Bayou Security Becomes Newest Member of Pelican Security Network
Bayou Security Systems Inc., a 30-year-old life safety services and property protection provider based in Shreveport, La., has become a member of the Pelican Security Network. The addition of several thousand subscribers helps expand the footprint for Pelican in the Arkansas-Louisiana-Texas region in and around Shreveport, the home of two of its three primary investors.
“I am very pleased that under the Pelican plan, Bayou Security will continue to be managed as it always has in the past, as a locally owned and operated company,” said Rebecca Norton, general manager.
“In addition, under the altruistic guidance of Richard Norton III, the recently deceased founder of Bayou Security, the company was not only known for its technological advancements and customer service, but also for its community and philanthropic activities. For these reasons, the Bayou transaction is a very special undertaking on our part,” said Louis Resweber, founder, president and COO of Pelican.
Steve Rubin of Davis Mergers and Acquisitions Group, Long Grove, Ill., represented Bayou Security Systems in this transaction.