#USA #Security 101 #Gemspring Capital #Eos Surveillance #Flint

Security 101 Expands Capabilities with Eos Acquisition

Security 101, a leading provider of comprehensive commercial security solutions and a portfolio company of Gemspring Capital, has made a significant move with the acquisition of Eos Business Surveillance Solutions, a Flint, Michigan-based firm known for its expertise in video surveillance, access control, and innovative mobile surveillance solutions. This strategic acquisition comes as Security 101 seeks to broaden its offerings and enhance its ability to serve both local and national clients.

Founded in 2005 by Chad Miller and Francis Ralabate, Eos has established a strong reputation in the security sector as a trusted provider of tailored security solutions. Armed with a wealth of experience in the field, Eos adds valuable resources to Security 101, particularly in the domain of mobile surveillance, which includes both trailer sales and leasing solutions. This is particularly timely, as the demand for advanced security solutions continues to surge in various sectors.

Greg Daly, CEO of Security 101, expressed enthusiasm about the acquisition, highlighting it as a pivotal moment for the company. “This marks an exciting milestone for Security 101,” he stated. “By expanding our footprint in Michigan, we’re not only enhancing our traditional security integration capabilities but also introducing our customers to mobile surveillance trailers, which represent an innovative solution addressing current industry needs.”

The emphasis on mobile solutions is crucial in today’s security landscape, where flexibility and adaptability are paramount. With Eos’s capabilities in mobile surveillance trailer technology, Security 101 positions itself to meet the dynamic needs of its diverse customer base, which spans industries including healthcare, education, financial services, and government.

Post-acquisition, Francis Ralabate is set to continue leading the Flint-based Eos team, ensuring a seamless transition while maintaining the high standards of innovation and service that Eos is known for. Ralabate shared his excitement about the new partnership, noting that it allows Eos to scale its operations further while focusing on its distinct mobile surveillance solutions. He stated, “I’m thrilled to present these advancements to a broader audience and support our dedicated Flint team in delivering exceptional service to our clients.”

The integration of Eos's specialized mobile surveillance solutions represents a vital enhancement to Security 101’s existing security services portfolio. By combining strengths, the two entities aim to create greater value for clients through an expanded array of cutting-edge security technologies, ultimately reinforcing Security 101’s commitment to delivering top-notch service and innovation.

Founded in 2005 and headquartered in West Palm Beach, Florida, Security 101 operates over 50 locations throughout the United States, providing a comprehensive suite of security services, including the design, installation, and maintenance of various security systems. The company focuses on integrating solutions that adapt to the unique needs of various sectors, ensuring that clients receive tailored support.

Gemspring Capital, based in Westport, Connecticut, with $3.8 billion in capital under management, aims to invest flexibly in middle-market companies, emphasizing partnerships that promote growth and competitive advantage. Through this acquisition, Security 101 not only bolsters its service offerings but also reinforces its growth strategy, adapting to the evolving security landscape.

In conclusion, the acquisition of Eos Business Surveillance Solutions marks a significant step forward for Security 101, as it embarks on its mission to enhance security measures with innovative solutions, ultimately aiming to provide unparalleled service to its growing clientele. This partnership is a testament to both companies’ dedication to adapting to the shifting demands of the security industry.