ADS Security Acquires PMI Security to Grow North Carolina Base
The purchase of the North Carolina-based company marks ADS Security’s third acquisition of 2017.
NASHVILLE, Tenn — ADS Security, a regional electronic security and automation company based here, has acquired the accounts of PMI Security in New Bern, N.C.
The purchase continues to grow the presence of ADS Security in North Carolina, which began in 2014 with the purchase of Seaboard Security Systems in Washington, NC.
ADS added a second branch in North Carolina last year with the purchase of Central Carolina Security in Sanford, NC.
“We are excited to continue to grow our presence in the Carolinas”, says John Cerasuolo, ADS president and CEO. “It’s always our goal to partner with great companies like PMI Security who have a history of excellence and stellar customer service.”
PMI Security customers will have access to the ADS advanced suite of residential and commercial services, including the company’s mobile app and online web portal, smart home technologies, video surveillance and access control solutions.
The customers will be serviced out of the ADS Washington office located at 930 W 15th Street, Washington, NC 27889. PMI Security owner, Ray Dail, will be joining the ADS Security team in Washington in a sales role. PMI Security customers are currently being introduced and welcomed to ADS
This is the third acquisition for ADS in 2017 after acquiring Chattanooga, Tenn.-based ERMC Security Solutions in August to expand the company’s Southeast footprint.
ADS kicked off the year by acquiring the assets of Falcon Fire Systems in the Charleston, S.C., market in January.
These latest acquisitions come after a recording-setting acquisition year for the company, which added 8,000 accounts across 6 purchases in 2016.
How has ADS Security managed to master M&A? Check out this feature by SSI Editor-in-Chief and Industry Hall of Famer Scott Goldfine to find out.
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