Absolute Systems LLC of Kansas City, Mo., Houston and San Antonio recently acquired the security division of Hill Country Telephone Cooperative Inc. (“HCTC”) of Ingram, Texas, for an undisclosed amount. Alarm Financial Services (“AFS”) provided financing in the form of a term loan for the transaction. The acquisition develops a partnership between Absolute and HCTC to meet the security needs for HCTC’s commercial and residential customers.
Scotty Rhoads and Absolute have been providing residential and commercial security in Kansas City since 2009, and expanded to Houston and San Antonio in 2017. Absolute also has been providing maintenance and repair service to HCTC’s commercial and residential accounts for the last few years. When the opportunity to acquire the security division of HCTC arose, Absolute was in a position to expand its relationship with HCTC and the customer base it already knew.