American Alarm Grows Massachusetts Footprint With Malfy Alarm Acquisition
Malfy Alarm founders Sarah and Philip Malfy will remain with American Alarm full-time to continue to serve and grow the company’s combined customer base across Cape Cod.
Malfy Alarm founders Sarah and Philip Malfy will remain with American Alarm full-time to continue to serve and grow the company’s combined customer base across Cape Cod.
The renovated American Alarm building features updated and expanded offices, conference and training spaces, a product warehouse, and the company’s back-up 24/7 alarm monitoring station.
The former owners and all Monitor Controls employees will remain on the team as American Alarm employees following the acquisition.
Electronic Alarms’ new facility has an open-concept suite of offices and work-stations, a conference room and a training center.
Phoenix Security Systems was established in 2007 by Brad White, who built a significant portfolio of residential and commercial customers.
The monitoring of former Eaglestar customer locations has been transferred to American Alarm’s company-owned and operated UL-Certified central monitoring station.
American Alarm generates over $18.3 million per year in RMR with its comprehensive security systems and monitoring.
Atlas Alarm is the second acquisition American Alarm has completed in the past six months.
American Alarm said it will use the revolving credit facility from Citizens Bank for general corporate purposes and acquisitions.
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