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Stanley Acquires 3,500 National Guardian Accounts
The residential and commercial accounts are unique because they were sold at retail branch locations.
Not many security systems are sold out of retail locations, but old-time alarm system provider National Guardian has been doing it for years.
Not any more.
Naperville, Ill.-based Stanley Convergent Security Solutions (Stanley CSS), formerly HSM Electronic Protection Services, has purchased the retail branch business from National Guardian Security Services, based in Norwalk, Conn.
The purchase includes both commercial and residential accounts across the U.S. with strong concentration in California, Missouri and Kansas.
Terms of the sale were not disclosed.
Brett Bontrager, president of Stanley CSS, says the acquisition continues the company's commitment to grow its domestic security platform.
"We are excited to add more density to our customer base in several local markets across the country," explains Tony Byerly, chief operating officer of Stanley CSS.
"The addition of National Guardian's retail branch business, with approximately 3,500 new accounts, creates additional efficiencies for our existing operations in those markets,"
It was not stated whether Stanley would keep open the retail locations. Industry veteran George Flagg is the CEO of National Guardian.
Not any more.
Naperville, Ill.-based Stanley Convergent Security Solutions (Stanley CSS), formerly HSM Electronic Protection Services, has purchased the retail branch business from National Guardian Security Services, based in Norwalk, Conn.
The purchase includes both commercial and residential accounts across the U.S. with strong concentration in California, Missouri and Kansas.
Terms of the sale were not disclosed.
Brett Bontrager, president of Stanley CSS, says the acquisition continues the company's commitment to grow its domestic security platform.
"We are excited to add more density to our customer base in several local markets across the country," explains Tony Byerly, chief operating officer of Stanley CSS.
"The addition of National Guardian's retail branch business, with approximately 3,500 new accounts, creates additional efficiencies for our existing operations in those markets,"
It was not stated whether Stanley would keep open the retail locations. Industry veteran George Flagg is the CEO of National Guardian.
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About the Author
Jason Knott, Editor, CE Pro
Jason has covered low-voltage electronics as an editor since 1990. He joined EH Publishing in 2000, and before that served as publisher and editor of Security Sales, a leading magazine for the security industry. He served as chairman of the Security Industry Association’s Education Committee from 2000-2004 and sat on the board of that association from 1998-2002. He is also a former board member of the Alarm Industry Research and Educational Foundation. He is currently a member of the CEDIA Education Action Team for Electronic Systems Business. Jason graduated from the University of Southern California.
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