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HomeMy WebLinkAbout20260908Decision Memo.pdf DECISION MEMORANDUM TO: COMMISSIONER LODGE COMMISSIONER HAMMOND COMMISSIONER HARDIE COMMISSION SECRETARY COMMISSION STAFF LEGAL FROM: ALLISON MOORE, COMMISSION STAFF ERIKA K. MELANSON,DEPUTY ATTORNEY GENERAL DATE: SEPTEMBER 8, 2026 SUBJECT: IN THE MATTER OF PLATINUM EQUITY CAPITAL PARTNERS IV, LP'S NOTICE REGARDING THE PLANNED TRANSFER OF INDIRECT CONTROL OF SECURUS TECHNOLOGIES, LLC TO SCRS INTERMEDIATE HOLDING CORPORATION; CASE NO. EVE-T-25-01. On May 15, 2026, Platinum Equity Capital Partners IV, L.P. ("PECP"), the indirect majority interest holder of Securus Technologies, LLC ("Securus"), filed with the Idaho Public Utilities Commission ("Commission") a Notice ("Notice") of the planned transfer of indirect control of Securus to SCRS Intermediate Holding Corporation("SCRS"). STAFF ANALYSIS Commission Staff ("Staff') reviewed the Notice. Securus is on record with the Commission as interexchange carrier in Idaho. In the Notice, PECP stated that it planned to transfer ultimate indirect control of Securus to SCRS at the end of the third quarter of 2026. PECP is not requesting a name change for Securus or anticipating a change with the telecommunication services it is providing to its Idaho customers. RECOMMENDATION Staff recommends that the Commission acknowledge PECP's Notice of a planned transfer of indirect control. COMMISSION DECISION Does the Commission wish to acknowledge the Notice of a planned transfer of indirect control submitted by the Company? A ison Mo e Commission Staff IAUti1ity\UDMEM0S\EVE-T-26-01 Decision Memo.docx DECISION MEMORANDUM - 1 - SEPTEMBER 8, 2026