Security 101 Expands Its Northeast Footprint with Dorrian Properties Acquisition
In a significant move to bolster its presence in the Northeast region, Security 101 has announced the acquisition of Dorrian Properties LLC, a notable franchise operator with strong operations in both Pittsburgh and Philadelphia. This acquisition marks the 18th strategic initiation for Security 101, which is a well-regarded provider of comprehensive commercial security solutions across the United States.
Founded in 2016, Dorrian Properties has carved a niche by delivering integrated security ecosystems tailored for complex environments, particularly in higher education. Under the stewardship of industry veterans Michael and Emily Dorrian, the company has established a reputation for excellence and customer satisfaction through high-level integration and a focus on unifying fragmented security systems.
Greg Daly, the CEO of Security 101, expressed enthusiasm about the acquisition, emphasizing the strong track record and operational knowledge that Dorrian Properties brings to the table. “Dorrian Properties has been an exceptional operator within the Security 101 network for nearly a decade. Their deep expertise in higher education and client-focused approach align perfectly with our corporate vision. By combining our national resources with their local strengths, we anticipate robust growth opportunities in both Pittsburgh and Philadelphia,” stated Daly.
Michael Dorrian will take on the role of General Manager, overseeing the operations of Security 101 in the newly acquired markets. “We take immense pride in what we've developed in Pittsburgh and Philadelphia,” shared Dorrian. “As we transition to join the Security 101 family, we are excited about the enhanced support and capabilities that this partnership will enable us to deliver. Our commitment to providing dependable and effective security solutions will continue, supported by Security 101’s extensive resources.”
This strategic acquisition aligns with Security 101's broader strategy of expanding its influence through franchise conversions and partnerships with independent integrators. As the company continues to extend its operational footprint across various U.S. regions, acquisitions like Dorrian Properties allow them to better serve enterprise clients who need consistent and high-level security across multiple locations. The unified brand can provide comprehensive solutions tailored to meet increasing security demands.
Security 101 specializes in a wide range of security services, including designing, installing, and maintaining systems for access control, video surveillance, intrusion detection, visitor management, and managed services. Established in 2005 and operating from West Palm Beach, Florida, the company boasts over 50 locations nationwide. As it continues on this growth trajectory, Security 101 is well-positioned to address the evolving security needs of diverse industries, including healthcare, education, finance, and government.
Behind Security 101’s growth is Gemspring Capital, a private equity firm based in Westport, Connecticut. With $3.8 billion in assets under management, Gemspring capitalizes on middle-market companies and partners with management teams to facilitate revenue growth and create long-lasting competitive advantages. This partnership is sure to leave a strong mark on the security landscape in the Northeastern United States and beyond.
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