Tag: David Goldstein
Guardian Alarm acquired
March 2, 2017Spencer Ives
SOUTHFIELD, Mich.—Guardian Alarm, a super-regional security company based here, on March 1 was acquired by U.S.-based investment firms Certares LP and Vanwall Holdings LLC.“We've found some great partners that are very familiar in the consumer business, and this is a great platform for them to introduce themselves into the security industry,” David Goldstein, Guardian's newly named CEO, told Security Systems News. Goldstein joined Guardian Alarm as its president in 2009.Goldstein...
Guardian Alarm successfully targets millennials
May 9, 2016Paul Ragusa
SOUTHFIELD, Mich.—Guardian Alarm, a super-regional security company based here, has revamped its website, hired a marketing company, and bolstered its sales team as part of an overall successful strategy in capturing more tech-savvy millennial customers.“Our hits to the new website are way up and the stays, which are even more important, are way up as well, and our Internet sales went way up,” David Goldstein, Guardian Alarm president told Security Systems News.With the reboot,...
Guardian Alarm doubles Florida footprint with buy
December 15, 2015Spencer Ives
SOUTHFIELD, Mich.—Guardian Alarm, a super-regional company based here, has acquired SVI Systems, based in Stuart, Fla., nearly doubling its size in that state.“With the onboarding of SVI, it allows us to continue the market share we have in the West Palm Beach area,” David Goldstein, president of Guardian Alarm, told Security Systems News. Guardian has an office in Lantana, Fla. He said that expanding in Florida is “extremely important” to the company.Guardian is acquiring...
Guardian Alarm acquires in Ohio
April 23, 2014Tess Nacelewicz
SOUTHFIELD, Mich.—Guardian Alarm, a super-regional based here, has strengthened its Ohio presence by acquiring ADS Security Systems, of Concord, Ohio, according to Guardian President David Goldstein.
“It's an acquisition we were extremely excited to get,” Goldstein told Security Systems News. Guardian has an office in Cleveland, but nearby Concord “is an area where we didn't have as strong a presence as we would have liked,” he said.
Now, he said, Guardian...
Acquiring thy neighbor?
July 17, 2013Martha Entwistle
YARMOUTH, Maine—One of the best ways for security companies to build density is to acquire a local competitor, but there also are potential pitfalls when doing business in your backyard, according to five security company executives who have experience with these kinds of transactions.
John Jennings, president of Scottsdale, Ariz.-based Safeguard Security; Pat Egan, president of Lancaster, Pa.-based Select Security; John Loud, president of LOUD Security Systems, based in Kennesaw, Ga.; David...
Guardian Alarm acquires two in Michigan
October 9, 2012Tess Nacelewicz
SOUTHFIELD, Mich.—Guardian Alarm Co., based here, recently added about 3,000 mostly residential accounts and $72,000 in RMR by acquiring two local competitors.Guardian President David Goldstein told Security Systems News that Allstate Alarm Systems, based in Detroit, and Alert Alarm of Royal Oak, Mich., were both small companies, “but certainly ones that we were excited to have.”He said the companies were already in Guardian's footprint. “That's the beauty of the [acquisitions]—we...
Guardian buys American Alarm
January 18, 2012Martha Entwistle
SOUTHFIELD, Mich.—In a deal that brings with it 5,000 accounts and $130,000 of RMR, Guardian Alarm, which is based here, has acquired Cleveland-based American Alarm.“We bought the alarm business from Ron Baxter, who owns a bunch of companies,” David Goldstein, president of Guardian Alarm, told Security Systems News.The deal included alarm accounts (70 percent residential) in northeast Ohio and Columbus, vehicles and three technicians. It also included “two to three”...
Telco sheds alarm business
July 21, 2011Martha Entwistle
SOUTHFIELD, Mich.—At a time when many telcos are jumping into home security, Cincinnati Bell has decided to shed its home security business, though it will continue to have a cooperative marketing agreement with the buyer, Guardian Alarm Company, a super-regional security company based here.
Guardian paid $11.5 million for Cincinnati Bell's alarm business, which included 15,000 accounts and 15 employees, Guardian president David Goldstein told Security Systems News.
“We're now in Cincinnati...
Guardian Alarm acquires 2,600 accounts
September 22, 2010Daniel Gelinas
SOUTHFIELD, Mich.—Guardian Alarm has acquired the accounts of five security firms spread between Michigan and Florida, adding a 70/30 resi/commercial mix of 2,600 monitored accounts to its portfolio. Company president David Goldstein said the acquisition “was the perfect fit for the blend of business Guardian believes in.”
“This really gives us an opportunity to grow even larger in the Lansing area where we already have a strong foothold,” Goldstein said. “We're...