Westec grows QSR market
DALLAS--Westec Intelligent Surveillance, a provider of remote video monitoring services based here, announced May 4 the acquisition of Atlanta-based Vyne Industries, a video surveillance equipment supplier focused on the quick service restaurant, or QSR, market. The acquisition marks another victory for Westec which received $20 million in growth funding in February from Argonaut Private Equity and Egis Capital Partners (search “Westec secures $20m” at www.securitysystemsnews.com).
Westec will now be the only nationally approved surveillance vendor serving both Burger King and McDonald’s, among several other leading QSR brands. The acquisition gives Westec additional capabilities to serve QSRs owned and operated by franchisees, and complements Westec’s strength of serving corporate locations for leading brands including Jack in the Box, Dairy Queen, Chick-fil-A, and Hardee’s.
Westec president and CEO Kelby Hagar said the acquisition benefits both Westec and existing Vyne customers. “Vyne was one of the leaders in the quick service restaurant space for video systems, and we provide for a large number of customers for that space as well, so by combining the two organizations, we’ve become the leader,” Hagar said. “We can provide interactive services including video verification services, voice down services, and video escorts.”
Voicing down allows Westec monitors to interact with potential troublemakers at monitored locations to proactively preclude police dispatch. “We get very, very quick response times from the authorities, but much more importantly than that, we eliminate about 90 percent of those cases without having to notify the police at all.”