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General Security acquires New York Merchants Protective

February 13, 2017Spencer Ives

PLAINVIEW, N.Y.—General Security, a full-service security company based here, recently acquired New York Merchants Protective Co., based out of New York City, adding 3,500 accounts.“We were interested in doing a little more business in Manhattan and [the acquisition] certainly did that. It opened up a new group of customers to us,” Peter Allen, general manager for General Security, told Security Systems News. The acqusition closed Nov. 3, 2016, he said.“We divested of our...

Barry Epstein, General Security, New York Merchants Protective, Peter Allen, Rick Rockwell, Vertex Capital