Hackett buys Secure Tech

And Hackett continues to 'chum the water' for more buys
Monday, June 1, 2009

ST. LOUIS, Mo.--Hackett Security, a security system installer based here, announced in April the acquisition of Secure Tech, based in Jackson, Mo. Secure Tech is a full-service security firm specializing in the sales of security and fire alarm systems, card access systems, closed circuit video systems, intercom/sound systems and related products.

The acquisition will enable Hackett to expand its customer base throughout Southeast Missouri, said Michael Hackett, CEO and president.

Hackett said the area is strategically important not because it’s the boyhood home of Rush Limbaugh (which it is), but because of the highway route from St. Louis to Memphis, which has led to a growing number of large distribution centers that represent good business opportunities.

Secure Tech founder Brian Mouser will stay on, as will the company’s four employees. “We’ve had good feedback from the customers already,” Hackett said of the new workforce. “They’ve traditionally been more into burg and fire, and with our strength in video we think it will be great for their customers and for ours.”

Hackett last acquired in the fall of 2007, buying badging integrator P&L Products, and Hackett said “that’s done very well for us, especially in the schools. We get in there with door access, then maybe get the burg alarm as well.” That successful record also has Hackett eyeing further expansion.

“We’re chumming the water looking to make another purchase,” Hackett said, as his company is growing “even though the economy is spinning downward in some markets.”

Does the economy mean there are deals to be had? “It’s a good time to grow,” he agreed, “but any time is good if you have the ability to look for a quality company that wants to take their company to the next level. That’s what we look for.”