Tag: Ralph Masino
ASG buys in Louisiana, Florida
April 23, 2014Martha Entwistle
BELTSVILLE, Md.—Bolstering its platforms in Louisiana and Florida, super-regional security company ASG on April 22 announced two acquisitions: Alarm Detection Systems (ADS) of Houma, La., and Amsafe Security Systems, based in Ft. Lauderdale, Fla.With these deals done, ASG is working “to build the territories to continue to grow internally, which is the thesis for all the companies we acquire,” Joe Nuccio, ASG CEO, told Security Systems News.Nuccio and other ASG executives, CFO Ralph...
ASG acquires National Alarm Systems, moves into new region
February 5, 2014Martha Entwistle
BELTSVILLE, Md.—ASG Security has acquired a “platform for hyper-growth” with the Jan. 31 acquisition of National Alarm Systems of Fort Lauderdale, Fla., a buy that will propel the super-regional to $10 million in RMR by the end of 2014, Joe Nuccio, ASG CEO, told Security Systems News.National Alarm Systems has 9,000 customers, divided fairly evenly between residential and commercial accounts and it has a successful homeowners association business. The deal brings nearly $300,000...
ASG ups credit facility to $300 million
February 5, 2014Martha Entwistle
BELTSVILLE, Md.—ASG in January upped its credit facility to $300 million.This is the second time the super-regional has increased its credit limit in 10 months. In April 2013, ASG increased its credit facility from $250 million to $270 million.At that time, Ralph Masino, ASG CFO, said that the super-regional had the opportunity to up the revolver by another $30 million. The same is true this time. “We increased it by $30 million and we reset the ability to add another $30 million if we'd...
ASG buys bolt-on in Louisiana
September 12, 2013Martha Entwistle
BELTSVILLE, Md.—Super-regional ASG Security is “having a strong sales year so far in Louisiana” and it's also building density through acquisitions in this region, ASG CFO Ralph Masino told Security Systems News.
ASG has acquired the assets of Hartman Electronics, based in Metairie, La., the Davis Marketing and Acquisition Group announced on Sept. 12.
“This is the third follow-on since we entered Louisiana in November of 2012,” Masino said.
“Four...
ASG closes four deals in Q2
July 2, 2013Martha Entwistle
BELTSVILLE, Md.—In the past three months, ASG Security closed four acquisitions that bring an additional $114,000 in RMR. In aggregate, the four deals include 2,600 accounts, ten employees and a new office. The majority of the accounts, 78 percent, that were acquired in the four deals are residential accounts.The new office is acquired as part of the largest of the four deals, Allied Central Station in the Long Island community of Oceanside, N.Y.“It was founded in 1963 and it's...
Post tornado, ASG employees tout 2GIG severe weather alert
May 22, 2013Martha Entwistle
Yesterday afternoon I spoke to some Oklahoma-based employees of super-regional security company ASG Security. Thankfully, all employees and employee families are safe, according to Bob Ryan and Ralph Masino of ASG, but many were witnesses to the destruction that occurred May 20.
housesdestroyed.jpg
All touted ASG Connect, ASG's interactive home security panel which it OEMs from 2GIG. ASG provides the “Severe Weather Alert”� service (powered...
Big buy, another new region in store for ASG?
April 3, 2013Martha Entwistle
BELTSVILLE, Md.—Anticipating new acquisition opportunities, ASG Security last week closed a deal to increase its credit facility by $20 million, to $270 million. And it has the opportunity “to increase the facility by another $30 million,” ASG CFO Ralph Masino told Security Systems News.Joe Nuccio, ASG CEO, said ASG “wants to be prepared.”“2013 is different from 2012. The election is over and things are starting to settle down. There are some [acquisition] opportunities...
ASG makes four buys, details sales-force segmentation plan
January 16, 2013Martha Entwistle
BELTSVILLE, Md.—ASG Security announced two “year-end” buys in November but made four more purchases before 2012 ended.Expect the acquisitions to continue apace in 2013, ASG CEO Joe Nuccio told Security Systems News.ASG expects to add another $1 million in RMR, bringing it to $9 million in RMR by the end of 2013. “That's based on our plan and what we have in the hopper today,” Nuccio said.The super-regional bought Sembera Security Systems of Cypress, Texas and Sentry...
For ASG: Another year, another territory
November 28, 2012Martha Entwistle
BELTSVILLE, Md.—ASG Security likes to expand into a new territory every year, and 2012 is no different. The super-regional made two year-end buys, entering Louisiana for the first time and beefing up its presence in North Carolina, ASG CEO Joe Nuccio told Security Systems News.ASG on Nov. 16 acquired USA Fire & Burglar Alarm in New Orleans. The deal brought with it $180,000 in RMR and 35 employees. ASG also bought RSH Protection Inc. in Charlotte, N.C. That deal brought $70,000 in RMR.Nuccio...
ASG ups credit facility to $250m
April 25, 2012Martha Entwistle
BELTSVILLE, Md.—ASG Security now has a quarter of a billion dollars on hand, thanks to a recent $20 million extension of its previous $230 million credit facility, the company announced April 25.ASG closed that $230 million facility just over a year, in January 2011. Why add to it now?“The capital is available and terms are very favorable,” ASG CFO Ralph Masino told Security Systems News. “We didn't need the additional capacity today, but it gives us ample dry powder to...