In The News

AFS FACILITATES SALE OF "MODEL TRANSACTION" IN DALLAS!  AFS FACILITATES SALE IN NORTH CAROLINA!  CLICK "IN THE NEWS" FOR DETAILS!

 

Home
Company History
Our Staff
AFS Services
Quote Request
Testimonials
In The News
Web Links
Calendar
Feedback

 

2008

May 1, 2008 -     AFS facilitates and closes sale of Landtronics; article from SDM eNews

ASG Security Acquires Landtronics

By Russ Gager, Senior Editor, SDM Magazine

      Alarm Security Group LLC (ASG Security), Beltsville , Md. , has acquired Landtronics Inc., Charlotte , N.C. , a security company founded in 1972 by Roger Landis.
      "Roger is the quintessential operating COO," says Joe Nuccio, ASG's president and CEO. "He's a great guy who built a nice business that fits in with our core
Charlotte branch. It's like the perfect acquisition for us."
      Lantronics' 1,600 accounts, $43,000 in recurring monthly revenue (RMR) and nine employees are being integrated into ASG's
Charlotte office. The company's customer base is approximately 54 percent commercial and 46 percent residential.
      "Roger is retiring," Nuccio explains. "They've run a very good business, customer-focused, with nice core operations that fits in with our existing infrastructure."
      ASG is enthused about
North Carolina 's business climate. "The Charlotte market is one of the best around," Nuccio maintains. "It's not affected by housing because housing has increased there. Charlotte and Raleigh are nice markets -- they have solid, core, long-time customers, and attrition is low in those areas."
      Nuccio points out that this is the 42nd acquisition by ASG since 2003, and that the company has grown by approximately 48 percent since November 2007, half through internal sales and half through acquisitions.
      "What it does for us is it continues to build our core commercial within that
Charlotte branch," Nuccio says of the acquisition. "Before, our branch was a little more residential than commercial -- now we're shifting the mix to be equal. 
      "We always wanted to be about 50:50 commercial and residential," he says of his entire company. "That's a good mix of business, and today we're fairly close. That's what we continue to do. That's the goal we had from day one."
      Rory Russell of Acquisition and Funding Services (AFS),
Kattskill Bay , N.Y. , represented Landtronics in the acquisition. 

 

2007

April 6, 2007 - A reminder to MARK YOUR CALENDAR!
                          10th Annual 2007 NYS Cyber Security Conference, June 6 & 7
                       

 
April 4, 2007 - AFS facilitates and closes sale of another Dallas burglar and fire alarm company.
                        Click here for Pictures of the Team

March 30, 2007 - Pictures from the ISC West Conference in Las Vegas

March 13, 2007 - AFS will attend the ISC West Conference in Las Vegas from March 28-30.


March 8, 2007 - AFS Facilitates "Model Transaction" - "ASG acquires fire company to expand in Dallas"
                         Click here for Pictures of the Team  
                         Click here to read more about ASG and AFS in this transaction.                          

February 16, 2007 - Pictures from the 11th Annual Barnes Buchanan & Mallon Conference at The Breakers

February 6, 2007 - AFS will attend the 11th Annual Barnes Buchanan & Mallon Conference at The Breakers


February 2007 - Press Release in SDM Magazine

 

2006

December 5, 2006 - ISC West Conference in Las Vegas

November 27, 2006 - 10th Annual 2007 NYS Cyber Security Conference 


November 13, 2006 - Look for the AFS Mailing!

October 23, 2006 - AFS Attends 2006 ISC East Conference

October 2, 2006 - Look for AFS in Leading Trade Publications

February 8-10, 2006 - Pictures from the 10th Annual Barnes Buchanan & Mallon Conference at The Breakers