Security 101 Strengthens Its Market Presence with SETEC Acquisition

On October 14, 2025, Security 101, a notable portfolio company under Gemspring Capital, announced its strategic acquisition of Security Energy Technologies Corporation, commonly known as SETEC. This move significantly enhances Security 101's offerings in the federal and commercial security solutions sectors within the Washington, D.C. region.

Founded in 1987, SETEC has built a robust reputation over the decades by delivering technical excellence and outstanding customer service. The company focuses on the design, installation, and integration of advanced security systems, including access control, video surveillance, intrusion detection, and life-safety solutions. Maintained long-term contracts speak volumes about their commitment to customer satisfaction and quality service delivery, thereby establishing SETEC as a trusted name across both government and enterprise sectors.

This acquisition is Security 101's 19th strategic move that underscores its intent to solidify its position in the Mid-Atlantic market. The company's CEO, Greg Daly, expressed enthusiasm about the acquisition, highlighting how SETEC's esteemed reputation and technical skills align seamlessly with Security 101's growth objectives.

"Bringing SETEC into the Security 101 family is an exciting step forward," stated Daly. "Their established relationships and deep knowledge of the D.C. corridor uniquely position us to enhance our service delivery to existing and prospective federal clients."

Chet Hahne and Mark Morgan, the co-founders of SETEC, have played pivotal roles in fostering the company's growth throughout its nearly four decades of operation. Robert Donnelly, a seasoned member of the leadership team, will now assume the role of General Manager, directing SETEC's activities across the Washington, D.C. region. This leadership transition aims to ensure continuity while also strategically positioning the company to capitalize on future opportunities.

“We’ve built SETEC on a foundation of hard work and integrity. Joining forces with Security 101 allows us to extend this legacy within a broader, national organization that shares our core values," remarked Hahne following the announcement.

Additionally, Donnelly emphasized that while the dedication to customer service remains unchanged, the partnership with Security 101 empowers SETEC to undertake larger, more intricate projects that span both commercial and federal arenas. This partnership augments SETEC’s capabilities by providing the backing of Security 101’s extensive national network.

The acquisition reflects Security 101's ongoing commitment to national growth, reinforcing its reputation as one of the fastest-expanding security integrators in the United States. With its sights set firmly on maintaining a significant foothold in the Washington, D.C. market, the company aims to establish a robust foundation for future growth, specifically within the realms of federal services and contracting.

About Security 101

Security 101 is a national provider of integrated security solutions, catering to a wide-ranging clientele across various sectors, including healthcare, education, and government. Established in 2005, and headquartered in West Palm Beach, Florida, the firm operates over 50 locations nationwide. Their comprehensive offerings include the design, installation, and maintenance of vital security systems such as access control management, video surveillance, and intrusion detection services.

About SETEC

SETEC, founded in 1987 and based in Chantilly, Virginia, has specialized in delivering innovative life-safety and electronic security solutions for commercial and federal clients for almost four decades. For more detailed information, interested parties can visit SETEC's website at setecinc.com.

About Gemspring Capital

Gemspring Capital is a prominent Connecticut-based private equity firm that manages over $5 billion in assets. The firm specializes in providing flexible capital solutions for middle-market companies and focuses on various sectors, including business services, software, and technology-enabled services. More information about Gemspring Capital can be found at gemspring.com.