Priority One Security Acquires Fleetwood Security
Regionally based Priority One Security, ranked No. 42 on the SDM 100, has successfully executed the acquisition and merger of Fleetwood Security. Fleetwood Security is based in Cartersville, Ga. It has been operated by Billy Fleetwood and the Fleetwood family members. For more than 20 years Fleetwood Security has provided residential and commercial integrated security solutions to the Atlanta metropolitan areas.
Headquartered in Greenville, S.C., this is the second acquisition for Priority One Security in the past two years and the fifth major acquisition in its twenty-two-year history. With the acquisition, Priority One Security obtains a group of talented people and an established company in the Atlanta market. All the employees will remain in place.
William Francis, president of Priority One Security, said, “Priority One Security is committed to supporting our account base. Part of doing so is through controlled growth. We evaluate several acquisition opportunities each year, but only a handful fit our strategy. The Fleetwood Security acquisition strengthens our presence in the Atlanta market. It allows us to extend our support to existing clients, and the opportunity to pick up new customers, but most importantly, it’s an acquisition of talent.”
Billy Fleetwood, owner of Fleetwood Security, has been retained as district manager. All former Fleetwood Security personnel have been retained and will provide a more specialized role to better support the region. Fleetwood stated, “The acquisition is more like a merger. There were so many similarities between our two great organizations, it just felt like the right move. We are excited about the future and our customers will appreciate the new products and services we will bring to the market.”
The terms of the acquisition have not been disclosed. The purchased was completed on May 31st and Fleetwood Security is now operating under Priority One Security.