Vector Security, Inc. has announced the completion of three acquisitions. One of the are in Columbus, Ohio and the two others are in Virginia. The acqusitions are expected to increase the company's presence in a number of strategic markets and expand its access to a key ancillary services market.
The first acquisition announced by Vector was Custom Security, Inc. of Columbus. The acquirement increases Vector Security's residential and commercial customer base presence within the area, while allowing the company to retain key personnel, including Mr. Andy Conti, who will become Vector's area
manager of sales and operations. In addition to attaining greater customer density, the acquisition will also increase Vector's opportunities in a key, high-security commercial market and provide additional business opportunities for Vector's National Accounts Division.
The second acquisition announced by Vector, and the largest of the three, was Security Concepts/National Security of Harrisonburg and Charlottesville, VA. This acquisition was comprised of two separate security companies owned by Mr. Ron Smullen, and allowed Vector to establish a new branch office location in that
area which will be affiliated with Vector's Richmond, VA District. Vector retained 30 key personnel in both sales and operations positions, including Mr. Smullen, who will become the manager of the newlyestablished Vector branch office.
The final strategic acquisition announced by Vector was a Williamsburg, VA-based provider of home integrated systems, WiredUp. The company, owned by Mr. Matt Kurdziolek, is highly active in high tech audio visual services market to both residential and commercial clients, and will help Vector increase its presence in the audio visual market. Mr. Kurdziolek will continue to manage this newly established Vector
Security office.
With these three taken into account, Vector's total acquisitions number six for the year.