DAVENPORT, Iowa – Per Mar Security Services, the largest family owned full service security company in the Midwest, is pleased to announce that Floyd Total Security has joined Per Mar Security Services. Serving the Twin Cities and surrounding areas for more than 75 years, Floyd Total Security provides security, video and lock solutions to commercial and residential customers.
“I’m excited that Floyd Total Security will be joining Per Mar Security Solutions as our Twin Cities branch,” said Brian Duffy, Chief Operating Officer at Per Mar. “Floyd Total Security shares the same culture of customer and employee focus as Per Mar Security Services, and has specialized in card access, lock service, security and fire alarm work and monitoring in the Twin Cities for decades. I look forward to the Floyd team strengthening and expanding our existing presence in Minnesota.”
Per Mar Security Services will continue to operate the office in Bloomington, MN, monitoring customers from their UL certified professional monitoring center and providing key and locksmith services from this office as well.
Michael Karch, owner of Floyd Total Security, said, “Per Mar Security Services was chosen as a Floyd Total Security acquisition partner due to our common priorities of employees and customers. Our employees will transition and our customers will see little change. Employees will have additional resources and support to grow their careers as part of a larger organization. Customers will enjoy added products and services. The completion of the acquisition during the pandemic speaks to the commitment of both parties. Each party has expertise in different areas and we share common product brands. This is a great example of a “win-win” relationship for the employees, customers, and business owners.”
Per Mar, the buyer, intends to acquire Floyd's building as part of the acquisition. The facility houses over 80 employees who will assist Per Mar in consolidating operations. All current employees and executives of Floyd have been offered employment with Per Mar.
Davis Mergers & Acquisitions Group represented the sellers, Floyd, in this transaction.
About Davis Mergers & Acquisitions Group
Davis Mergers and Acquisitions Group (DMAG) a full-service team that works exclusively in the Security and Integration industries. For further information, contact Ron Davis by calling 847-955-2345, email [email protected], or visit: www.graybeardsrus.com.
