6.4.19 – ADS
ADS to retain its brand identity, company’s team to remain in their current roles
In a move that will greatly expand its geographic footprint, Vector Security announced on Monday that it has acquired Nashville-based ADS Security.
The acquisition will significantly bolster Vector’s presence in the Southeast with the addition of branch locations in Alabama, Mississippi, Georgia, South Carolina, and Tennessee, while also expanding the market reach of both companies in North Carolina, Kentucky and Florida. The combined companies will have close to $20 million in recurring monthly revenue and a customer base of nearly 400,000 subscribers.
Serving more than 100,000 businesses, industrial facilities, and residences throughout the Southeast, ADS Security has grown significantly over the past several years via an aggressive M&A strategy that has seen the company make more than 30 acquisitions since 2014.
According to a statement, the ADS Security team will remain in their current roles with John Cerasuolo leading the ADS division, reporting directly to Vector Security President and CEO, Pam Petrow. ADS Security will also maintain their brand identity, becoming the fourth business unit under the Vector Security portfolio of companies.
“Our growth at ADS is on record pace. Over the past 16 months, we have recorded faster growth than any other time in company history. At ADS, we are excited by Vector Security’s financial resources and stable ownership that will continue to fuel our growth ambitions and acquisition activity,” said Cerasuolo. “We have similar cultures across both organizations and we look forward to leveraging the best of both companies.”
“We are excited to welcome the team members and customers from ADS Security to the Vector Security family,” said Petrow. “We are very impressed with the successes and market presence ADS has built over the years. We have a great opportunity to take best practices from two amazing companies and build the best sales and service organization across our expanded footprint.”