Kevin Dunbar Takes Sole Ownership of Dunbar Security Solutions, Products Businesses
Both businesses are headquartered in Hunt Valley, Md., and together employ more than 325 people.
HUNT VALLEY, Md. — Dunbar Security Solutions (DSS) and Dunbar Security Products (DSP) jointly announce that President and CEO Kevin Dunbar is now the sole owner of both companies.
No transactional details were provided.
The Dunbar brand dates to 1923 when the Dunbar family co-founded a cash-in-transit company in New England. In that time the company has expanded to add numerous new divisions and business lines focused on cash-in-transit, manned guarding, cash vault services, security systems and cash management products.
Kevin Dunbar has been with the Dunbar companies since 1980 when he began on the sales team of both Dunbar Guard and Armored. He was promoted to COO in 1998, president in 2001 and CEO in 2003.
During his progression with Dunbar Armored, he focused heavily on upgrading technology, the diversification of service offerings, and equating the Dunbar brand with best-in-class service, according to the announcement.
In 2018, Dunbar oversaw the sale of Dunbar Armored to Brinks in 2018 and assumed sole ownership of the remaining Dunbar companies in late 2019.
Today, Dunbar consists of two separate and distinct companies. DSS is a leading provider of manned and electronic integrated security services for commercial, industrial and corporate clientele across the Mid-Atlantic region.
DSP manufactures and provides tamper-evident plastic bank deposit bags, banking supplies and cash management products for banks, retail organizations, local governments and other cash-centric companies throughout North America.
Both companies are headquartered in Hunt Valley, Md., and together employ more than 325 people.
Ernst & Young recognized Dunbar as an Entrepreneur of the Year in 2008. He says he intends to utilize the drive, experience and spirit that brought him into such recognition with this new direction of the Dunbar brand.
“Like generations before me, I have dedicated my career to seeing Dunbar become ‘The Most Trusted Name in Security,’ and I am excited to advance both of our companies as sole owner,” he says. “While our family of companies and offerings have evolved throughout our history, we have remained dedicated to providing our customers with a customized, high-quality experience to ensure they receive the best products and services to protect their people, properties and cash.”
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