Amherst scoops up Adelphia's Buffalo business
AMHERST, N.Y.--Amherst Alarm picked up 2,500 new customers in the Upstate New York region thanks to its purchase of the former Adelphia Security Buffalo office from Devcon Security Services.
The decision by Devcon to sell the Buffalo business comes three months after it bought Adelphia's security business for $42.8 million in bankruptcy proceedings. That deal included 57,000 residential and commercial security customers, with a majority of those customers concentrated in the Florida market.
According to Tim Creenan, chief executive officer of Amherst Alarm, his company was the only bidder for the 2,500 accounts. He plans to retain the former Adelphia Security employees and hire up to five new employees before the end of this year.
With those newly acquired accounts, Amherst Alarm serves 14,500 customers. The company's most recent acquisition of 500 accounts from Boston, N.Y.-based Dotzler Security also gave the company additional presence in western New York.