Priority One Security Acquires to Expand Into Atlanta Metro Area
The purchase of Fleetwood Security marks the second acquisition for Priority One Security in the past two years and the fifth major acquisition in its 22-year history.
Priority One Security has acquired Fleetwood Security of Cartersville, Ga., for undisclosed terms.
GREENVILLE, S.C. — Priority One Security, based here, has completed the acquisition of Fleetwood Security of Cartersville, Ga. The terms of the transaction were not disclosed.
Fleetwood Security has been operated by Billy Fleetwood and other family members for more than 20 years, providing residential and commercial integrated security to the Atlanta metro area, according to Greenville Business magazine.
The deal marks the second acquisition for Priority One Security in the past two years and the fifth major acquisition in its 22-year history. Priority One Security specializes in integrated security and low voltage systems for residential, small business and commercial entities.
“Priority One Security is committed to supporting our account base. Part of doing so is through controlled growth. We evaluate several acquisition opportunities each year, but only a handful fit our strategy,” states William Francis, president of Priority One Security. “The Fleetwood Security acquisition strengthens our presence in the Atlanta market. It allows us to extend our support to existing clients, and the opportunity to pick up new customers, but most importantly, it’s an acquisition of talent.”
Billy Fleetwood, owner of Fleetwood Security, has been retained as district manager, according to Greenville Business. All former Fleetwood Security employees have been retained and will provide a more specialized role to better support the region.
The purchased was completed May 31 and Fleetwood Security is now operating under Priority One Security.
“The acquisition is more like a merger. There were so many similarities between our two great organizations, it just felt like the right move,” says Fleetwood. “We are excited about the future and our customers will appreciate the new products and services we will bring to the market.”
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