Security 101 Expands National Footprint with Strategic Acquisitions
Security 101, a prominent name in the commercial security solutions sector and a subsidiary of Gemspring Capital, has made significant strides in its national expansion efforts with the recent acquisition of two established security firms: JY Security LLC and Beartooth Corporation. Both companies have been recognized for their reliable service and comprehensive security solutions in their respective markets of San Antonio and Minneapolis. This latest move marks Security 101's 21st strategic acquisition and further solidifies its position in the competitive security industry.
Expanding Presence
Founded in 2005, Security 101 has evolved into a major provider of integrated security solutions across various commercial segments, including healthcare, education, financial services, and government contracts. The recent acquisitions serve to strengthen its operational footprint in key markets where both JY Security and Beartooth have made a name for themselves.
JY Security, which has been actively delivering advanced security systems to commercial and healthcare clients in San Antonio since its inception in 2019, is a notable addition. This acquisition significantly enhances Security 101's presence in the Texas market, complementing its existing operations in Dallas and Houston. On the other hand, Beartooth Corporation, based in Minneapolis and serving the Upper Midwest since 2020, is known for its integrated security solutions aimed at enterprise clients as well as federal government accounts.
Leadership Continuity
To ensure a seamless transition, both Jeff Ye from JY Security and Jake Froiland from Beartooth will continue their roles as General Managers. Their leadership is expected to provide stability and consistency as they integrate into the larger Security 101 group while maintaining their dedication to local clients.
Greg Daly, the CEO of Security 101, emphasized that these acquisitions reflect the company's long-term strategy to consolidate high-performing regional security businesses under the Security 101 brand. He stated, “Jeff and Jake exemplify the leadership and customer dedication that drive our growth nationwide. We’re proud to welcome their teams to the corporate organization as we continue building consistency, capability, and scale across the country.”
Both Ye and Froiland expressed enthusiasm for the opportunities that lie ahead. Ye mentioned that joining the Security 101 family will allow JY Security to maintain its local focus while also benefiting from national resources. Froiland added that the collaboration with Security 101 provides a broader platform to amplify their value and innovation in security services.
Commitment to Growth
Security 101's ongoing acquisitions signify a robust commitment to growth and market integration. These new additions not only enhance their operational capabilities but also empower them to cater to complex security needs across diverse commercial markets. By integrating proven, market-leading operations, Security 101 is positioning itself as a formidable player in the security solutions industry, capable of serving complex and multi-national clients effectively.
About Security 101
With over 50 locations across the United States, Security 101 delivers a comprehensive suite of security services, covering design, installation, and maintenance of security systems including access control, video surveillance, and intrusion detection. The firm’s strategic focus on strong operational foundations provides a reliable partner for diverse commercial customers.
About Gemspring Capital
Gemspring Capital, the private equity firm behind Security 101, focuses on middle-market companies and has $5 billion in capital under management. Known for their partnership approach, they aim to foster sustainable growth in targeted sectors, including business and consumer services, healthcare, and technology-enabled services.
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