Tag: Barry Epstein
Pye-Barker Fire & Safety acquires Seacoast Security
December 19, 2024SSN Staff
ATLANTA—Pye-Barker Fire & Safety has announced the acquisition of Seacoast Security, a Northeast provider of security systems, fire alarms and video surveillance with eight locations in Maine, New Hampshire and Vermont.
These locations will be Pye-Barker's first in these three states, marking important milestones for the company. By partnering with values-aligned organizations like Seacoast, Pye-Barker is in nearly every continental state.
Since 1976, under the...
Pye-Barker acquires Fresno fire sprinkler servicer MS Fire Protection
October 29, 2024SSN Staff
ATLANTA—Pye-Barker Fire & Safety has announced the acquisition of MS Fire Protection, an end-to-end fire sprinkler services company for commercial and industrial customers.
Based in Fresno, Calif., MS Fire Protection provides a valuable launch point for Pye-Barker's fire sprinkler operations in the Central Valley region, where Pye-Barker already services customers with 24/7 fire and security alarm monitoring and detection.
Founded by Richard Sever, Sr., and now owned by...
Pye-Barker Fire & Safety acquires Shiver Security Systems, surpasses 150 locations
March 15, 2023SSN Staff
ATLANTA – Pye-Barker Fire & Safety has hit a milestone with the acquisition of Shiver Security Systems, expanding into Ohio and exceeding 150 locations.
The addition of the company gives Pye-Barker its 150th and 151st locations in southwestern Ohio and northern Kentucky. In a release on the acquisition Pye-Barker said that these milestones represent the company’s aggressive acquisition activity and geographic growth as the company moves into its 34th state.
"I...
AvantGuard acquires Armstrong’s National Monitoring Centers
October 11, 2022SSN Staff
OGDEN, Utah – AvantGuard, a professional monitoring solutions provider, has announced the acquisition of Canadian based Armstrong’s National Alarm Monitoring.
The move also sees AvantGuard pick up Armstrong’s monitoring centers and officers in Dartmouth, Montreal, Edmonton, and Moncton. The acquisition now gives AvantGuard eight different monitoring centers spread across the United States and Canada.
"We are excited to add Armstrong's people and locations...
Central Station Monitoring acquires Alarm Central
November 12, 2019Paul Ragusa
ESTACADA, Ore.—Central Station Monitoring (CSM), a full-service intrusion and fire alarm central station based here, recently acquired Alarm Central based in Beaverton, nearly doubling the number of accounts being monitored at its central station.“It is exciting to almost double in size with this deal, and the additional revenues will give us the opportunity of expanding overall at some point,” Robbin Cleveland, general manager, Central Station Monitoring (CSM), told Security Systems...
News Poll: M&A activity stays strong in 2019
October 30, 2019Paul Ragusa
YARMOUTH, Maine—Over the last few years, Security Systems News has covered hundreds of mergers and acquisitions, and it seems M&A in the security industry is still as hot as ever. In this month's News Poll we asked our readers for their thoughts about M&A in our industry.When comparing 2019 to 2018, more than half (54 percent) said M&A activity was about the same, with 31 percent saying they felt like there was more activity this year, and 15 percent saying there was less activity this year.“The...
General Security acquires New York Merchants Protective
February 13, 2017Spencer Ives
PLAINVIEW, N.Y.—General Security, a full-service security company based here, recently acquired New York Merchants Protective Co., based out of New York City, adding 3,500 accounts.“We were interested in doing a little more business in Manhattan and [the acquisition] certainly did that. It opened up a new group of customers to us,” Peter Allen, general manager for General Security, told Security Systems News. The acqusition closed Nov. 3, 2016, he said.“We divested of our...
Now may be the time to sell the company
November 2, 2015Spencer Ives
SCOTTSDALE, Ariz.—The financial environment for selling a security company is good and stable right now, according to Barry Epstein, president of Vertex Capital.
According to Epstein, there's “More money chasing the sellers than there are sellers out there. Why? Private equity.” He does not foresee private equity groups withdrawing interest in the near future.
Epstein presented “Timing Your Exit: An Update on Multiples and the Multiple Threats to Your Account Base”...
Per Mar gains resi clients
October 7, 2015Amy Canfield
DAVENPORT, Iowa—Super-regional Per Mar Security Services has acquired 2,000 accounts with its purchase of Northern Safety and Security of Bemidji, Minn.Ninety percent of those accounts are residential, Brian Duffy, president of Per Mar's security services electronic division, told Security Systems News.Per Mar, a family-owned company started by Duffy's grandparents in 1953, will fully take over those accounts and service them, he said. The company has a UL-certified central alarm station based...
Finance virtual roundtable: The most interesting deals of 2013 and predictions for 2014
December 30, 2013Martha Entwistle
Every January, Security Systems News asks security finance experts to share their opinions on deals done, valuations sought and won, and prospects for buyers and sellers in the coming year. This year, the following experts participated in a virtual roundtable discussion: Jennifer Holloway, managing director, Security Industry Group, at The PrivateBank and Trust Company, a Chicago-based commercial bank and wealth management institution with a national specialty lending group dedicated solely to the...