n ,\n \n\n OTCQB: LDDFF\n \n\n , FSE: E30) a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is pleased to announce that Jason Burinescu has been named as Liberty Defense’s new Executive Chairman of the Board, effective immediately. Daryl Rebeck is stepping down as Executive Chairman after serving in that capacity for the past four years.\n \n\n Mr. Burinescu is a Managing Partner of Vision Equity Partner Solutions, an investment and advisory firm (“Vision”). Before Vision, Jason led business development and served as a senior member of the investment team at Fletch Equity, a Los Angeles based private equity firm that has completed more than $1 billion in total transaction value. His investment experience is further augmented by his experience as a senior operating executive at a number of firms that he helped scale including SaaS cyber security company Vera, which was successfully acquired by Help Systems (private equity backed by TA Associates ($45B AUM) and Harvest Partners ($21.5B AUM)), and media companies Leftfield Pictures, which was acquired by ITV and Renegade 83, which was acquired by Entertainment One, now part of Lions Gate.\n \n\n \"I'm very excited to partner and work closely with customers, channel partners, the board of directors, Bill and the entire Liberty team on this incredible mission-driven company to protect our society at large. Liberty’s executives and engineering team had incredible success as senior executives at L3Harris’ Security Detection and Automation business. They were responsible for the design, sales, implementation, service and deployment of ~20,000 security systems globally, and their innovations became the standard across U.S. airports for passenger screening. That division was eventually sold for $1B in cash in February 2020. The company has achieved an incredible amount of momentum in the marketplace serving marquee government agencies around...