July 27, 2016, LONG GROVE, IL — Pat Egan, owner of Select Security in Lancaster, Pa., has announced the purchase of all the assets of 5 Star Security in Bluemont, Va., serving numerous Virginia and Washington D.C. suburbs.
As with its other regional acquisitions, Select Security will maintain 5 Star's sales and service operations but move the monitoring and administrative functions to Lancaster. Mr. Egan stated that "5 Star is a perfect fit in the Northeast for us."
Lenny Bianchi, owner of 5 Star, will remain for the transition period and then plans on moving home to Italy. Lenny states that "Select's reputation of good service was an important factor in choosing them to take over our customer base. This is truly a win-win transaction for both of us," noted Lenny.
Assisting 5 Star Security in this transaction was Steve Rubin of Davis Mergers and Acquisitions Group.
About Select Security
Founded in 2003, Select Security is one of the largest security companies in the country, ranking in the top 50 of SDM magazine's annual listings. Select has also been recognized as one of the Top 50 Fastest Growing companies by the Central Penn Business Journal for three years in a row. Select has also been recognized for community service and ongoing participation in numerous civic fundraisers and awareness programs.
About Davis Mergers & Acquisions Group
DMAG, aka the "Graybeards," assists in the sale of alarm companies throughout North America. Principals of the Company are widely known and respected throughout the industry based in large part on nearly four decades of participation as keynote speakers and presenters at industry seminars, tradeshows and association events. For further information, please contact Ron Davis, President, Davis Mergers & Acquisitions Gorup, at 847-955-2345. Email Ron at [email protected].
