Kimberlite Corporation, a provider of security services to businesses and residences in California today announced the purchase of Security First Alarm King (SFAK). This acquisition further strengthens the company’s presence in the central California region and is a continuation of its stated goal to grow through strategic acquisitions.
SFAK provides integrated security and fire alarm systems. Based in Visalia, Calif., the company designs, installs, monitors and services security systems for industrial, commercial and residential customers throughout Tulare County.
“Security First Alarm King is a perfect fit for Kimberlite,” said Joey Russell, president and CEO of Kimberlite. “During this process, we have been impressed by the high quality of the customers and employees at SFAK. Robert and Sabrina Shahan have been a pleasure to work with through this process. They, and all their employees, will be staying on with Kimberlite. Kimberlite is committed to provide the same high quality service that SFAK’s customers have come to expect.”
Kimberlite, recently named SDM Magazine Dealer of the Year for 2020, is the largest independent Sonitrol Franchisee based in Fresno, Calif. Kimberlite has consistently been ranked in the SDM 100 top companies and integrators for the past 20 years. Kimberlite also operates an award-winning central station specializing in audio and video verified security solutions.
“We have known Joey and Kimberlite for many years,” said Sabrina Shahan of SFAK. “When it came time to sell our business, we could not have been more pleased that Joey was interested in buying our company. We are certain that this transaction will be in the best interests of our clients and employees. We are very excited about joining the Kimberlite family.”
Robert Shahan of SFAK added, “I look forward to working with Joey and Kimberlite to continue to offer leading edge security solutions to our existing clients as well as expanding our customer base within our footprint.”
SPP Advisors represented Kimberlite in this transaction.
“This is a perfect fit for both Kimberlite and SFAK,” Mark H. Sandler, managing director of SPP Advisors. “This is the first non-Sonitrol acquisition for Kimberlite and I’m sure it will not be the last. It was a pleasure to work with the Shahans during this process especially given all the challenges imposed by the COVID-19 pandemic.”
Legacy Security Consulting represented Security First Alarm King. Legal representation for Kimberlite was provided by Mary Ann Dunham of Buchanan Ingersoll and Rooney, PC. Legal representation for SFAK was provided by Lilianne Chaumont of Chaumont Law.
