United Central Control acquires wholesale accounts from Red Hawk Monitoring
Source SecurityInfoWatch.com
San Antonio, Texas-based United Central Control, Inc. announced on Friday that is has purchased the wholesale monitored accounts of Red Hawk Monitoring LLC, a wholly owned subsidiary of Red Hawk Fire & Security LLC, out of Houston.
“This transaction is another step in Red Hawk's growth trajectory as we continue to execute a focused strategy to be the preferred choice in systems design, installation, monitoring and long term service for our core business customers,” Red Hawk President and CEO Dean Seavers said in a statement.
Red Hawk’s Central Monitoring Station General Manager Efrain Saenz commented: “It made sense to move the monitoring of these accounts to allow us to focus 100 percent on building Red Hawk’s core business. We are putting our wholesale monitoring dealers in very capable hands with the team at UCC. Their reputation for excellent service is well known throughout the industry. Because of their commitment to customer service, we all felt like UCC was the best possible buyer.”
The transaction will add approximately 149 new alarm dealers and just over 20,000 accounts to UCC’s portfolio.
UCC President Teresa Gonzalez said: “The Red Hawk wholesale acquisition increased our monitored account base by roughly 9 percent and it was the perfect acquisition for UCC. The majority of the business is right in our backyard in Houston, and will integrate nicely with our existing operations in San Antonio. In addition, when we convert the Houston accounts, they will be on UCC’s ASAP to the PSAP program. Now that we are on the SGS Stages platform, the stage is set for UCC to provide a new set of tools and features to these dealers.”
With the acquisition, UCC hit a new milestone by reaching over 800 dealer customers across the nation.
UCC’s CEO Don Munford stated: “It wasn’t long ago that we were excited about hitting one hundred dealer customers. Hitting 800 is major accomplishment, and gives me great pride in our team for always delivering excellent service which is the hallmark of the company.”
“Our goal is to help all our dealer customers grow their business,” said Ron Bowden, director of dealer development at UCC, who was instrumental in finalizing the deal with Red Hawk. “Our success depends on our dealers’ success. We will continue to develop the tools and knowledge to fuel their growth.”
The acquisition was UCC’s first but, according to Gonzalez, it may not be the last. Gonzalez stated: “It is our business plan to expand our central station redundancy capabilities out of state. As a national company, we continue to look for other acquisition opportunities around the country that may be a good fit for UCC. Along with these new dealer relationships, we are also expanding the group of professionals at TEAMUCC who share in our ideals of providing exceptional service.”