Select Security acquires
LANCASTER, Pa. - Select Security announced on March 7 that it has acquired the assets of SecurityNet, a security provider based in Hazleton, Pa.
Select Security obtained the entire base of SecurityNetÃ¢â‚¬â„¢s residential and commercial customers and will monitor all of the companyÃ¢â‚¬â„¢s alarm systems, according to a statement released by the company. The same statement said that Select Security will retain SecurityNetÃ¢â‚¬â„¢s employees as well.
Select Security also announced that it had completed renovations to its new offices in downtown Lancaster and had relocated to the building in October 2007. The $3 million purchase and renovation included the addition of a 1,000 AMP electrical service, twin 150KW generators connected to a 600AMP transfer system, an elevator and sprinkler system, and over 30 tons air conditioning, according to Patrick Egan, president of Select Security.