Tag: Joe Cestra
Worldwide is latest 'search fund' acquisition deal
February 3, 2016Martha Entwistle
NEW YORK—The purchase of Worldwide Security by Novidam Capital Partners is the latest example of a “search fund” acquisition deal, a specialized finance model that brings entrepreneurs into the security industry.Worldwide, an $8.2 million full-service security company, was acquired by Novidam Capital, a search fund, last month.Former Worldwide CEO Ken Mara is retiring and Novidam's Alexander Schuil is now CEO of the company, which has been renamed Worldwide Security Group.“In...
Integrators '20 under 40' 2015—Joe Cestra
October 13, 2015Spencer Ives
Joe Cestra, 35
Director of technology, World Wide Security Group
Garden City, N.Y.
Joe Cestra works to incorporate new technologies into World Wide Security Group's central station, while also looking to monetize technologies World Wide already has in place.
Cestra went to Queens College to study IT, focusing on networking and wireless technology. After graduating, he joined his mother at People Protection to help in “revamping” the technology in the company's monitoring...
World Wide competes with DIY cameras
August 19, 2015Spencer Ives
GARDEN CITY, N.Y.—World Wide Security, a full service security company based here, sees video monitoring as an avenue for growth, and plans to offer its own low-cost, self-installed cameras.“We have partnered up with a manufacturer to get an IP camera that you can just plug into the wall—it connects to Wi-Fi or can be hardwired—it has an SD card slot … and it is preconfigured to communicate back to [our] central station,” World Wide Security's director of technology,...