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Davis Mergers and Acquisitions Group

ASG buys in Louisiana, Florida

Optimism abounds at ASG after auspicious Q1
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04/23/2014

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.

Per Mar buys a pair of Indiana security companies

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11/06/2013

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.

ASG, guard company team up?

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Thursday, September 5, 2013

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 companies partnering with guard companies is a trend we've seen lately. Securitas and Convergint partnered in 2011. Here's that story. Stanley partnered with U.S. Security Associates in April. Here's that story. And in 2009 guarding giant G4S got into integration with the acquisition of Adesta. Here's that story.  So I assumed at first that this was the same sort of partnership, except on a much limited basis. However, I just spoke to Ralph Masino, CFO at ASG, and he clarified that the deal was, in fact, a  small account acquisition deal.  RCSI historically has done both guarding and some limited alarm monitoring, he said. The company decided to shed its  alarm monitoring accounts, which were acquired by ASG, Masino said. RCSI is still continuing with all of its guard services.

 

 

ACA acquires in Alabama

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Wednesday, August 15, 2012

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. 7 release.

In the release, Kelly Bond, VP of sales and marketing for ACA, remarked, “This was one of the smoothest transactions that we’ve entered into.”

Ultimate President Richie Burns said in a prepared statement that this is a “tremendous transaction that allows us to remain in business, continue to sell accounts and provide service for all of our friends and customers.”

Bond said, “Richie has a great staff and quality accounts, and we’re looking forward to a prosperous relationship.”

Terms were not disclosed. Ron Davis, of Davis Mergers and Acquisitions Group, represented the seller.

Monitoring contract provision can stand in way of sale

If your third-party monitoring center has a right of first refusal on your alarm company, that can impede selling it to anyone else
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04/04/2012

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.

Bay Alarm expands

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Tuesday, February 7, 2012

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 continue to service custom-builder customers and to help grow the company.

Dorsie Mosher of Davis Mergers and Acquisitions Group, Inc. represented the sellers in this transaction.

I wrote recently here about Bay Alarm adding a new office and employees and its co-president being appointed by Gov. Jerry Brown to a state board overseeing alarm companies.

I’ll try to learn more from Bay Alarm about the new acquisition.

 

Tulsa’s Controller Security sells accounts to Guardian

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01/18/2012

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.

Bayou under Pelican’s wing

Pelican: Both companies benefit from Bayou joining security alliance
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12/20/2011

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.

Guardian Security expands dominance in Tulsa

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Thursday, October 27, 2011

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 local Tulsa presence.” Glenn Albers, Guardian Security Systems Vice-President Dealer Operations, stated that “Guardian was enthusiastic about the opportunity to add high-quality accounts to further expand their dominance of the Tulsa market.”

Guardian Security is the name under which Central Security Group—one of the nation’s top providers of security alarm monitoring services headquartered in Tulsa—does business in Oklahoma. CSG was acquired by Summit Partners, a Boston-based growth equity investor around this time last year.

Then earlier this year CSG announced it was taking that infusion of new capital and putting it to work to grow the company—by adding new technology and creating a new brand for its dealer program.

 

Newly rebranded Bates Security acquires

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06/30/2011

LEXINGTON, Ky.—Bates Security, a Honeywell First Alert Professional Authorized Dealer based here, recently acquired Winchester Security in the nearby community of Winchester.