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Stanley Convergent Security Solutions Inc. of Naperville, Ill. purchased
the alarm business of Pyramid Alarm Inc., a security company headquartered in Lansing, Ill. Pyramid Alarm has been in business since
1978 and has expertise in installing, servicing, inspecting, maintaining and
monitoring intrusion alarms, fire alarms, access control and video surveillance
systems.
The purchase of the business
operations includes commercial, residential and municipal customers in the Illinois and Indiana
markets. Terms of the sale were not disclosed.
“The acquisition of Pyramid Alarm
continues our commitment to growing our electronic security platform
strategically in the United
States. We are excited to add more
density to our customer base in the Illinois
and Indiana
markets. The addition of Pyramid Alarm creates additional efficiencies for our
existing operations in those markets and solidifies our relationship with local
law enforcement and municipalities across Chicagoland,” explained Tony Byerly, president
and chief operating officer, Stanley CSS North America and United Kingdom
Direct.
Pyramid Alarm’s customers will be
serviced by the existing Stanley CSS office located in Downers Grove, Ill.