DSS Buys National Safe of California, Taps Into Financial Market

Published: September 30, 2002

Integrated security systems provider Diversified Security Solutions (DSS) has bought National Safe of California, a company that supplies and services alarm security equipment, surveillance equipment and more, to increase internal expansion by growing in existing core markets and through some acquisitions. The Fullerton, Calif.-based company has serviced financial institutions for more than 25 years.

National Safe reports its 2001 revenues were $3.1 million, with $1.3 million in gross income. James Henry, chairman and CEO of DSS, says the acquisition will help support the company’s customers on the West Coast. Also, says Irv Witcosky, president and COO of DSS, “National Safe will serve to expand our existing core markets in California beyond airports, transit systems and high-rise buildings.”

SSI Newsletter
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series