DAVENPORT, Iowa — Per Mar Security Services, a regional provider of security solutions for residential and commercial clients, has acquired Stearns Sound & Security of Waupaca, Wisc.
Terms of the transaction were not disclosed.
Jerry Stearns founded Stearns Sound & Security 43 years ago and will be retiring, according to an announcement.
“After long hours of searching we found a great match,” says Stearns. “We wanted a strong and growing firm that offered the latest in security since many are looking at ways to reduce phone costs and enjoy the convenience of new technologically advanced products.”
Stearns was the sole employee and will assist Per Mar in transitioning more than 400 active customers to Per Mar Security’s Wausau office prior to his retirement.
“Jerry Stearns really has developed a very quality customer base over his career, and it makes us proud that he is trusting Per Mar to secure them going forward,” states Brian Duffy, COO of Per Mar Security Services. “We will make sure that they understand their options for connected services, and look to upgrade where the customers see the benefit.”
For all the latest M&A news, go here.
The deal for Stearns Sound & Security follows Per Mar’s acquisitions of Bloomingdale, Ill.-based American Pride Security Services in April, and All Channel Electronics of Madison, Wisc., in January.
Founded in 1953, Per Mar Security Services is the largest, family-owned, full-service security company in the Midwest with more than 2,400 team members, operating in more than 20 branch locations and 17 satellite locations.
The company provides full-service security solutions for homes and businesses including security officer services, smart home automation, burglar and fire alarms, access control, security cameras, alarm monitoring, investigative services and background checks.





