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Altus Fire and Life Safety acquires Crime Intervention Alarm

Altus Fire and Life Safety acquires Crime Intervention Alarm

Altus Fire and Life Safety Acquires Crime Intervention Alarm

NEW YORK – Full-service fire and life safety platform Altus, backed by private equity firm AE Industrial Partners, has announced its acquisition of Crime Intervention Alarm (CIA).

CIA is an installation, monitoring, inspection and service provider for security and surveillance systems, access control and fire systems that operates out of York, PA, and the greater mid-Atlantic region. Altus announced that current CIA President John Lakatosh would remain with them in an active role following the close, citing his 30 years of experience in the security industry.

“The strategic addition of CIA strengthens our services portfolio with a diverse range of critical security and life safety solutions while also expanding our presence into Pennsylvania and deeper into the mid-Atlantic region,” said John Adams, Altus CEO. “The addition of CIA is an important step for us as it provides Altus with the ability to meet the increasing demand arising from our customers seeking security solutions to enhance our current fire safety offerings. We’re delighted to welcome John and CIA to our growing team.”

Established in 1996, CIA is known for serving large commercial and property management groups, and specializes in video and audio surveillance, access control, fire and burglar alarms, and home and business automation as well as metal detectors.

“In Altus and AEI, we’ve found partners who recognize the value of our company’s track record over the past 25 years and who have the industry expertise and resources to support our growth going forward,” said Mr. Lakatosh. “We’re excited to work with them to continue to deliver full-service solutions combined with the highest quality service to meet our customers’ unique and evolving needs.”

Terms of the transaction weren’t disclosed.


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