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Central Security Group

Richard Ginsburg named CEO of Central Security Group

Former Protection 1 CEO will take CSG national
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07/08/2014

TULSA, Okla.—Super-regional security company Central Security Group today named Richard Ginsburg as CEO. Ginsburg, who as CEO of Protection 1 grew it into one of the top three security companies in the country from 2001 to 2010, said he wants to grow CSG into a “significantly larger company.”

Tornado spares CSG office in Oklahoma City

Branch manager’s daughter, top-five dealer lose homes in storm
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05/21/2013

TULSA, Okla.—Monday’s devastating tornado spared Central Security Group’s office in Oklahoma City, but the homes of the branch manager’s daughter and a CSG dealer were among the hundreds that were destroyed, CSG’s Glenn Albers told Security Systems News on Tuesday.

CSG acquires SecureNet

Company’s largest deal ever includes 22,000 accounts, new central station
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04/03/2013

TULSA, Okla.—Central Security Group, a full-service security provider based here, has acquired SecureNet Alarm Systems in a deal that brings CSG more than 22,000 accounts, $650,000 in RMR and a new central station.

CSG closes year with three fold-in acquisitions

Company adds mostly residential accounts in three states
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01/30/2013

TULSA, Okla.—Central Security Group closed 2012 with three fold-in acquisitions that have expanded the company’s presence in Oklahoma, Arkansas and California.

CSG acquires Texas-based Lakeshore Alarm

‘Fold-in’ deal brings 1,000 accounts, $25,000 in RMR
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06/27/2012

TULSA, Okla.—Central Security Group has acquired Lakeshore Alarm Service of Texas in a deal that brings CSG more than 1,000 accounts in one of its fastest-growing markets.

CSG acquires Kansas-based SafeLink Security

‘Turnkey’ purchase brings in 1,100 accounts
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02/08/2012

TULSA, Okla.—Central Security Group has acquired SafeLink Security, based outside Kansas City, Kan., in a turnkey deal that brings CSG about 1,100 accounts in four states.

Tulsa’s Controller Security sells accounts to Guardian

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01/18/2012

TULSA, Okla.—Guardian Security Systems has purchased the accounts of Tulsa’s Controller Security in a deal that will maintain local alarm monitoring for the subscribers.

Guardian Security expands dominance in Tulsa

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Thursday, October 27, 2011

Here’s a tidbit about Guardian Security Systems, located in Tulsa, Okla. It just bought a block of accounts from another Tulsa company, NEOSAT Alarms, according to an announcement yesterday by the Long Grove, Ill.-based Davis Mergers and Acquisitions Group, which represented NEOSAT in the transaction.

Here’s more from the Oct. 26 release:
 

Mark Garrett, owner of NEOSAT Alarms, stated that he “was very pleased to be able to place his subscribers with a high-quality central station that has a local Tulsa presence.” Glenn Albers, Guardian Security Systems Vice-President Dealer Operations, stated that “Guardian was enthusiastic about the opportunity to add high-quality accounts to further expand their dominance of the Tulsa market.”

Guardian Security is the name under which Central Security Group—one of the nation’s top providers of security alarm monitoring services headquartered in Tulsa—does business in Oklahoma. CSG was acquired by Summit Partners, a Boston-based growth equity investor around this time last year.

Then earlier this year CSG announced it was taking that infusion of new capital and putting it to work to grow the company—by adding new technology and creating a new brand for its dealer program.

 

Central Security: New capital, new growth plans

With a new private equity owner, the company is enhancing its dealer program and adding new technology
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02/17/2011

TULSA, Okla.—In late 2010, Central Security Group got a new owner: a private equity group. Now, this year, CSG is taking that infusion of new capital and putting it to work to grow the company—by adding new technology and creating a new brand for its dealer program.

Industry veteran joins CSG

SSN Staff  - 
02/14/2011

TULSA, Okla.—Central Security Group on Feb. 8 announced Jackie Schmidt as its new director of dealer development.

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