Greenville-based Priority One Security has completed the acquisition and merger of Fleetwood Security in Georgia.
The terms of the transaction were not disclosed. It marks the second acquisition for Priority One Security in the past two years and the fifth major acquisition in the company’s 22-year history, according to a news release.
Priority One specializes in integrated security and low voltage systems for residential, small business and commercial entities. Industry publication SDM magazine recently ranked the firm as the 42nd-largest security integrator in the country.
“Priority One Security is committed to supporting our account base. Part of doing so is through controlled growth. We evaluate several acquisition opportunities each year, but only a handful fit our strategy,” William Francis, president of Priority One, said in the release. “The Fleetwood Security acquisition strengthens our presence in the Atlanta market. It allows us to extend our support to existing clients, and the opportunity to pick up new customers, but most importantly, it’s an acquisition of talent.”
Fleetwood Security has been operated by Billy Fleetwood and other family members for more than 20 years, providing residential and commercial integrated security to the Atlanta metro area, according to the release.
All former Fleetwood personnel have been retained and will provide a more specialized role to better support the region, according to the release. Billy Fleetwood has been retained as district manager for Priority One.
“The acquisition is more like a merger. There were so many similarities between our two great organizations, it just felt like the right move,” Fleetwood said in the release.” We are excited about the future and our customers will appreciate the new products and services we will bring to the market.”
For more information, visit priority1security.com.