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John Lombardi and CIA Security Complete Acquisition of APA Security

Long Grove, IL, October 26, 2006 — In a rapid response to an unusually good opportunity, CIA Security's President, John Lombardi, concluded the acquisition of Apa Security, headed by Ralph Apa. Both principals, Lombardi and Apa, are long time veterans of the alarm industry, and were direct competitors in the Hudson Valley area, which includes Poughkeepsie , New York .

When alerted to the potential of an opportunity, Lombardi quickly concluded the transaction from beginning to end, in less than 8 weeks. Commenting on the transaction, Lombardi said: “When a good opportunity presents itself, it's incumbent upon any executive to act rapidly and decisively. I did that.”

Commenting on the sale of his company, Ralph Apa had this to say: “Susan and I felt that the time was right to pursue other interests after having spent 30 years in the alarm industry. We retained Davis Marketing Group to help us search out the best opportunity. They presented it to Lombardi, and we concluded in 8 weeks. John is happy, I'm thrilled and it certainly gives John one of the largest companies in the Hudson Valley area.”

The acquisition was handled by Ron Davis , Managing Partner of Davis Marketing Group, representing the sellers, Ralph and Susan Apa. Ron had this to say about the transaction: “When an opportunity to acquire 2,200 accounts presents itself, it is unusual. In this case, John Lombardi recognized it, recognized the quality of the accounts that Apa had worked over 30 years to collect and acted immediately. I'm thrilled for John and his growth and wish Ralph and Susan Apa well in their pursuit of a new life outside of the alarm industry.”

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Email: info@graybeardsrus.co

 


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