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Tag: Pat Egan


Security Partners closes central station after operator tests positive for coronavirus

April 29, 2020Paul Ragusa

LANCASTER, Pa.—Based here in one of the hardest hit counties being in such close proximity to New York, Security Partners LLC had what any company would consider its worst fear come true: An employee working at one of its three central stations had tested positive for coronavirus.“We were hit hard and we feel it's important to share and talk about it, rather than hide behind this virus,” Security Partners Owner and CEO Patrick Egan told Security Systems News. “We also wanted to talk about...

central stations, Coronavirus, monitoring centers, Pat Egan, Security Partners LLC

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Select announces several more purchases

June 11, 2018Spencer Ives

LANCASTER, Pa.—Select Security in early June announced a variety of acquisitions, one in New Jersey, one in New Mexico, and two in the Dallas-Fort Worth area of Texas.In New Jersey, the company acquired Garden State Fire & Security, based in Matawan, N.J. With this transaction Select bought more than 2,500 accounts, with an even 50/50 mix between residential and commercial accounts, and the company gains an office in New Jersey.“The addition of Garden State Fire & Security to our organization...

Armed Response Team, DFW Security, Garden State Fire & Security, Pat Egan, Select Security, steve firestone, Universal Electronics

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Select Security gets $25m-plus in financing

November 5, 2014Amy Canfield

LANCASTER, Pa.—Select Security, based here, has received a $25 million senior secured facility from Citizens Commercial Banking, a division of Citizens Financial Group, also based here. Additionally, the super-regional security provider received a $10 million accordion feature in the deal, according to company founder Pat Egan.   “We now have financing in place to close a pending acquisition, for new account creation and for our general working capital needs,” Egan told...

Brinks Home, Citizens Commercial Banking, Pat Egan

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General News

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...

ADS Security, David Goldstein, Guardian Alarm, John Cerasuolo, John Jennings, John Loud, Loud Security Systems, Pat Egan, Safeguard Security, Select Security

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Select Security branches out to Utah

October 6, 2011Tess Nacelewicz

LANCASTER, Pa.—Select Security--a super-regional based here that has spent the past two summers trying to beat the big summer-model companies at their own game by running its own door-knocking program--is upping the ante.Select is opening its own office in Orem, Utah, literally in the big companies' backyard, to serve as a recruiting and call center and also to do some selling, Patrick Egan, Select Security president, told Security Systems News. Egan also recently opened a sales and recruiting...

door knocking, Pat Egan, Pinnacle, Select Security, Vivint

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Select Security gears up for summer

February 4, 2011Tess Nacelewicz

LANCASTER, Pa.—Last summer, Select Security, a super-regional alarm company based here, successfully experimented with a summer model program to beat the big boys at their own game. This summer, the company is going further: It is not only repeating its summer sales program but has hired sales representatives from some of the big companies to run it. Company president Patrick Egan said door-knocking sales representatives should have an advantage working for a traditional security company like...

Apx Alarm, Derek Taylor, Matthew Kemp, Pat Egan, Pinnacle Security, Select Security, summer sales, Vivint

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Fire Systems Installation

Calif. sprinkler measure lacks monitoring requirement

January 13, 2011Tess Nacelewicz

PACHECO, Calif.—On Jan. 1 this year, California joined Pennsylvania in becoming the first states in the nation to require the installation of automatic fire sprinkler systems in new one- and two-family homes. John Viniello, president of the National Fire Sprinkler Association, praised the development as a life-saving measure in a recent article in The Wall Street Journal. However, the new requirement in California is unlikely to generate additional business for fire alarm companies because...

Automatic Fire Alarm Association (AFAA), Bay Alarm, Electrical Signal Co., John Viniello, National Fire Sprinkler Association (NFSA), Pat Egan, Select Security, Shane Clary

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Fire Systems Installation

Super-regional aims to increase RMR with sprinklers

December 9, 2010Tess Nacelewicz

LANCASTER, Pa.—Select Security, a super-regional based here, has done something out of the ordinary: It recently acquired a fire sprinkler company and turned it into Select Security's new sprinkler division. Company president Patrick Egan said Select Security's purchase of Fire Systems Inc. of Ephrata, Pa. is unusual for a security company, but makes good business sense. It will lead to new sprinkler and alarm customers for Select Security, and generate additional RMR as the company takes over...

fire sprinklers, Fire Systems Inc., Pat Egan, Select Security

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