National Guardian Corporation moves into St. Louis with acquisition of Eagle Security
Long Grove, IL, December 12, 2006 — National Guardian Corporation of Greenwich, CT, has continued its rapid expansion throughout the United States with a platform acquisition in the St. Louis, Mo. area, with the acquisition of Eagle Security, Inc., headed up by Bob Levy. The acquisition adds over 1,600 accounts owned by Eagle Security and another 6,000 accounts monitored by the company, to National Guardian's portfolio.
Bob Levy, former owner of the company, will remain as General Manager of the operations in the St. Louis area. Davis Marketing Group, representing Eagle Security, was the intermediary on the transaction, and helped bring the parties together. Commenting on the transaction, President and CEO of National Guardian, George Flagg, had this to say: “It's always an exciting opportunity to open up a new market, but this one is even more interesting because of the quality and presence that Bob Levy and Eagle Security has in the market. We are delighted to have Bob and his team join the National Guardian family”. Commenting on the sale of his company, Levy had this to say: “We've been looking for the right company to partner with. National Guardian certainly is one of the best in the country, and absolutely the best fit for us. I'm delighted to be associated with George and his team, and look forward to a long and mutually rewarding business relationship”.
Commenting on the transaction was Ron Davis , who brought the two parties together: “My job is always so much easier when both the buyer and the seller make a perfect fit, and come together naturally. George and Bob are a great team, and with National Guardian's additional resources, should be able to expand the company's presence in the marketplace, dramatically. I'm thrilled for both of them”. The transaction closed on December 12, 2006.
For further information contact:
Davis Marketing Group
Phone: (847) 955-2345