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.
ROCHESTER, N.Y.—Doyle Security Systems Inc., a regional provider of residential and commercial security, fire and medical monitoring systems based here, has acquired the accounts of Lock-Tight Alarm, Inc., a privately held residentially focused company founded in Hilton, N.Y. in 2002.
President and CEO John G. Doyle Jr. said that the company has worked with Lock-Tight owners, Bill Zachary and Michael Colletti, for many years to provide monitoring services for their customers.
ALBANY, Ga.—Invision Technologies, a regional integrator providing telephone, IT networking and security services, has acquired Safe Security Inc., a mostly residential company that has been in business since 2000. Both companies are based here.
Safe Security had retained Steve Rubin and Ron Davis of Davis Mergers & Acquisitions Group to assist in the transaction, which was completed on Feb. 28 at Invision’s office here.
AUSTIN, Texas—Protect America, a DIY security company supported by a UL-listed wholesale monitoring center, has announced a new investment.
“[The investment’s] purposes are to fund growth—subscriber growth as well as product road map—and really building an emphasis on customer experience in everything that we do as a company,” Jared Miller, the company’s chief commercial officer, told Security Systems News.
The company announced the investment in early February. The investment’s exact total and the financial partner were not released.
SALEM, N.H.—East Coast Integrated Systems, formerly known as East Coast Fire and Security, is in the midst of a rebranding as the company renews its focus on commercial and enterprise customers.
DALLAS and OKLAHOMA CITY—Entech Sales and Service Inc., based here, announced the acquisition of Oklahoma City-based Logical Building Solutions Inc. (LBS). Entech will merge all assets and operations of LBS into its existing business structure, and Entech’s new Oklahoma City office will operate under the name Logical Building Systems.
LBS currently provides installation and service of commercial temperature control and security systems in the state of Oklahoma, and the acquisition will give Entech a key presence in the Oklahoma market, according to Entech VP Nick J. Kollasch.
BOCA RATON, Fla.—Red Hawk Fire & Security LLC, a leader in fire, life safety and electronic security services based here, acquired two companies within a week, expanding its geographic footprint and capabilities in key areas of Florida and the mid-Atlantic region. Terms of both transactions were not disclosed.
On Jan. 31, Red Hawk acquired Integrated Systems of Florida, strengthening the company’s existing fire, life safety and integrated security services operations in Central and North Florida.
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.
BURNABY, British Columbia—Paladin Security, a full-service guarding company and security systems integrator based here, on Feb. 1 merged with two integration companies in Canada—Marcomm Systems Group Inc. (MSGI) and CONTAVA Inc.—creating one of the largest system integration companies in the country. Both deals are shared purchase agreements.
Although Paladin has a very strong presence on the guarding side, over the last few years the company has really started to grow aggressively on the electronic security side, according to Ted Reid, president & CFO of Paladin Security Systems Ltd.
LAS VEGAS—At this year’s Consumer Electronics Show, the smart home became more refined, according to IHS, presenting more use cases to dealers and consumers.
Blake Kozak, IHS’ principal analyst for smart home and security technology, told Security Systems News that this year’s CES built off of previous years’ announcements and technologies. “Maybe last year, and the year before, you’d see these providers coming out with thermostats and things like that. … But now, you’re seeing those thermostats being integrated into more platforms and there’s more use cases.”