ADS Security Surpasses $4 Million Mark in Recurring Monthly Revenue
ADS Security (ADS), a regional electronic security and automation company headquartered in Nashville, surpassed $4 million in recurring monthly revenue (RMR) earlier in 2018. ADS achieved this mark through strong organic growth driven by a focus on providing great service and by maintaining a large acquisition pipeline. The company acquired eight companies in 2018, surpassing the previous record of seven acquisitions in 2016.
After its inception in 1990, ADS achieved $2 million in RMR in 2012 and has now doubled that monthly revenue in about a quarter of the time. ADS Security’s $4 million in RMR is made up of more than 100,000 residential and commercial customer sites spread over 25 branch locations throughout the southeastern United States.
“2018 was the best year in ADS’s history,” said John Cerasuolo, ADS president and CEO. “We have built a strong culture and team of people who care about providing legendary service to our customers and to the security company owners we acquire. We are not slowing down and expect 2019 to be another record setting year.”