Sensormatic Hawaii is now Pacific Security Integrations
By SSN Staff
Updated Fri January 29, 2010
AIEA, Hawaii—After nearly 20 years in the security business, first with Alert Alarm and then with Simplex Grinnell, Richard Osborne has now purchased his own business, acquiring Sensormatic Hawaii from Greg Murphy. The asset purchase came with offices here. Osborne has retained seven staff members, and added COO Greg Au.
Osborne said the deal closed not more than three weeks after Murphy contacted him with the opportunity: “When two people are motivated, things move quickly,” he said.
The company will now operate as Pacific Security Integrations, and Osborne said he has already begun to expand the company's offerings significantly.
“Sensormatic didn't do any alarm work,” Osborne said, “they just walked away from it. But we'll be getting into residential and commercial alarm, and also into the PERS market.” Pacific will use Grand Central Station for its alarm and PERS monitoring.
Why PERS? “There's a great need for it here on the islands,” he said. While national PERS suppliers might just send product to the home and contract with an electrician or independent integrator for the installation, Osborne said he'll be able to bring a superior level of service and support and feels it will be a significant revenue source for the company.
Further, he'll be expanding Pacific's commercial capabilities by adding parking control. Despite his history with Simplex-Grinnell, he does not expect to move into the fire alarm market, as his experience was exclusively on the security side of Simplex's business and he feels that market is already being well served in Hawaii.
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