Tag: Glenn Albers
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 acquires Kansas-based SafeLink Security
February 8, 2012Rich Miller
TULSA, Okla.—Central Security Group has acquired SafeLink Security, based outside Kansas City, Kan., in a turnkey deal that brings CSG about 1,100 accounts in four states.Glenn Albers, vice president of dealer operations for CSG, based here, said the deal was completed Feb. 1. Financial terms were not disclosed.Albers said the purchase, CSG's first “full acquisition” in Kansas, was especially attractive because of the company's established relationship with SafeLink.“They...
Tulsa's Controller Security sells accounts to Guardian
January 18, 2012Rich Miller
TULSA, Okla.—Guardian Security Systems has purchased the accounts of Tulsa's Controller Security in a deal that will maintain local alarm monitoring for the subscribers.Guardian Security is the name by which Central Security Group—one of the nation's leading providers of security alarm monitoring—does business in Oklahoma. CSG is based in Tulsa and has its own central station here.Glenn Albers, vice president of dealer operations for Guardian Security, said the deal was completed...
This Blog's on Fire (And Other Stuff)
Guardian Security expands dominance in Tulsa
October 27, 2011Tess Nacelewicz
Here's a tidbit about Guardian Security Systems, located in Tulsa, Okla. It just bought a block of accounts from another Tulsa company, NEOSAT Alarms, according to an announcement yesterday by the Long Grove, Ill.-based Davis Mergers and Acquisitions Group, which represented NEOSAT in the transaction.
Here's more from the Oct. 26 release:
Mark Garrett, owner of NEOSAT Alarms, stated that he “was very pleased to be able to place his subscribers with a high-quality central station that has a...
Central Security: New capital, new growth plans
February 17, 2011Tess Nacelewicz
TULSA, Okla.—In late 2010, Central Security Group got a new owner: a private equity group. Now, this year, CSG is taking that infusion of new capital and putting it to work to grow the company—by adding new technology and creating a new brand for its dealer program.
“We are so excited about what is going on with us,” said Glenn Albers, who recently moved from VP, customer operations to VP, dealer operations as part of CSG's strategy to focus more on its dealer program.
CSG,...