Tag: Vertex Capital
Pye-Barker acquires Fresno fire sprinkler servicer MS Fire Protection
October 29, 2024SSN Staff
ATLANTA—Pye-Barker Fire & Safety has announced the acquisition of MS Fire Protection, an end-to-end fire sprinkler services company for commercial and industrial customers.
Based in Fresno, Calif., MS Fire Protection provides a valuable launch point for Pye-Barker's fire sprinkler operations in the Central Valley region, where Pye-Barker already services customers with 24/7 fire and security alarm monitoring and detection.
Founded by Richard Sever, Sr., and now owned by...
AvantGuard acquires Armstrong’s National Monitoring Centers
October 11, 2022SSN Staff
OGDEN, Utah – AvantGuard, a professional monitoring solutions provider, has announced the acquisition of Canadian based Armstrong’s National Alarm Monitoring.
The move also sees AvantGuard pick up Armstrong’s monitoring centers and officers in Dartmouth, Montreal, Edmonton, and Moncton. The acquisition now gives AvantGuard eight different monitoring centers spread across the United States and Canada.
"We are excited to add Armstrong's people and locations...
Central Station Monitoring acquires Alarm Central
November 12, 2019Paul Ragusa
ESTACADA, Ore.—Central Station Monitoring (CSM), a full-service intrusion and fire alarm central station based here, recently acquired Alarm Central based in Beaverton, nearly doubling the number of accounts being monitored at its central station.“It is exciting to almost double in size with this deal, and the additional revenues will give us the opportunity of expanding overall at some point,” Robbin Cleveland, general manager, Central Station Monitoring (CSM), told Security Systems...
News Poll: M&A activity stays strong in 2019
October 30, 2019Paul Ragusa
YARMOUTH, Maine—Over the last few years, Security Systems News has covered hundreds of mergers and acquisitions, and it seems M&A in the security industry is still as hot as ever. In this month's News Poll we asked our readers for their thoughts about M&A in our industry.When comparing 2019 to 2018, more than half (54 percent) said M&A activity was about the same, with 31 percent saying they felt like there was more activity this year, and 15 percent saying there was less activity this year.“The...
General Security acquires New York Merchants Protective
February 13, 2017Spencer Ives
PLAINVIEW, N.Y.—General Security, a full-service security company based here, recently acquired New York Merchants Protective Co., based out of New York City, adding 3,500 accounts.“We were interested in doing a little more business in Manhattan and [the acquisition] certainly did that. It opened up a new group of customers to us,” Peter Allen, general manager for General Security, told Security Systems News. The acqusition closed Nov. 3, 2016, he said.“We divested of our...
Now may be the time to sell the company
November 2, 2015Spencer Ives
SCOTTSDALE, Ariz.—The financial environment for selling a security company is good and stable right now, according to Barry Epstein, president of Vertex Capital.
According to Epstein, there's “More money chasing the sellers than there are sellers out there. Why? Private equity.” He does not foresee private equity groups withdrawing interest in the near future.
Epstein presented “Timing Your Exit: An Update on Multiples and the Multiple Threats to Your Account Base”...
Finance virtual roundtable: The most interesting deals of 2013 and predictions for 2014
December 30, 2013Martha Entwistle
Every January, Security Systems News asks security finance experts to share their opinions on deals done, valuations sought and won, and prospects for buyers and sellers in the coming year. This year, the following experts participated in a virtual roundtable discussion: Jennifer Holloway, managing director, Security Industry Group, at The PrivateBank and Trust Company, a Chicago-based commercial bank and wealth management institution with a national specialty lending group dedicated solely to the...
Henry Edmonds presents on PERS valuations
October 9, 2013Leif Kothe
As I encounter new theories and projections about PERS valuations, I continue to find a refreshing lack of consensus among the experts. That's not to say there aren't areas of agreement. There are. Those watching the market often cite similar determinants of valuation, such as attrition rates, cash flow and the costs of creating new accounts. But experts seldom invest the same metrics with equal importance.
For example, Barry Epstein, president of Dallas-based Vertex Capital, believes reducing...
PERS company valuations predicted to rise
September 25, 2013Leif Kothe
PARK CITY, Utah—Fresh off moderating a PERS Summit panel, Barry Epstein, president of Dallas-based Vertex Capital, expects the PERS acquisition market to heat up as valuations climb.�
“The market will continue to grow as new entrants come into the market seeking recurring revenue companies,” Epstein told Security Systems News. “Valuations will move upward as churn is decreased and the average life of the account lengthens.”
Epstein moderated a panel discussion...
PERS: What we know, what we don't
September 18, 2013Leif Kothe
The projected expansion of the PERS market will be fueled by several realities playing in its favor. First and foremost, the demographics, highlighted by an aging baby boomer population, are compatible with growth in the PERS space. Similarly, PERS devices make seniors better equipped to remain in their homes and possibly reap considerable cost savings. The market is relatively resilient. The technology is simple. One of the biggest barriers to entry may be tapping into the right marketing channel,...