Published Jan 30, 2023
Security ONE Alarm Systems, a provider of professionally installed and monitored security solutions based in Leamington, has announced it is now majority equity investor in Alarm Systems in Belleville.

The investment will allow Alarm Systems to continue to grow and expand its services to customers throughout Eastern Ontario area, while also providing the resources and support needed to further innovate and enhance its product offerings, the firm said in a press release.

In turn, both entities will benefit from combined purchasing power and shared resources to manage larger projects across Ontario and beyond.

The combined organization will be comprised of nearly 120 security professionals who serve over 20,000 residential and commercial customers, making it one of the largest independently owned and operated security providers in Canada.

“We are thrilled to partner with Alarm Systems and make this strategic investment,” said Chris Neumann, president and CEO of Security ONE Alarm Systems.

“Their team has a long history of providing high-quality security solutions to customers, and we believe this partnership will allow us to better serve the Ontario market and continue to grow our business.”

Kristin Crowe, president of Alarm Systems, said: “We are excited to welcome Security ONE Alarm Systems as a majority equity partner. Their expertise and resources will be a valuable asset as we look to continue to grow and innovate in an ever-changing competitive landscape.”

The terms of the investment have not been disclosed.