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Tag: Select Security


Residential

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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Residential

Select Security announces series of acquisitions

April 6, 2018Spencer Ives

LANCASTER, Pa.—Select Security, provider of security and life safety solutions for homes and businesses based here, on April 6 announced the purchase of several companies: Tennessee Valley Protection in Huntsville, Ala.; Southern Security Services in Nashville, Tenn.; Interactive Alarms in Nashville, Tenn.; Security Consultants in Memphis, Tenn.; and Alert Alarm Systems in Paducah, Ky."We are always looking for well run companies that want to be part of Select Security, especially in our newest...

Alert Alarm Systems, Interactive Alarms, Patrick Egan, Security Consultants, Select Security, Southern Security Services, steve firestone, Tennessee Valley Protection


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Residential

Select Security to acquire AlarmForce's US subscribers

June 15, 2017Spencer Ives

LANCASTER, Pa.—Select Security, a super-regional alarm company based here, on June 14 entered into an agreement to buy the U.S. subscriber base of AlarmForce, a Toronto-based company, which will maintain its Canadian business.Select Security will gain about 28,000 accounts, bringing the company's total to nearly 60,000. The deal is expected to close on or around June 23. AlarmForce announced that the total consideration was $11.6 million."It's the largest acquisition that Select has done in...

AlarmForce, Select Security, steve firestone


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General News

How I Use My System: Joseph Mitton

March 22, 2017Spencer Ives

When Joseph Mitton, Select Security's director of marketing and communications, joined the company about six years ago, the company had around 80 people. Now, it has close to 200. Security Systems News talked with Mitton about the alarm system he uses.What kind of system do you have?At home, I currently have a Qolsys panel, with the Alarm.com backend to power the many Z-Wave devices in my house. In addition to cameras, we have an Alarm.com thermostat, door locks, garage door openers, and hardwired...

How I Use My System, Joseph Mitton, Security Systems News, Select Security


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Residential

Select Security acquires three companies

October 19, 2016Paul Ragusa, Editor

LANCASTER, Pa.—Select Security, a super regional security company based here, recently completed the purchase of Owensboro, Ky.-based Level 5 Systems, Myrtle Beach, S.C.-based Sea Dog Security, and Charlotte, N.C.-based Guardian Systems, adding three new branch offices, and expanding into the North and South Carolina markets. The three deals add approximately 2,000 new accounts for Select Security.“We have always felt that with the infrastructure that we have invested in and built both...

Roger Parks, Select Security, steve firestone, Steve Schude


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Residential

Select Security expands into Virginia

July 27, 2016Paul Ragusa, Editor

LANCASTER, Pa.—Just one month after securing a $55 million credit facility with Goldman Sachs, Select Security, a super-regional security company based here, has acquired 5 Star Security, a Bluemont, Va.-based high-end residential company.“This is Select Security's first entrance into Virginia, which we feel is a very good market, and it follows our model of being a major provider in smaller markets,” Patrick Egan, Select Security's founder and CEO, told Security Systems News.Egan...

5 Star Security, Patrick Egan, Select Security


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General News

Five Questions: Bob Grove

July 1, 2016Paul Ragusa, Editor

Select Security recently named Bob Grove as its new director of field operations and training. Grove first joined Select Security in 2003 as an installation technician and quickly rose through the ranks, most recently serving as the technical training manager. In addition to ensuring training across the enterprise, Grove now oversees more than 60 technicians and managers of the operations team. Security Systems News caught up with Grove and asked him five questions.What is something your coworkers...

Bob Grove, Five Questions, Security Systems News, Select Security


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Residential

Select Security closes on $55m credit facility with Goldman Sachs

June 22, 2016Paul Ragusa, Editor

LANCASTER, Pa.—Select Security, a super regional security company based here, received a $55 million senior credit facility with the Goldman Sachs Specialty Lending Group.“This deal is a stepping-stone for us,” Select Security founder and CEO Patrick Egan told Security Systems News. “We have had multiple bank deals over the years, but this new credit facility is more than two times the credit facility that we just paid off with Citizens Bank. Citizens have been wonderful to...

Goldman Sachs Specialty Lending Group, Patrick Egan, Select Security


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General News

Select Security restructures management

June 21, 2016SSN Staff

LANCASTER, Pa.—Select Security, a super-regional based here, announced changes to its senior leadership team, part of a restructuring of the company in preparation for continued growth this year. The company recently reached $1m in RMR, following several years of rapid growth both organically and through acquisition.Alex Nitterhouse has been named director of sales, and Bob Grove was named director of field operations and training.“Over the past few years Select Security has quickly grown...

Alex Nitterhouse, Bob Grove, Select Security


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Residential

Select Security partners with Mace to launch national DIY product

June 16, 2016Paul Ragusa, Editor

LANCASTER, Pa.—Select Security, a super-regional based here, is partnering with Mace, best known for its pepper spray, to launch a DIY product nationally in 2016.Select Security's founder and CEO Patrick Egan said that teaming up with Mace to launch a DIY product is key to its success nationally.“This is a whole different channel for us, and there was no way we were going to enter the DIY space without a strong, recognizable brand name,” Egan told Security Systems News. “The...

Mace, Patrick Egan, Select Security, steve firestone


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