Tag: Safeguard Security
SAFE Security promotes Gary Franklyn to SVP, dealer sales
June 29, 2016Paul Ragusa
SAN RAMON, Calif.—SAFE Security, a national security company based here, recently promoted Gary Franklyn to the newly created position of senior vice president of dealer sales, where he will be responsible for all facets of dealer management including dealer sales and marketing and dealer recruitment and retention. Franklyn will be based out of Safeguard Security, SAFE's branch office in Scottsdale, Ariz.Prior to working for SAFE, Franklyn spent eight years at Security Networks in West Palm...
Promotions at SAFE Security
October 8, 2014SSN Staff
SAN RAMON, Calif.—Randy Perkins has been named EVP and COO at SAFE Security. Also, Jess Alvarado has been appointed CFO for the company, which acquires and provides customer account management services for monitoring contracts.
Perkins joined SAFE in 2005 and became VP of operations a year later. He previously worked for Sonitrol and Bay Alarm Company, where he served as an installation/service manager, sales manager, central station manager, branch manager and director of operations.
Alvarado...
SAFE Security acquires Safeguard Security
August 20, 2014Martha Entwistle
SAN RAMON, Calif.—In a deal that brings it 300 employees, $1.5 million in RMR, 25,000 customers, a guard business and a central station, SAFE Security, based here, has acquired the alarm business of Safeguard Security, a super-regional that's been family owned for more than 50 years.“The Safeguard acquisition is the beginning of a new era,” Paul Sargenti, SAFE Security CEO and president, told Security Systems News. He added, “It's the fulfillment of a long-term plan to get...
PSA-TEC State of the Industry: The 'brave and bold' who invest in IT will thrive
May 7, 2014Martha Entwistle
WESTMINSTER, Colo.—Invest big in IT smarts and do it now. That is what executives from some leading systems integration firms—Securadyne, Advance Technology and Safeguard Security—say they're working on at their own companies today.Securadyne Systems CEO Carey Boethel, Safeguard Security president Mike Bradley, and Advance Technology President Rob Simopoulos shared details of their IT investment strategies during PSA-TEC's May 6 “State of the Industry” panel discussion....
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...
ASAP getting closer to reaching 'critical mass'
February 1, 2013Rich Miller
YARMOUTH, Maine—After big strides in 2012 that put an array of technical and logistical challenges behind it, the Automated Secure Alarm Protocol is getting closer to reaching “critical mass” nationwide, according to ASAP proponent Ed Bonifas.
Bonifas, co-chairman of the Central Station Alarm Association's ASAP Program Committee, said implementation is getting easier for public safety answering points and alarm companies as the program evolves. Six PSAPs were participating...
Safeguard makes acquisition
April 18, 2012Martha Entwistle
SCOTTSDALE, Ariz.—Super-regional Safeguard Security has acquired New Mexico Security Services, headquartered in Santa Fe, N.M., Safeguard CEO John Jennings told Security Systems News.Two employees will join Safeguard as part of the deal. Carmen Purdy, the former owner of New Mexico Security Services, is retiring.“This deal is strategic in value, because it gives us size. Now we are definitely the No. 1 player in Santa Fe,” Jennings said.Safeguard, which is based here, has had an...
Lessons from the recession
November 29, 2011Tess Nacelewicz
SCOTTSDALE, Ariz.—The economic recession took a toll on Safeguard Security, a family-owned, 50-year-old security company based here. Its annual revenues dropped from $34 million in 2008 to $29 million in 2010, company president John Jennings said.
However, he said he expects Safeguard's revenues to rebound to $30 million by the end of this year, and said the downturn provided important lessons for his company.
“It's been the hardest couple of years since I've been in...
Staving turnover with HRGroup
November 10, 2011Martha Entwistle
SCOTTSDALE, Ariz.—Several years ago Safeguard Security—a super-regional based here, was experiencing very high turnover in its central station. Working with a company called HRGroup, Safeguard learned how to recruit and hire the right people, not only for its central, but also for all areas of its business, Mike Bradley, president of Safeguard Security told Security Systems News.
“The turnover in our central in those days was probably 40 percent and my guess is that now it's...
State Systems adds sprinkler division
May 5, 2011Tess Nacelewicz
MEMPHIS, Tenn.—State Systems, a provider of life safety and security systems based here, has joined a small but growing trend in the industry: the addition of fire sprinkler division.
Company president Bob McBride told Security Systems News that the new division was added in February and is expected to bring in significant revenue. “Our goal is to grow it to $1 million a year within five years,” he said.
In business for 25 years, the company does about $10 million in revenues. It...