SAFE Security Celebrates 25th Anniversary
SAN RAMON, Calif. — SAFE Security is celebrating its 25th anniversary as a full-service, operating security company.
Established in 1988, SAFE Security provides monitoring services, installation, maintenance and other related services to more than 70,000 residential and commercial customers in the United States and Canada.
“I am very pleased that SAFE has reached this milestone, and proud that it is with a reputation for integrity and stability in the security industry,” company President and CEO Paul Sargenti says. “SAFE’s growth has been the result of years of planning strategic acquisitions and geographic expansion, efficient vertical operations, hard work, committed partners and the dedication of employees and executive management team.”
Formerly known as Security Alarm Financing Enterprises, the company operated on a specialty finance business model until Sargenti created a hybrid business model to help grow the business in 2003. After recapitalizing in 2009, the firm acquired California Security Alarms, including a central monitoring station. SAFE Security rebranded the central station as SAFE Monitoring Technologies (SMT) and relocated all operations to the firm’s San Ramon, Calif.-based headquarters in 2010.
Adding the central stations to its service offerings allowed the company to launch the SAFE Dealer Network, which provides its dealers with co-branded contracts and marketing materials.
“On our silver anniversary, the SAFE brand is commonplace in the industry,” Sargenti says. “We have combined an account management discipline with operational competencies that open the door for organic growth along with our burgeoning dealer program. We have the resource infrastructure to grow organically and help dealers grow with us, with the stable, reliable funding capabilities for which we are well known.”
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