Tag: John Jennings
Bradley builds ECD Systems
June 9, 2015Martha Entwistle
TEMPE, Ariz.—Systems integration firm ECD Systems is up and running in its new headquarters here, with a goal of moderate growth for its first couple of years.“The first year is all about establishing our new identity and making sure our brand and our culture are set,” ECD Systems CEO Mike Bradley told Security Systems News.“We want to grow moderately, at 10- to 15 percent so we don't outstrip our resources, and then we'll see where the market leads us,” he said.ECD...
SAFE Security acquires Safeguard Security
August 20, 2014Martha Entwistle
SAN RAMON, Calif.—In a deal that brings it 300 employees, $1.5 million in RMR, 25,000 customers, a guard business and a central station, SAFE Security, based here, has acquired the alarm business of Safeguard Security, a super-regional that's been family owned for more than 50 years.“The Safeguard acquisition is the beginning of a new era,” Paul Sargenti, SAFE Security CEO and president, told Security Systems News. He added, “It's the fulfillment of a long-term plan to get...
ESX roundup
June 25, 2014Leif Kothe
With ESX 2014 in the rearview mirror, I wanted to combine some of my experiences into one summarizing blog of an event rich in educational seminars and insightful speakers. Here are some of the sights and sounds, in more or less chronological order:
How, in 2014 and beyond, does a security company remain relevant? That's the question Safeguard Security CEO John Jennings addressed at the ESA eye-opener breakfast, urging audience members to free themselves from outmoded ways of doing and thinking about...
Acquiring thy neighbor?
July 17, 2013Martha Entwistle
YARMOUTH, Maine—One of the best ways for security companies to build density is to acquire a local competitor, but there also are potential pitfalls when doing business in your backyard, according to five security company executives who have experience with these kinds of transactions.
John Jennings, president of Scottsdale, Ariz.-based Safeguard Security; Pat Egan, president of Lancaster, Pa.-based Select Security; John Loud, president of LOUD Security Systems, based in Kennesaw, Ga.; David...
Safeguard makes acquisition
April 18, 2012Martha Entwistle
SCOTTSDALE, Ariz.—Super-regional Safeguard Security has acquired New Mexico Security Services, headquartered in Santa Fe, N.M., Safeguard CEO John Jennings told Security Systems News.Two employees will join Safeguard as part of the deal. Carmen Purdy, the former owner of New Mexico Security Services, is retiring.“This deal is strategic in value, because it gives us size. Now we are definitely the No. 1 player in Santa Fe,” Jennings said.Safeguard, which is based here, has had an...
Lessons from the recession
November 29, 2011Tess Nacelewicz
SCOTTSDALE, Ariz.—The economic recession took a toll on Safeguard Security, a family-owned, 50-year-old security company based here. Its annual revenues dropped from $34 million in 2008 to $29 million in 2010, company president John Jennings said.
However, he said he expects Safeguard's revenues to rebound to $30 million by the end of this year, and said the downturn provided important lessons for his company.
“It's been the hardest couple of years since I've been in...
This Blog's on Fire (And Other Stuff)
'Exploring new dimensions' at FAP convention
November 13, 2011Tess Nacelewicz
Veterans Day, the floods in Thailand and the "cookie ladies" were all part of the conversation at the opening session Friday at Honeywell's First Alert Professional Convention 2011 that I attended in Scottsdale, Ariz. Nov. 10-12.
Friday was Veterans Day and JoAnna Sohovich, Honeywell Security & Communications president, started the general session off by thanking those who have served this country in the armed services. Later in the program, Sohovich, a graduate of the United States Naval...
Metro Phoenix city looks to force false alarm fines on alarm companies
March 17, 2011Daniel Gelinas
AVONDALE, Ariz.—City officials here held a meeting March 7 with certain members of the local security industry as well as representatives from SIAC to discuss their false alarm ordinance. The results of that meeting include the city remaining firm on its decision to fine alarm companies for false alarms. According to SIAC industry/law enforcement liaison Jon Sargent, the outcome could have been better.
“This is similar to what happened in Fontana, but not quite the same. That had to do...