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Wayne Alarm makes acquisition, gains about 8,700 accounts

January 10, 2018Spencer Ives

LYNN, Mass.—Wayne Alarm Systems, a full-service security company based here, on Jan. 3 finalized its acquisition of Lexington Alarm Systems, based in Bedford, Mass.“Over the past few years … we've decided that instead of being wider we want to be deeper,” Ralph Sevinor, president of Wayne Alarm Systems, told Security Systems News.The deal brings Wayne 8,700 accounts within its footprint, making the company's total number of accounts just fewer than 20,000. Lexington's customer...

Brandon Freedman, Jeff Kahn, Lexington Alarm Systems, Ralph Sevinor, Wayne Alarm Systems