FE Moran Security Solutions received an investment from Armory Capital, a family investment office.
The growth capital provided by Armory will allow for significant acquisitions and will support organic growth, furthering FE Moran’s goal to become one of the industry’s Top 20 largest providers by 2020, according to a press release by FE Moran.
FE Moran serves customers nationwide with a strong local market focus in Illinois, Indiana, Kansas and Michigan.
“I have never been more optimistic about the future of FE Moran Security Solutions,” said Brett Bean, CEO and co-founder. “We’re excited to work with Armory for the long term as we embark on the next chapter in our story. I’m confident that increased access to capital and Armory’s strategic advice will allow us to execute our aggressive growth plans with a strong focus on delivering an outstanding customer experience.”
Jacob Ambrose, managing partner of Armory Capital, said, “We are thrilled to partner with Brett and the fantastic team at FE Moran. Through their passion for delivering phenomenal service, FE Moran has built an unmatched reputation for safety, security and trust.”
Bean added, “I talked for several years with potential partners from across the country, but in the end the best partner was found literally across the street in Armory Capital. We are blessed to have formed this partnership with a team who values relationships, holds our same high standards of trust and is committed to investing in aggressive growth, service to our customers and the development of our employees.”
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Gone are the days when cybersecurity was someone else’s problem. With savvy and tenacious hackers who can use almost anything connected to a network to access systems, and evolving and seemingly implacable threats, just where does the security industry stand on the cyber preparedness spectrum? Read more stories in September Issue 2017.