Allied Universal has acquired security systems integrator Midstate Security of Wyoming, Mich. Terms of the deal were not disclosed.
“The addition of Midstate is the first of many steps we are taking to build-out our technology services business following our platform acquisition of Securadyne Systems earlier this year,” Steve Jones, CEO of Allied Universal, said in a statement. “This acquisition is an important part of our broader strategy to leverage technology across our entire business footprint.”
Midstate Security, with revenues exceeding $20 million and 89 employees, was founded in 1980 and designs, installs, services and maintains security systems for a variety of customers. It also provides remote services from its UL-listed central station.
“Allied Universal aligns perfectly with Midstate’s mission and overall customer service philosophy,” David Nemmers, CEO of Midstate Security, said in the statement. “I am excited about the future growth potential offered by Allied Universal.”
Midstate Security will expand the company’s Allied Universal® Technology Services division, which provides electronic access control, video surveillance, fire/life safety, alarm monitoring, emergency communications, hosted /managed services and a variety of Global Security Operating Center (GSOC-as-a-Service) offerings.
Midstate Security was represented by Barry Epstein of Vertex Capital Corp. and the law firm Rhoades McKee PC in the transaction.
