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Bates Security acquires ABCO Security

February 21, 2018Paul Ragusa

LEXINGTON, Ky.—Bates Security, a commercial and residential security company based here with a branch in Florida, announced this week the recent acquisition of Eastern Kentucky-based ABCO Security from company founder Robert Welch. This is Bates Security's first acquisition following the $10 million credit facility it secured at the end of October from Capital One. With the acquisition, Bates Security will be adding more than 1,650 customers to its customer base.Jeremy Bates, president of...

ABCO Security, Bates Security, Jeremy Bates, Robert Welch, Tim Welch