Tag: Central Security Group
CSG rebrands to Alert 360
September 19, 2018Spencer Ives
TULSA, Okla.—Alert 360 is the new name for Central Security Group and Guardian Security Systems, a move that Richard Ginsburg, company CEO, said better represents what the company has to offer.“We've been operating under two different brands for the past 10 years,” Ginsburg told Security Systems News. “We operated as Guardian Security in Oklahoma, and then we operated as Central Security Group outside of Oklahoma. It was really confusing to customers. Most importantly, those...
How I Use My System: Jim Boots
April 18, 2018Spencer Ives
Jim Boots, Central Security Group's chief revenue officer, started with the company four years ago. His position involves coordinating revenue generation across multiple channels, including our branch network, inside sales, and the company's authorized dealer program. Boots recently talked with Security Systems News about his home security system.What kind of system do you have?My personal system is our Alert 360 smart home system, which is comprised of a Nortek color-touchscreen panel and the Alert...
CSG gains $40 million in financing
July 12, 2017Spencer Ives
Central Security Group on July 6 announced that it received an incremental first lien term loan of $40 million, as well as a 12-month maturity extension to its credit facilities.
The new funding “is part of a broader $350 million financing the company started in 2014. This was an add on to that financing,” Richard Ginsburg, president and CEO of Central Security Group, told Security Systems News in an email interview. CSG finances through Credit Suisse, Ginsburg noted.
Asked about growth...
Five Questions: Brandon Hess
March 24, 2015Amy Canfield
Brandon Hess was appointed to the new role of dealer acquisition manager for Tulsa, Okla.-based Central Security Group last fall. He is responsible for expanding the company's dealer network, ensuring ongoing, successful relationships with qualified dealers and helping to support growth for individual authorized dealer businesses. Previously, he held managerial positions in sales and training, including work with homeowners, builders and internal teams, with Ranger Technology Solutions and Vivint....
CSG is three for three
January 21, 2015Amy Canfield
TULSA, Okla.—Central Security Group has added 6,000 customers and boosted its RMR to more than $7 million with its acquisition of Allied Protective Systems, its third buy in three months.The purchase of Oklahoma City-based Allied brings CSG's total accounts to just over 200,000, CSG president and CEO Richard Ginsburg told Security Systems News. About 60 percent of those accounts are residential, he said.CSG has offered all of Allied's 25 employees continued employment, Ginsburg said.It will...
CSG buys two in Texas
October 29, 2014Amy Canfield
TULSA, Okla.—Central Security Group has added nearly 4,000 customers and RMR of $120,000 with its recent acquisition of two security and home automation providers, Dallas-based Fort Knox Security Services and SW Security Services.
The purchases substantially increase CSG's footprint in the Dallas, Houston, San Antonio and Austin markets.
About 90 percent of the acquired accounts are residential, according to Richard Ginsburg, CSG president and CEO.
A critical component of CSG's...
Richard Ginsburg named CEO of Central Security Group
July 8, 2014Martha Entwistle
TULSA, Okla.—Super-regional security company Central Security Group today named Richard Ginsburg as CEO. Ginsburg, who as CEO of Protection 1 grew it into one of the top three security companies in the country from 2001 to 2010, said he wants to grow CSG into a “significantly larger company.”
“The goal is absolutely to turn CSG into a national company,” Ginsburg told Security Systems News.
Ginsburg replaces Mark Wilson, founder of CSG, who is retiring.
Founded...
Tornado spares CSG office in Oklahoma City
May 21, 2013Rich Miller
TULSA, Okla.—Monday's devastating tornado spared Central Security Group's office in Oklahoma City, but the homes of the branch manager's daughter and a CSG dealer were among the hundreds that were destroyed, CSG's Glenn Albers told Security Systems News on Tuesday.Albers, vice president of dealer operations for CSG, a full-service security provider based here, said the company was still attempting to contact all of its dealers in the area in the chaotic aftermath of the storm.“There are...
CSG acquires SecureNet
April 3, 2013Rich Miller
TULSA, Okla.—Central Security Group, a full-service security provider based here, has acquired SecureNet Alarm Systems in a deal that brings CSG more than 22,000 accounts, $650,000 in RMR and a new central station.The acquisition, the largest ever for CSG, was completed through a “walk away stock deal at an aggressive multiple,” the company said in a prepared statement. Financial details were not disclosed.SecureNet, founded in 1996 and based in Wichita, Kan., specializes in burglar...
CSG closes year with three fold-in acquisitions
January 30, 2013Rich Miller
TULSA, Okla.—Central Security Group closed 2012 with three fold-in acquisitions that have expanded the company's presence in Oklahoma, Arkansas and California.CSG acquired Western Home Security of Orange, Calif., in late November, then added Apex Alarms/Relay Systems Corp. of Little Rock, Ark., and CMC of Oklahoma City in the last two weeks of December, said Glenn Albers, vice president of dealer operations for CSG.“All three had a very high percentage of residential customers [85 to...