MidCo Acquired by FE Moran
Davis Group assists in sale of company
April 8, 2019, Long Grove, IL — Ron Davis, President of Davis Mergers & Acquisitons Group, today announced that MidCo Inc. of Burr Ridge, IL, has been acquired by FE Moran Security Solutions of Champaign, IL.
Paul Janik, MidCo President, described how the sale benefits both companies. “Our companies are uniquely positioned to provide customers with the most comprehensive set of security, communication, network and life safety solutions available. FE Moran shares the vision, mission and values of the 60-year history of MidCo. There could be no better partner for either one of our companies, our customers and our employees.”
“As the convergence of physical and network security continues at a rapid pace, we are committed to providing end-to-end solutions to our clients,” said Brett Bean, FE Moran Security Solutions’ CEO. “The addition of the MidCo team increases our capabilities going forward. I look forward to working with Paul and his team to continue the unsurpassed service MidCo customers have come to expect.”
MidCo employees will continue to operate from offices in Burr Ridge and Bloomington, IL.
The transaction was assisted by Steve Rubin and Ron Davis of Davis Mergers Acquisitions Group.
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About MidCo, Inc.
Since 1960, MidCo has built a stellar reputation for supplying telephone and security systems and their related services to meet the needs of a wide variety of businesses in the Upper Midwest. MidCo specialists provide the knowledge vital to the integration of these systems with related applications and products to help businesses deal with rapid changes in technology.
About FE Moran
Founded in 2003 by Brett Bean, F.E. Moran Security Solutions is one of the fastest growing independent security and network technology companies in the United States, The Company is ranked no. 34 on the SDM 100 and employs 163 full-time employees. The Company boasts a prestigious UL Listed, FM Approved and Five Diamond Certified Central Monitoring Station.
About Davis Mergers & Acquisions Group
DMAG, aka the "Graybeards," assists in the sale of alarm companies throughout North America. Principals of the Company are widely known and respected throughout the industry based in large part on nearly four decades of participation as keynote speakers and presenters at industry seminars, tradeshows and association events.
For further information, please contact Ron Davis, President, Davis Mergers & Acquisitions Group, at 847-955-2345. Email Ron at firstname.lastname@example.org.