Stanley buys Sonitrol of North Georgia
Naperville, Ill.—Stanley Convergent Security Solutions announced today the purchase of Sonitrol of North Georgia, a Sonitrol franchise since 2004, located in Buford, Ga. According to a press release, the sale includes mostly commercial accounts including property management, banking, education, restaurants, distribution and local government customers being serviced throughout Northern Georgia. Sonitrol of North Georgia was owned by Blackfields of West Georgia, LLC. Terms of the sale were not disclosed.
“The Sonitrol of North Georgia acquisition allows us to increase our market share in Georgia,” said Tony Byerley, President-North America, Stanley Convergent Security Solutions, in a statement. “This acquisition is a natural fit for us since our 2008 acquisition of Sonitrol Corporation for $275 million. The Sonitrol of North Georgia acquisition is a bolt-on that gives us additional Sonitrol presence and makes us even stronger for existing and potential customers in the audio verification market. We’re excited to be adding Sonitrol of North Georgia’s accomplished group of customers to the Stanley family.”
Stanley bought Sonitrol Corp. in July of 2008. There are still more than 90 independently owned franchises that were not part of that acquisition. Stanley acquired Florida and San Antonio franchises earlier this year, and Byerly and Stanley CSS president Brett Bontrager have indicated that Stanley is interested in acquiring more franchises.