SDM Magazine, October, 2010
Pelican Security, Sonitrol of Lexington & Guardian Alarm Acquire Local Companies
Alarm & Security Technologies Inc., Covington, LA, was acquired by The Pelican Security Network, Baton Rouge, LA. Timothy Joubert, founder, owner and president of Alarm & Securiy Technologies Inc. will be retiring, but his staff will remain.
Joubert said about the acquisition, "Through the affiliation with The Pelican Security Network, we will be able to continue to provide a wider range of capabilities often available only through large, national companies."
Sonitrol of Lexington Inc., Lexington, KY, acquired Safety Services Inc, will join Sonitrol of Lexington in sales and technical capacities.
TAS Telephone Alarm Systems Inc. in Lansing, Mich. was acquired by Guardian Alarm, headquartered in Southfield, Mich. Guardian already has a foothold in Lansing so this tansaction gives the company a sizable boost to is account base. Most of the employees of TAS joined Guardian and will be helping to build brand awareness, as well as the account base.
The three acquisitions were handled by Steve Rubin of Davis Mergers and Acquisitions Group Inc., also known as the Graybeards.
For further information, please contact Ron Davis at 847-955-2345 email@example.com