Tag: Davis Mergers and Acquisitions Group

BASALT, Colo.—Proguard Protection Services Inc., a full-service, family owned security company based here, announced recently that it secured a $2.75 million senior secured credit facility through CIBC Bank, and completed its first acquisition—the purchase of more than 1,900 accounts and other assets from Allied Security Group of Breckenridge, Colo.“We are very excited to be working with such a great bank and lucky to have the leadership of David Stang in this process,” Frank...

BELTSVILLE, Md.—Bolstering its platforms in Louisiana and Florida, super-regional security company ASG on April 22 announced two acquisitions: Alarm Detection Systems (ADS) of Houma, La., and Amsafe Security Systems, based in Ft. Lauderdale, Fla.With these deals done, ASG is working “to build the territories to continue to grow internally, which is the thesis for all the companies we acquire,” Joe Nuccio, ASG CEO, told Security Systems News.Nuccio and other ASG executives, CFO Ralph...

DAVENPORT, Iowa—Super-regional Per Mar Security has acquired the assets of two family-owned security companies in Indiana: Centech Security Systems of Valparaiso, and Walkerton-based S&L Services.“Both of the companies were about 80 percent residential and 20 percent commercial,” Brad Tolliver, VP of Per Mar's Electronic Security Division, told Security Systems News. “They're both located in a new growth market for us and add a larger footprint for us [in the] South Bend marketplace.”Tolliver...

I received an announcement today from Davis Mergers and Acquisitions Group about super-regional security company ASG establishing a strategic relationship with Ray Cannedy Security & Investigations (RCSI), a guard company based in Wichita Falls, Texas. According to their website, RCSI is a provider of: patrol service, armed and unarmed guard service, courier service, and armored car service. Davis Mergers and Acquisitions Group represented RCSI in the transaction, the announcement said. Integration...

Smooth. That's how Alarm Capital Alliance described a recent transaction that added more than 1,000 accounts to its existing account base in Alabama. ACA, a Media, Pa.-based independently-owned company that acquires and manages security alarm contracts, acquired the accounts through an asset purchase transaction with Ultimate Security of Scottboro, Ala., according to a news release issued last week. Ultimate Security will stay in business and continue to service ACA customers, according to the Aug....

LAS VEGAS—Read the fine print on your contract with your third-party monitoring center. You may find there's a clause buried in it that says the monitoring center has the right to buy your alarm company before you can sell it to somebody else.Such “right of first refusal” language is not in every monitoring contract, but it is in enough of them that Ron Davis, president and CEO of Davis Mergers and Acquisitions Group, warned potential sellers about the problem at an educational...

Bay Alarm of California, which says it is “the largest independently-owned and operated alarm company in the United States,” just got a bit larger, according to a news release. Davis Mergers and Acquisitions Group of Long Grove, Ill. recently sent over the following tidbit: Low Voltage Systems, located in Poway, Calif. has been acquired by Bay Alarm Company, with offices throughout California. Doug and Kym Farkas were the owners of Low Voltage Systems. Doug Farkas will be staying on to...

TULSA, Okla.—Guardian Security Systems has purchased the accounts of Tulsa's Controller Security in a deal that will maintain local alarm monitoring for the subscribers.Guardian Security is the name by which Central Security Group—one of the nation's leading providers of security alarm monitoring—does business in Oklahoma. CSG is based in Tulsa and has its own central station here.Glenn Albers, vice president of dealer operations for Guardian Security, said the deal was completed...

BATON ROUGE, La.—The Pelican Security Network, one of the largest providers of alarm services in the country, announced it has added Bayou Security Systems, of Shreveport, La., to its nationwide alliance of more than 30 independently branded alarm companies.Bayou, founded 30 years ago, is “the oldest and largest independent alarm company in the market,” Louis J. Resweber, founder and president of Pelican, which is based here, told Security Systems News. Bayou, which specializes...

Here's a tidbit about Guardian Security Systems, located in Tulsa, Okla. It just bought a block of accounts from another Tulsa company, NEOSAT Alarms, according to an announcement yesterday by the Long Grove, Ill.-based Davis Mergers and Acquisitions Group, which represented NEOSAT in the transaction. Here's more from the Oct. 26 release: Mark Garrett, owner of NEOSAT Alarms, stated that he “was very pleased to be able to place his subscribers with a high-quality central station that has a...