Trends & Industry Issues

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Allied Universal, a security and facility services company ranked no. 56 on the SDM 100, announced the acquisition of Cypress Private Security LP, a San Francisco-based company offering comprehensive security services. Terms of the deal were not disclosed.

iluminar, a specialty security lighting manufacturer, is partnering with Professional Sales Representatives (PSR) to increase the company’s services and sales presence with customers across the western United States. 

Detroit-based Guardian Alarm, one of the nation’s largest independently-owned security companies, announced a partnership with Herman Moore, community activist and former Detroit Lions legend. Moore will serve as spokesperson for the security services provider in Detroit and throughout greater Michigan.

Alarm Financial Services Inc. (AFS) provided a senior debt facility to Sentinel Security Solutions of Grover Beach, Calif. Sentinel will use the $750,000 credit facility to consolidate existing debt under more favorable terms, as well as to provide capital to meet the growth demands of the company. The credit facility includes both term loan and revolving line of credit components with increased borrowing ability as Sentinel’s business grows.

Defendify, an all-in-one SaaS-delivered cyber security platform developer, announced it has raised $1.6 million in pre-seed funding led by private investors with participation from Maine Technology Institute (MTI) and early stage cyber security industry investor 3dot6 Ventures. 

Banner Solutions, a national wholesaler of security opening hardware products, announced the acquisition of Berg Wholesale, an Oregon-based distributor of door and bath hardware.

More and more, there is a massive spotlight on the security industry and its ability to prevent tragedies from happening at large sporting venues.

The Vistacom team is celebrating its 65th year in business in 2019. Originally named the Daveland Company, Vistacom was founded in Allentown, Penn. in 1954 with a staff of six people, led by founder Jack Ferlino. 

Every successful security integrator is looking and preparing for the next big industry game changer.