National Guardian buys two
NORWALK, Conn.--National Guardian, a systems integrator focusing on the multi-location commercial market, announced in January two acquisitions completed in December of last year, which will increase its revenues an estimated 30 to 35 percent. National president George Flagg said that Corporate Security Management and Strong Alarm would combine to assist National Guardian in targeting its core business of nationwide accounts with multiple locations.
"We were fortunate enough," he said, "to find something like Corporate Security Management. That was their exclusive market as well." Flagg cited Borders Books as the type of national account these acquisitions would help him serve, thanks to a new geographic reach.
In total, the Orlando-based CSM and Kansas City-based Strong Alarm will add about 19 employees to National's payroll, getting them near the 100 mark, said Flagg. CSM's office will become National's Florida base of operations. Strong's KC office will become one of National Guardian's branch offices, focusing on sales and service.
Currently, National Guardian services roughly 8,000 locations, 98 percent of them commercial.
The company has seven branches with 20 technicians, some of whom are stationed out of their homes so the company can cover more of the country.