Stanley Convergent Security Solutions Inc. (formerly HSM Electronic Protection Services Inc.) this week announced the purchase of A-1 Security Ltd., a premier security company headquartered in Las Vegas, Nev.
A-1 Security has expertise in installing, servicing, inspecting, maintaining and monitoring electronic intrusion alarms, fire alarms, access control systems and video surveillance systems in the Las Vegas and Reno, Nevada markets. The purchase of the business operations includes commercial, industrial and other business customers along with residential customers.
Terms of the sale were not disclosed.
“We are excited about the addition of A-1 Security into our company portfolio,” said Brett Bontrager, president of Stanley Convergent Security Solutions. “Stanley remains committed to growing our electronic security division both domestically and abroad. Acquiring strong regional players, like A1, to fill-in our footprint in the U.S. is an important part of our growth plan, because it strengthens our domestic reach.”
The acquisition of A-1 Security expands the company’s national footprint and brings two additional top 100 metropolitan areas into its network of local branch offices.
“A1 Security is a quality security provider and the leader in the Vegas and Reno markets. This addition to our portfolio continues our tradition of quality service and a company totally focused on our customers,” commented Tony Byerly, chief operating officer, Stanley Convergent Security Solutions Inc. “Additionally, this expands our national footprint into the country’s fastest growing commercial market; enabling us to grow our national account support structure.”
A-1 Security has an exemplary 25-year service history in Las Vegas and throughout Nevada. Last year, SDM ranked A-1 Security as No. 69 in total recurring monthly revenue (RMR).
“We are proud and eager to continue providing quality service to the over 8,000 A-1 Security customers doing business throughout the state of Nevada,” continued Byerly.
Commenting on the acquisition, Bud Wulforst, President of A-1 Security, stated, “Building and operating successful businesses has always been my passion. As the new president of the Central Station Alarm Association (CSAA), I now have the opportunity to apply my passion to the alarm industry overall.
“Having Stanley Convergent Security Solutions acquire A-1 Security gives me the peace of mind knowing that my customers and employees will be taken care of with the highest level of service and responsiveness,” continued Wulforst.
According to Howard Wulforst, chief operating officer of A-1 Security, “Having grown up in the alarm business, I know the importance of responsive customer service and having local employees to deliver that service. I am very excited about becoming a Stanley team member because they have the personal touch of a local company and the significant resources of a global company to provide leading edge technology and outstanding service.”
Howard Wulforst will be joining the Stanley team as district general manager for Nevada, including both A-1 branch locations. Stanley CSS will maintain the two local offices located in Las Vegas.
Ron Davis, managing partner of Davis Marketing Group Inc., worked on behalf of A-1 Security as the facilitator during this transaction.