ASG Security Acquires Argus Security Systems
Alarm Security Group, or ASG Security, has acquired the SAMMY-nominated Argus Security Systems of McAllen, Texas. One of the largest privately-owned security systems providers in Texas’ Rio Grande Valley, Argus has sold and installed fire and burglar alarm systems, commercial sound systems, fire suppression systems, CCTV and access control systems, fire extinguishers, integrated systems, and automatic gates since 1981.
With more than 7,800 customer accounts, Argus generates about $8 million in gross revenues each year, including more than $200,000 in recurring monthly revenue.
One of the 20 largest U.S. security alarm companies, ASG Security provides full-service operations in the Mid-Atlantic/Washington, D.C. area and throughout Texas.
Offering integrated video surveillance, access control solutions and fire and burglar alarm systems, ASG serves 37,000 subscribers and focuses on commercial and high-end residential market segments.
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