WEST PALM BEACH, Fla. – January 7, 2022 — Security 101®, a national commercial electronic security integration company, is excited to announce they have partnered with the investment team at Gemspring Capital for the purposes of accelerated growth in the security industry.
Security 101 is a leading provider of commercial security system solutions and differentiates itself from its competitors through an industry-first franchising business model. The company has more than 50 locations in the continental U.S. and is now poised to develop a local presence within markets where growth potential exists. Security 101 is well-known for its people and culture and will focus on expansion through franchising, acquisitions, and organic growth.
Security 101’s management team, led by Founder and CEO Steve Crespo, will continue to lead the business and be significant shareholders in the Company. Steve commented: “We are excited to partner with Gemspring during this next phase of growth and look forward to collaboratively pursuing the tremendous market opportunity ahead of us. This partnership puts Security 101 in a position to rapidly expand our footprint while continuing to provide national and local customers the security industry’s finest customer service through our proven approach.”
Michael Walton, President at Security 101, added, “Today’s client demands an attention to detail that includes an extensive knowledge of the product and a personalized approach to sales and service — each of which Security 101 has developed a positive reputation for providing on a consistent basis. You can only achieve this with the highest quality teams and our success has always been directly connected to our company culture and the people who have created it.”
About Security 101
Security 101 protects business assets and employees through an industry-first, systems integration franchise of experts who work locally to engineer, install, operate, monitor, manage and maintain integrated security solutions. Customers have the best of both worlds — a trusted national company with local ownership. Security 101 currently has locally owned offices in 52 U.S. cities and continues to expand. For more information about Security 101, visit the website at www.security101.com.
