Per Mar expands with Feel Safe purchase
By SSN Staff
Updated Sun February 1, 2004
DAVENPORT, Iowa - Alarm and security guard provider Per Mar added to its presence in the Des Moines market in December when it picked up the accounts of alarm company Feel Safe Security.
Based here, Feel Safe added less than 500 accounts to Per Mar’s portfolio, but was a solid addition to the company, according to Bill Jackson, president of Per Mar.
“We had an existing office there with guard and electronic security, so it was a really good fit from that standpoint,†Jackson said.
The addition of the accounts from Feel Safe, a company that had been operating in the area for the past six years, brings Per Mar’s account base to 2,500 customers in Des Moines, where the company employs about 170 people. Per Mar monitors more than 32,000 accounts in its five-state coverage area.
Per Mar has completed about 50 acquisitions over the past two decades, with the majority of them small, tuck-in acquisitions such as Feel Safe, Jackson said.
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