The acquired security dealers are 995 Security, Security Services Center, Wilmington Security Systems and Apex Alarm Co.
Highlights from Security Sales & Integration’s 2019 survey of electronic security and fire contractors include new installation figures, profit reports and other statistics on installing dealers and integrations.
Led by its founder and president, John Loud, the Georgia-based company grows to more than 10,000 accounts with the two acquisitions.
The monitoring of former Eaglestar customer locations has been transferred to American Alarm’s company-owned and operated UL-Certified central monitoring station.
With a location in Tulsa, Okla., Pendergraph has a strong regional presence with a focus on providing installation and service for commercial customers.
Through its subsidiary Markel Ventures, Markel makes investments in businesses that operate outside of the insurance marketplace.
APG Security offers manned guarding and investigative services on a national level. The deal will result in an expanded geographical reach for its clients.
NECO’s security project manager, along with the company’s technicians, will join Per Mar’s Midwest Alarm Services business.
Edward Silverman, CEO and founder of SOS Security, will serve as co-chairman of the executive committee and an advisor to the board of directors.
The security industry is changing and, believe it or not, for the better. Accept the changes that are good and resist those that are detrimental.