MIDLAND, Ontario—Huronia Alarm & Fire Security Inc., a full service security company based here, announced on May 10 the largest acquisition in its history, purchasing Peerless Security & Muskoka Fire Protection Services Limited. The deal adds 2,000 accounts to Huronia’s existing base of 6,000 accounts.
“Peerless has been the largest deal we have done to date,” Rob Thorburn, Jr., Huronia’s president and CEO, told Security Systems News. Both companies have a similar account demographic; 60 percent residential and 40 percent commercial. The deal was finalized on March 31, Thorburn said; he declined to release financial terms of the deal.
ORLANDO, Fla.—Fortress Cyber Security seeks to bring cybersecurity into the residential market through its new device, the Fortress UTM—or Unified Threat Management.
The Fortress UTM “Brings cybersecurity, monitoring, [network] intrusion detection, firewall and other capabilities that are usual at the enterprise level to the household and the consumer,” Peter Kassabov, co-founder and chairman of sister company Fortress Information Security, told Security Systems News.
WESTMINSTER, Colo.—PSA Security Network, a global electronic security cooperative, announced this week that it has acquired USAV, a close-knit team of professional audio-visual (ProAV) integrators. USAV’s affiliate CI Edge, a buying group designed to support middle market commercial technology integrators, was also acquired as part of the transaction.
Bill Bozeman, president and CEO of PSA Security Network, told Security Systems News that PSA had been looking closely at growing its presence in the ProAV market for quite some time, with a formal announcement in November 2016.
UNIONTOWN, Ohio—Securitas Electronic Security Inc. (SES) unveiled its new headquarters here on April 21 during a ribbon-cutting ceremony and open house that included more than 100 guests, from community leaders and special dignitaries to business partners and SES customers. SES is part of Securitas, which announced this week the acquisition of an electronic security services company in Mexico from Diebold Nixdorf Inc.
WEST PALM BEACH, Fla.—Security 101, a franchise-model commercial security company based here, recently added a franchise location in Philadelphia, giving the company 37 in total.
DALLAS—At this year’s ISC West 2017, MONI began offering dealers a signing bonus, and the company had “tremendous success” at the show, according to Travis Miller, company director of sales.
PITTSBURGH—Vector Security Inc., an integrator of physical security solutions based here, announced the integration of two of its business divisions—its National Accounts Division (NAD) and its wholly owned subsidiary, Industry Retail Group (IRG)—to form Vector Security Networks.
The new brand will provide a single source solution for managed network services and physical security serving multi-site businesses across North America.
GREENVILLE, S.C.—Priority One Security, a full-service security company based here, has acquired Blue Ridge Security Solutions, a security company based in Anderson, S.C., according to an email to GSA Business Report from William R. Francis, president of Priority One Security, who said more details of the transaction will be released at a later date.
According to the emailed announcement, a monitoring station is included as part of the acquisition and gives Priority One Security “the opportunity to facilitate an even higher standard of customer service,” Francis said in the email. “Priority One Security is excited about the future given the added resources and quality personnel gained from Blue Ridge Security.”
MILPITAS, Calif.—Northland Controls, a rapidly growing global security systems integrator and managed services provider, opened a new headquarters space here on March 24.
Although the company is keeping its existing Fremont, Calif. location, which houses its global security operations center and managed services programs, CEO Pierre Trapanese said that there was a need for additional space to meet the demand.
ST. PETERSBURG, Fla.—Criterion Security, a healthcare, government and corporate security company in the US, has joined forces with Paladin Security, a full-service guarding company and security systems integrator based in Canada, to create a North American super-company—PalAmerican Security.
The marriage between organizations will immediately increase service offerings and company reach across the US nationwide, operating initially in 16 states from coast to coast and growing that reach daily, according to Ashley Cooper, CEO of Paladin Security and PalAmerican Security.
LAS VEGAS—MONI Smart Security, exhibiting at ISC West under its new name, expects discussions on new programs and partnerships at the show this year.
MONI Smart Security COO Bruce Mungiguerra spoke with Security Systems News about the company’s expectations for ISC West. “We’ll actually be spending some time at ISC talking about what we’ve been doing around the brand, what we’ve been doing around improving the level of service we can provide as an organization,” he said.
DETROIT—Huron Capital, an operationally focused private equity firm based here, announced its fire detection and security services platform, Sciens Building Solutions, has acquired W.W. Gay Fire & Integrated Systems Inc., a Jacksonville, Fla.-based company that has been in business for 42 years. Sciens acquired its first company, WSA Systems of Boca Raton, Fla., in September of 2016.
In 2015, Huron Capital formed Sciens in partnership with former Siemens executive, Terry Heath, to pursue a buy-and-build investment strategy in the fire detection and security services sector.
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