Tag: Electralarm Security Systems
American Alarm acquires in Massachusetts
September 14, 2016Spencer Ives
ARLINGTON, Mass.—American Alarm and Communications recently acquired Electralarm Security Systems, adding on 500 accounts. The deal brings American Alarm to about 25,000 accounts total, Lou Sampson, the company's CFO, told Security Systems News.
"We were in discussions for about three or four months earlier in 2016. The discussions began when Paul D'Amato Sr. [Electralarm's founder] reached out to us (through his broker)," Sampson said via email. "Paul had known of American Alarm for years,...