Tulsa’s Controller Security sells accounts to Guardian

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Wednesday, January 18, 2012

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 during the first week of January. Financial terms were not disclosed.

Albers said he was not at liberty to discuss how many accounts were involved in the transaction. He said they were split roughly 50-50 between residential and small commercial—“footprints typically 5,000 square feet or less.”

Guardian Security will provide all monitoring and servicing of the accounts previously held by Controller, which is not staying in business, said Dorsie Mosher of the Davis Mergers and Acquisitions Group. Mosher represented Controller in the transaction.

Albers said Controller’s reputation and the fact that the accounts were local made the acquisition appealing.

“Controller was known to be a very high quality alarm company in town,” he said. “When they decided they wanted to get out of the business, we leapt at the opportunity. Their established customer base was a really good fit for us.”

Skip Houston, owner of Controller Security, said in a news release that “he was very pleased to be able to place his subscribers with a high-quality central station that has a local Tulsa presence.” He could not be reached for further comment.

Albers said CSG now has more than 150,000 accounts along the Sunbelt from California to Florida.