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Tag: Mike Proudfit


Residential

Titan Alarm finishes year strong with third acquisition

January 11, 2017Paul Ragusa, Editor

PHOENIX—Titan Alarm, a security, access, fire and surveillance company based here, made its third acquisition of 2016, finishing the year strong with the purchase of accounts and RMR of Arrow Security Design LLC, a Scottsdale, Ariz.-based company owned and operated by Ray Millazo, who is retiring after more than 30 years in the industry.Although the deal closed on Sept. 30th, 2016, the acquisition wasn't announced until December. Financial details were not disclosed.Titan CEO Mike Proudfit...

Arrow Security Design, Mike Proudfit, Titan Alarm


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Titan Alarm acquires again

August 3, 2016Paul Ragusa, Editor

PHOENIX—Titan Alarm, a security, access, fire and surveillance company based here, made its second acquisition of the year with the purchase of 440 accounts from Giant Security Systems, Inc., also based here.Titan CEO Mike Proudfit told Security Systems News discussions with Giant Security Systems owner Nick Pugliese began last year.“I knew after meeting him, and the integrity and character that he displayed while getting to know him over the course of the past year, that he would have...

Giant Security, Mike Proudfit, Titan Alarm


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Titan Alarm secures $5m credit line, makes first acquisition of 2016

March 23, 2016Paul Ragusa, Editor

PHOENIX—After closing on a $5 million line of credit with The PrivateBank, Titan Alarm bought one company and plans to buy another before the end of the month.In its first acquisition of 2016, Titan bought Arizona Fire Test. Both companies are located here.Titan CEO Mike Proudfit told Security Systems News that securing the credit line allows for future growth opportunities for the company in the local Arizona market.“Arizona has a large need for a company that understands and deploys...

Arizona Fire Test, Mike Proudfit, The PrivateBank, Titan Alarm


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