Tag: Rainbow Protection
World Wide Security acquires CCTV Security
July 31, 2013Martha Entwistle
GARDEN CITY, N.Y.—World Wide Security, a full service security company based here, announced July 30 that it has acquired CCTV Security, a systems integrator based in Long Island City, N.Y.The deal, which closed in mid-July, brings 1,000 clients and 10 new employees. In business for 40 years, CCTV Security has a book of “blue chip clients [including] The Ritz, Hilton hotels, schools, consulates … and realty management companies,” Kenneth Mara, president and CEO of World Wide Security,...
World Wide acquires three
January 25, 2012Rich Miller
GARDEN CITY, N.Y.— World Wide Security Group has expanded its footprint in the New York metro area by acquiring three companies and 1,500 accounts, with more acquisitions planned in the first half of 2012.World Wide, an integrated services company based here, announced on Jan. 11 that it had purchased three New York companies: Dart Security of Woodbury, Access One Security of Commack, and LSG Security Systems of the Bronx.Ken Mara, president and CEO of World Wide, told Security Systems News...
World Wide Security plans six acquisitions, dealer program
January 4, 2012Rich Miller
GARDEN CITY, N.Y.—World Wide Security Group, an integrated services company based here, is using a $3 million extension of its revolving line of credit to fund six acquisitions and a new dealer program for its central station, the company announced in late December.Part of the initial $5 million credit line from CapitalSource Bank was used to acquire Rainbow Home Systems in November 2010, which has “worked out well,” according to Mark Simson, CFO for World Wide. That led the company...