Guardian Protection Completes Second Ranger American Acquisition
WARRENDALE, Pa.
Guardian Protection Services Inc. has completed its second Ranger American acquisition in six months. With the purchase of Ranger American’s Texas-headquartered operations, Guardian expands its geographic footprint in Austin, Dallas and San Antonio, and further increases its penetration in its existing Charlotte, Indianapolis and Phoenix markets.
Ranger American, a provider of home technology solutions, has a substantial number of well-developed builder relationships and has maintained a strong position among ADT’s largest dealers during the company’s 10-year history.
The purchase will add 15,000 rooftop opportunities per year to Guardian’s production within its product lines of installed home security, structured wiring, distributed audio and other home technologies. The acquisition will also add 600 new Guardian employees, bringing Guardian’s total employees to more than 1,600.
“We’re big into reconstructions and we like the business that the builders bring to the table,” Guardian Protection Services CEO Russell Cersosimo tells SECURITY SALES & INTEGRATION. “The acquisition of Ranger brings about 175 builders to the table for us – that alone brings a significant value.”
While Texas hasn’t been affected as significantly with the downturn in the housing market, Cersosimo says his company has a rare opportunity because business can turn and volume can double at any time.
Guardian expects its centralized infrastructure, systems and marketing capabilities to combine well with Ranger American’s experience and existing builder relationships. The acquisition adds significant account volume and expands Guardian’s footprint in a manner consistent with its goals of creating high-quality, internally-generated monitored accounts. Guardian expects the acquisition to increase new sales revenue by $12 million.
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