Alarm Financial Services, Inc. has recently helped two west coast alarm companies secure financing for growth and expansion in their respective markets. R.J. Protec Security, Inc. of Murietta, CA, and Safe & Sound Alarm Systems, Inc. of Bend, OR, worked with AFS to secure funding so they could acquire local competitors.
According to Jim Wooster, President of AFS, Inc., "For the last several years much of our lending has been driven by acquisitions, as more and more alarm dealers reach retirement age. Dealers are ready to sell, and younger companies are looking to grow through acquisition. Both Protec and Safe & Sound have been able to leverage their in-house RMR to raise the capital for acquisitions, and we are pleased to help them achieve their growth goals."
Protec owners Jeff and Deanne Dunagan are excited about their acquisition of Affordable Security Systems and opportunity for expansion. Working with AFS brought the confidence to make this happen. “The level of support we felt from Jim and the rest of the staff was incredible. Their patience and expertise throughout the Due Diligence process was unmatched. We feel confident that this acquisition was the right decision and direction as we begin this stage with our business.”
With Safe & Sound’s recent acquisition of BomaShield, Kehr believes AFS has been instrumental in helping them meet their growth objectives. “AFS has been great to work with on multiple deals this year. They know our business and how to bring value to a deal.”
