Pavion, a provider of systems for fire, safety, security and communications and a portfolio company of Wind Point Partners, has acquired Security Source.
Established in 2005, Security Source focuses on the installation and service of video-based security and loss prevention services for large businesses with multiple locations. The deal looks to add an organization of security professionals who support customers and service national accounts across a range of multi-location verticals. It marks the 14th acquisition for Pavion since partnering with Wind Point.
“Our ability to serve large global and national accounts with best-in-class customer experience is now even further strengthened by adding Security Source to our business,” comments Joe Oliveri, Pavion CEO. “We look forward to working with the Security Source team to continue its growth, enhance its capabilities, and serve existing and new customers in this important industry segment.”
Houlihan Lokey acted as financial advisor to Security Source.