Tag: Bates Security

YARMOUTH, Maine—Danny Goodpaster, 39, is the vice president of sales at Bates Security, a locally owned and operated commercial and residential security company based out of Lexington, Ky. Find out what inspired him to pursue a career in the security industry, what being a "40 under 40" winner means to him, what appeals to him about the security industry, and more.  SSN: Describe your roles, duties, and tenure at your current job.  GOODPASTER: I started with Bates...

YARMOUTH, Maine—Cindy Ponder truly enjoys her role as vice president of operations at Bates Security. “I tell my company president, ‘I love my job every day,’” she told SSN. “On the challenging days, I tell him, ‘It’s a good thing I love my job.’” Bates Security is a locally owned and operated commercial and residential security company based out of Lexington, Ky. Ponder noted that her advancement within the company has coincided with...

LEXINGTON, Ky. – Bates Security has acquired the Jacksonville, Fla.-based Performance Security, the company announced. This acquisition marks Bates’ third in recent months. The company said that adding Performance Security to its portfolio will further strengthen its presence in the Jacksonville and Greater Northeast Florida market. “Through my 35 years of providing service to my family of customers, relationships have been formed. But it is time for me to retire and...

MIAMI ­– Nonprofit charitable organization Mission 500, serving the needs of children and communities across the U.S., has teamed up with Bates Security to assist flood victims in Kentucky. The pair worked to acquire and ship more than $200,000 in vital supplies in support of the families affected by severe flooding in the eastern part of the state and are working to provide them with food, water, baby wipes, socks, hand sanitizer, and other valuable necessities. Items...

LEXINGTON, Ky.—Bates Security LLC, a commercial and residential security company based here with branches in Prestonsburg, Ky., and Jacksonville, Fla., announced the recent acquisition of HITEC Security of Pikeville, Ky. The deal adds more than 600 accounts to its customer base in Prestonsburg, where Bates does business under the ABCO Security name.Bates Security president Jeremy Bates told Security Systems News that he met HITEC Security company owner Tommy Kidd at ISC West, and realized they...

Earlier this year, Bates Security, headquartered in Lexington, Ky., acquired ABCO Security, which is based in Eastern Kentucky. Now, ABCO Security is refreshing its brand with the same name. Jeremy Bates, company president, talked with Security Systems News about the rebrand and what it means for both companies. “The whole � intent was to keep ABCO as its own separate business down there—support them as much as we could from the corporate office, but we wanted to maintain their brand...

LEXINGTON, Ky.—Bates Security, a commercial and residential security company based here with a branch in Florida, announced this week the recent acquisition of Eastern Kentucky-based ABCO Security from company founder Robert Welch.�This is Bates Security's first acquisition following the $10 million credit facility it secured at the end of October from Capital One. With the acquisition, Bates Security will be adding more than 1,650 customers to its customer base.Jeremy Bates, president of Bates...

LEXINGTON, Ky.—Capital One provided a five-year $10 million senior revolving line of credit to Bates Security and Sonitrol of Lexington, the financial institution announced yesterday.“We are simply positioning ourselves for � continued aggressive growth,” Jeremy Bates, company president, told Security Systems News. Seventy percent of Bates Security's revenue is from commercial and 30 percent is from residential, Bates said; additionally its customer based is currently 58 percent...

LEXINGTON, Ky.—Bates Security, an alarm company based here and focused on central and northern Kentucky, opened a new branch in Jacksonville, Fla.“We had a strong desire to have another location, another branch,” Jeremy Bates, company president, told Security Systems News. “We have built a very successful company in Lexington and central Kentucky, and like any business, we have a strong desire for growth, and one of the ways to grow is geographically.”Bates Security...

Jeremy Bates has grown up in the industry, and now serves as the president of family-owned Bates Security/Sonitrol of Lexington. “I have done everything; started out [as] the weekend janitor, all the way up through customer service and sales, central station operator, admin-type work, and been running the company the last 10 or so years,” he said. Security Systems News got to talk with him about his new system.What kind of system do you have?It is the Lyric [from] Honeywell; its their...