Per Mar Security Services, based in Davenport, Iowa, has acquired Dream System’s security division, further expanding its customer base in Northern Wisconsin.
For the past 22 years, Seth and Nicki Ferrin have owned and operated Dream Systems. In an announcement to their security customers, they said, “As many of you know, Nicki and I have pursued some of our personal goals and involved ourselves heavily in our volunteer work. We felt the need to merge our security division with a company that shares our goals, ethics, and drive to succeed. Per Mar, a family owned business like ours, is the perfect match. Your safety and security of your home and business intrusion systems will continue to be their focus.”
The Ferrins will retain the IT division of Dream Systems.
“IT has been our niche for a very long time. With this new merger, we can focus solely on one vertical. We are very excited to continue this path with our IT team,” the employee announcement continued.
The acquisition is a great fit for Per Mar as the company has branch locations in both Minocqua and Schofield, Wisc., explained Per Mar CEO Brian Duffy.
“Dream Systems has a very loyal client base in Northern Wisconsin, and we look forward to serving these customers for years to come,” Duffy said. “We already have a great customer base in that area, and some really exceptional employees.”
Terms of the transaction were not disclosed.
Established in 1953, Per Mar Security Services is the largest, family-owned, full-service security company in the Midwest with more than 2,800 team members, operating in 25 branch locations. The company provides full-service security solutions for homes and businesses including security officer services, smart home automation, burglar and fire alarms, access control, security cameras, alarm monitoring, investigative services and background checks.