CIA Security Acquires Longtime Competitor
LONG GROVE, Ill.
CIA Security President John Lombardi announces the company has acquired Apa Security, headed by Ralph Apa. Both men are longtime veterans of the alarm industry and were direct competitors in the Hudson Valley area, which includes Poughkeepsie, N.Y.
Commenting on the sale of his company, Apa says “The time was right to pursue other interests after having spent 30 years in the alarm industry.”
Ron Davis, managing partner of Davis Marketing Group, who represented the seller, handled the acquisition.
“When an opportunity to acquire 2,200 accounts presents itself, it is unusual,” says Davis. “In this case, John Lombardi recognized it, recognized the quality of the accounts that Apa had worked over 30 years to collect and acted immediately.”
If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!
Security Is Our Business, Too
For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add sales to your bottom line.
A free subscription to the #1 resource for the residential and commercial security industry will prove to be invaluable. Subscribe today!