Tag: F.E. Moran
F.E. Moran has new equity partner, surpasses $1m RMR
January 6, 2016Martha Entwistle
CHAMPAIGN, Ill.—After several years of searching, F.E. Moran finally found an equity partner that offers what CEO Brett Bean calls “access to permanent capital,” something that's not common in the security industry and that will allow the systems integrator to expand into four new states in the near future.F.E. Moran, a full service security company that is 70 percent commercial and did $33 million in revenue in 2015, reached $1 million in RMR at the end of 2015, Bean told Security...
F.E. Moran expands into Kansas and Indiana with acquisitions
June 13, 2012Martha Entwistle
CHAMPAIGN, Ill.—F.E. Moran has completed two acquisitions that expand its footprint into Kansas and Indiana, boost its national accounts business, and bring in key personnel that CEO Brett Bean predicted will help the company pass a major milestone in the next 18 months.“In the past two to three months we have grown substantially, added 12,000 accounts to the 22,000 we had, so we're at the 34,000 account marker,” Bean said. “We have approximately $875,000 in RMR, and we expect...