Protection 1 Acquires Cam Connections, Inc.
Company is a Full-Service
Systems Integrator Focused on High-End Security Solutions
Chicago, IL - June 2, 2015 -
Protection 1, the largest full-service business and home security company in
the U.S., today announced that it has completed the acquisition of
Cam
Connections, Inc. (CCI), a full service security systems integrator based in
Lakeland, Florida with satellite offices in Davie, Florida and Charlotte, North
Carolina. The company specializes in providing tailored security solutions to
meet its customers' specific needs.
This acquisition follows the
recent announcement that Apollo Global Management has signed definite
agreements to acquire both Protection 1 and ASG Security. Under this new
arrangement, Protection 1 will serve as the platform on which Apollo will enter
the security market and CCI will further complement the company's offerings.
"We have always looked for strategic acquisitions that can broaden or deepen key
areas of expertise. We are excited to have CCI join the Protection 1 team.
Between our national footprint and their expertise, we will be able to offer
more solutions to our combined customers and prospects and build on our strong
foundation," said Timothy J. Whall, Chairman and CEO for Protection 1. "Cam
Connections' business model is based on the same philosophy as Protection 1's -
providing the latest in electronic security solutions to its customers while
delivering the highest level of customer service - making them an ideal fit for
our organization."
Joining forces with Protection 1 will extend CCI's reach to better serve its
customer base by leveraging Protection 1's national footprint. The two companies
offer similar technologies including intrusion and life safety systems, access
control, CCTV, video analytics and POS monitoring. Founded in 1998, CCI
currently employs nearly 60 individuals primarily focused on sales, service and
installation of electronic security systems. Their current President and CEO,
Robert Bull, will remain with Protection 1 as Vice President-CCI, a division of
Protection 1.
"This is going to be an amazing partnership," comments Bull. "Cam Connections
has been known as one of the most innovative integration companies in the
industry for several years while Protection 1 is an absolute powerhouse when it
comes to electronic security solutions. We are going to do great things
together."
About Protection 1
Protection 1, the largest full-service business and home security company in the
U.S., provides installation, maintenance, and monitoring of single-family home
security systems, business security systems and multifamily security systems.
Protection 1 serves nearly 2 million customers and employs over 3,500 people in
more than 70 office locations and five UL Certified monitoring centers across
the country. The company has a 97.3% customer satisfaction rating and an A+
Better Business Bureau rating.
Protection 1 also offers network management services through its Network
Operations Center and is the only company in the security industry to hold Cisco
Cloud and Managed Services Express Partner Certification.
Since 2012, the company has been recognized by leading industry publications for
its commitment to its customers, the industry and the communities it serves. For
other Protection 1 news, visit
P1newsroom.com.