27/05/2014
Protection 1 acquires PSI
Chicago, Il
“Our acquisition strategy has focused on bringing on capabilities and leadership," said Timothy J. Whall, Chief Executive Officer, Protection 1. “Our growth over the past three years has been largely organic, stemming from new focus, new talent and new capabilities. We are pleased to bring PSI into the Protection 1 fold and look forward to continuing to leverage Richard’s considerable expertise in this area."
PSI was originally a branch of Sensormatic before being purchased by Mr. Osborne in 2010.
“We have had experience working with Richard and his team over the past couple of years by leveraging his resources with some of our high end clients in Hawaii," said Executive Vice President Dan Bresingham. “Their ability to make the customer experience a priority, as well as Rick’s industry experience and familiarity with the market, makes them a great addition to the Protection 1 family and further extend our capabilities as a national provider."
“Joining Protection 1 will enable us to expand our capabilities and offer more to our customers," said Osborne. “Customers will experience a seamless transition, receiving the same excellent service they are accustomed to with PSI in addition to access to more products and services. In addition, our employees will have new opportunities for growth and training in the Protection 1 family."