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Select Security

Select Security closes on $55m credit facility with Goldman Sachs

Egan: Funds to be used for acquisitions, launch of DIY product with Mace
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06/22/2016

LANCASTER, Pa.—Select Security, a super regional security company based here, received a $55 million senior credit facility with the Goldman Sachs Specialty Lending Group.

Select Security restructures management

Company positions itself for continued growth this year
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06/21/2016

LANCASTER, Pa.—Select Security, a super-regional based here, announced changes to its senior leadership team, part of a restructuring of the company in preparation for continued growth this year. The company recently reached $1m in RMR, following several years of rapid growth both organically and through acquisition.

Select Security partners with Mace to launch national DIY product

Company finalizing manufacturer choice, executive director to oversee program
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06/16/2016

LANCASTER, Pa.—Select Security, a super-regional based here, is partnering with Mace, best known for its pepper spray, to launch a DIY product nationally in 2016.

Select Security reaches $1m in RMR

Growing company prepares for ‘big announcement’ in DIY Space
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04/05/2016

LANCASTER, Pa.—Select Security, based here, has reached $1 million in RMR following several years of rapid growth both organically and through acquisition. Select Security president Steve Firestone told Security Systems News, “We are getting ready to make a big announcement in the DIY space within the next four- to six weeks.”

Who’s afraid of Google?

Smart resi providers should take Google’s move into home security seriously, but could wind up benefitting from it
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04/01/2015

YARMOUTH, Maine—Google’s venture into home security and automation may turn out to be a very good thing for traditional resi companies, according to providers interviewed by Security Systems News.

Select Security goes to Kentucky and West Virginia with purchase of Secure US and three others

Super-regional expects to hit $1m in RMR by year end
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12/10/2014

LANCASTER, Pa.—Super-regional Select Security moved into two new states—Kentucky and West Virginia—and added about 8,000 new accounts with the acquisition of Secure US of Morgantown, W.Va., and three companies in Kentucky.

Select Security gets $25m-plus in financing

Super regional has big plans for new credit line
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11/05/2014

LANCASTER, Pa.—Select Security, based here, has received a $25 million senior secured facility from Citizens Commercial Banking, a division of Citizens Financial Group, also based here.

Select Security calls new ERP system ‘transformative’

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03/20/2014

LANCASTER, Pa.—Select Security, a super-regional based here, received the highest honor at the SedonaOffice annual users conference when it was named Customer of the Year, according to a March 18 news release.

Select Security restructures management team

With a 38 percent increase in RMR and attrition around 5-6 percent, Select looks to do more door knocking and amp up inside sales in 2014
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01/08/2014

LANCASTER, Pa.—Select Security, a super-regional based here, is starting 2014 with a restructured management team and goals that include a new inside sales program and additional growth of its summer sales program.

Talking panels and keypads with Patrick Egan

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12/18/2013

As a senior in high school, Patrick Egan, owner of Lancaster, Pa.-based Select Security, worked at a bowling alley that was broken into one night.

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