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Habitec reaches milestone with acquisition

September 9, 2015Martha Entwistle

TOLEDO, Ohio—With the Sept. 3 acquisition of Bigelow Security, full service security company Habitec Security reached an important milestone, $500,000 in RMR, John Smythe, Habitec president told Security Systems News.The tuck-in acquisition brought in 500 accounts, 90 percent of which are residential, Smythe said. Bigelow Security was based in nearby Sylvania, Ohio, and has been a friendly competitor of Habitec for more than 20 years. Company founder Jim Bigelow will join Habitec as an independent...

Bigelow Security, Habitec Security, Jim Bigelow, John Smythe