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Select Security

Select Security acquires three companies

Expansion includes new hires to help support growth
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10/19/2016

LANCASTER, Pa.—Select Security, a super regional security company based here, recently completed the purchase of Owensboro, Ky.-based Level 5 Systems, Myrtle Beach, S.C.-based Sea Dog Security, and Charlotte, N.C.-based Guardian Systems, adding three new branch offices, and expanding into the North and South Carolina markets. The three deals add approximately 2,000 new accounts for Select Security.

Select Security expands into Virginia

Egan says Select is ‘just getting started’ with purchase of 5 Star Security
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07/27/2016

LANCASTER, Pa.—Just one month after securing a $55 million credit facility with Goldman Sachs, Select Security, a super-regional security company based here, has acquired 5 Star Security, a Bluemont, Va.-based high-end residential company.

Five Questions: Bob Grove

 - 
07/01/2016

Select Security recently named Bob Grove as its new director of field operations and training. Grove first joined Select Security in 2003 as an installation technician and quickly rose through the ranks, most recently serving as the technical training manager. In addition to ensuring training across the enterprise, Grove now oversees more than 60 technicians and managers of the operations team. Security Systems News caught up with Grove and asked him five questions.

Select Security closes on $55m credit facility with Goldman Sachs

Egan: Funds to be used for acquisitions, launch of DIY product with Mace
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06/22/2016

LANCASTER, Pa.—Select Security, a super regional security company based here, received a $55 million senior credit facility with the Goldman Sachs Specialty Lending Group.

Select Security restructures management

Company positions itself for continued growth this year
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06/21/2016

LANCASTER, Pa.—Select Security, a super-regional based here, announced changes to its senior leadership team, part of a restructuring of the company in preparation for continued growth this year. The company recently reached $1m in RMR, following several years of rapid growth both organically and through acquisition.

Select Security partners with Mace to launch national DIY product

Company finalizing manufacturer choice, executive director to oversee program
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06/16/2016

LANCASTER, Pa.—Select Security, a super-regional based here, is partnering with Mace, best known for its pepper spray, to launch a DIY product nationally in 2016.

Select Security reaches $1m in RMR

Growing company prepares for ‘big announcement’ in DIY Space
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04/05/2016

LANCASTER, Pa.—Select Security, based here, has reached $1 million in RMR following several years of rapid growth both organically and through acquisition. Select Security president Steve Firestone told Security Systems News, “We are getting ready to make a big announcement in the DIY space within the next four- to six weeks.”

Who’s afraid of Google?

Smart resi providers should take Google’s move into home security seriously, but could wind up benefitting from it
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04/01/2015

YARMOUTH, Maine—Google’s venture into home security and automation may turn out to be a very good thing for traditional resi companies, according to providers interviewed by Security Systems News.

Select Security goes to Kentucky and West Virginia with purchase of Secure US and three others

Super-regional expects to hit $1m in RMR by year end
 - 
12/10/2014

LANCASTER, Pa.—Super-regional Select Security moved into two new states—Kentucky and West Virginia—and added about 8,000 new accounts with the acquisition of Secure US of Morgantown, W.Va., and three companies in Kentucky.

Select Security gets $25m-plus in financing

Super regional has big plans for new credit line
 - 
11/05/2014

LANCASTER, Pa.—Select Security, based here, has received a $25 million senior secured facility from Citizens Commercial Banking, a division of Citizens Financial Group, also based here.

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