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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
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