B Safe Security Acquires Pa.-Based Advent Security Corp.
Founded in 1978, B Safe is a full-service provider of security and fire/life-safety systems to businesses, educational institutions, governments and homes.
WILMINGTON, Del. — B Safe Security, a regional provider of security and fire/life-safety systems to clients in Delaware, Maryland, New Jersey and Pennsylvania, has acquired Advent Security Corp. in Oreland, Pa.
Terms of the transaction were not disclosed. The acquisition brings more than $250,000 in recurring monthly revenue (RMR) to B Safe, according to a press release.
The addition of Advent Security provides B Safe greater depth of coverage in the Delaware Valley region and will strengthen Advent’s commitment to its 6,800 customers, the press release states. More than two-thirds of the acquired company’s clients are residential accounts.
Locally owned and operated since 1979, Advent Security provides intrusion alarms, fire alarms and security systems throughout Bucks County, Montgomery County, Delaware County, Chester County and Philadelphia, the company states on its website.
As the largest privately owned security company in Delaware with over 20,000 monitored clients, B Safe serves the greater Tri-State area from five main offices, including its headquarters in Wilmington, Del. Along with being a full-service security provider, the company is also NICET-III certified for fire alarm signaling systems.
A Platinum Honeywell Authorized Security Dealer, the company staffs NICET-certified technicians for fire alarm signaling systems and has UL certification for fire and intrusion alarm systems.
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