Locks and Security News: your weekly locks and security industry newsletter
17th April 2024 Issue no. 701
Your industry news - first
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Securitas acquires Supreme Security Systems in the US
Securitas is acquiring Supreme Security Systems, a top 50 alarm monitoring company in the US.
The acquisition increases Securitas' service capabilities and client offerings in the northeast US and aligns with Securitas' ambition to double the size of its security solutions and electronic security business by 2023.
Founded in 1929, Supreme Security Systems provides security alarm monitoring services to clients primarily in the New Jersey market. Their portfolio includes electronic security services, such as intrusion, video, fire and access control systems, as well as UL-listed, FM approved, TMA Five Diamond certified alarm monitoring.
The company has an outstanding reputation with its tenured client base and is known for providing best-in-class service.
"This acquisition strengthens Securitas' position as a leader in protective services and continues our journey towards our ambition to double the size of our security solutions and electronic security business. Supreme Security Systems' strong recurring revenue base complements our North American electronic security business model and enhances our footprint in a population dense strategic market," says Tony Byerly, President Global Electronic Security, Securitas AB.
1st December 2021