Security ONE acquires Homematix Systems Deal strengthens foothold in Ontario, particularly with homebuilders
By Paul Ragusa
Updated Wed May 25, 2016
LEAMINGTON, Ontario—Security ONE Alarm Systems, a security and automation company headquartered here, has acquired Homematix Systems. The complete fold-in includes the company's 500 accounts, its office in London, Ontario, and approximately 10 employees, comprising administrative and sales staff as well as technicians.
“The big appeal for us is that Homematix already had a strong foothold in the London market, particularly when it came to homebuilders' associations,” Corey Robertson, Security ONE director of marketing told Security Systems News. “We had a small service support office in the London area, but this acquisition enables us to be able to move into an entire building—a nice storefront—which really improves our presence in the London market.”
The purchase of Homematix is the first acquisition for Security ONE this year, following the acquisition of customer accounts from Gladiator Security in Windsor, Ontario, late last year. Robertson said that one of the biggest drivers for the Homematix acquisition “comes from some of the success that we have had in some of our more recent acquisitions that we did very well with, so we are comfortable moving forward,” he said.
Security ONE, which has been locally owned and operated since 1978, provides security solutions for both residential and commercial locations throughout Ontario. “Residential and small commercial is our main forte, and that makes up the bulk of our business,” said Robertson, who noted that the company is also having success with a third sector—providing security and environmental monitoring for greenhouses in western Ontario, “which are huge down here,” he said.
In terms of RMR, Robertson said he is seeing an upward trend. “We have come off a really positive year all around, and feel this is good time to be in security business,” he noted. “When it comes to RMR in our business, collectively in the industry we have done an outstanding job showing the value in the service we provide. Today, we can not only provide protection, but it can tie into some energy management and home automation, and it might even reduce your homeowner's insurance, so people are responding well.”
The secret to Security ONE's success is having the right team in place that is committed to providing “truly exceptional service,” Robertson said. “We try very hard to be competitively priced in the market, and have worked hard at building up our reputation in this area that says you are going to be treated outstanding.”
Security ONE has a local central station that offers 24/7 monitoring on security systems, personal medical alarms, fire panels, low temperature sensors, rising sump pump levels, and asset protection. “Security ONE is the only ULC listed, CSAA Five Diamond Certified monitoring station in Southern Ontario, and offers the secure MySecurityONE online account management portal,” said Robertson.
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