Securitas Acquires Supreme Security Systems in the U.S.
Securitas Electronic Security is acquiring Supreme Security Systems. The acquisition increases Securitas’ service capabilities and client offerings in the northeast U.S. and aligns with Securitas’ ambition to double the size of its security solutions and electronic security business. The purchase price is approximately $20 million.
Founded in 1929, Supreme Security Systems provides security alarm monitoring services to clients primarily in the New Jersey area. Their portfolio includes electronic security services, such as intrusion, video, fire and access control systems, as well as a 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. Total annual sales amounts to approximately $10 million, mainly driven from its recurring monthly revenue (RMR) base.