The AÃ¢â‚¬â„¢s have it
February 10, 2005
WORCESTER, Mass. - American Alarm & Communications expanded its reach in the Worcester suburbs, buying Argus Alarm, a small company that has been in business since the early 1970s.
The transaction is a strategic move for the company, providing it with a sizeable piece of business in this area. It also complements American AlarmÃ¢â‚¬â„¢s acquisition of Alphatronics Security of Worcester, the July 2003 deal that added an office in central Massachusetts and increased American AlarmÃ¢â‚¬â„¢s business by 15 percent.Ã‚Â
Thanks to buying Argus Alarm, American Alarm gains former owner Kenneth Gorczynski, who will remain onboard in a sales capacity, and technician Roger Bohn, who worked for Argus Alarm for 18 years. GorczynskiÃ¢â‚¬â„¢s wife, Kristine, who handled bookkeeping and administration, will retire.
According to officials at American Alarm, Argus AlarmÃ¢â‚¬â„¢s customers will now be monitored through its Arlington, Mass.-based central station. The company serves more than 16,000 commercial and residential customers and reports annual sales of approximately $10 million.