Concrete Maker Builds Alarm Business
DEERFIELD BEACH, Fla. — A Florida company that until a year ago specialized in concrete manufacturing and facility construction has won a bidding process to acquire Adelphia Communication Corp.’s security services division.
Devcon Int’l Corp., through its recently formed Devcon Security Services Corp. (DSS), will pay $42.8 million to purchase Adelphia’s Starpoint Limited Partnership alarm installation and monitoring services.
The man leading Devcon’s security efforts is no stranger to the alarm industry. Steven Ruzika, president of ADT Security from 1989 to 1997, is president of DSS.
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