ADS Security acquires fourth company in six months

ADS Security acquires fourth company in six months

NASHVILLE, Tenn.—ADS Security, a super-regional security and home automation company based here, has acquired customer accounts from Alarm Specialists of Cocoa, Fla. The purchase adds approximately 1,600 accounts—60 percent residential and 40 percent commercial—to the ADS Melbourne customer base. ADS first launched operations in Florida in 2007 with the acquisition of Advanced Detection Systems.

“Our expansion plan across the Southeast continues to progress with another excellent Florida alarm company,” John Cerasuolo, ADS President and CEO said in a prepared statement. “We are proud to be teaming up with Alarm Specialists and look forward to delivering top-notch service to their customers.”

The purchase of Alarm Specialists is the fourth purchase for ADS this year, following the acquisition of about 1,300 accounts in Melbourne, Fla.; 3,000 accounts in Sanford, N.C.; and 1,300 accounts in Northport, Ala. These deals have earned ADS a gain of more than 7,000 purchased accounts year-to-date. In 2015, ADS acquired security companies in Alabama, South Carolina, Tennessee and Georgia totaling approximately 6,500 accounts.

Alarm Specialists customers will have access to the ADS advanced suite of residential and commercial security and automation services, including mobile management, smart home technologies, video surveillance and access control solutions; proprietary UL-listed1, CSAA2Five Diamond monitoring center located in Nashville, Tenn.; and My ADS customer portal with simple online account management.

“After deciding to step away from the rigors and long hours of operating an alarm business daily, I chose ADS to continue our operations,” said Dave Eddins, Alarm Specialists owner in a prepared statement. ”ADS enjoys the same great reputation for providing superb service and has the same high standards for quality installations as we do.”

ADS, established in 1990, surpassed the $3 million RMR mark in May of 2016.

“The year is young,” Cerasuolo said in a prepared statement. “We expect that our expansion will continue with at least two more transactions in the coming months.”

Note: Please check back for more on this deal, including an interview with John Cerasuolo.

Source: Security Systems News