Priority One Acquires Georgia Company
Jun 18, 2018 03:13PM
By Kathleen Maris
Greenville-headquarted Priority One Security has completed the acquisition and merger of Fleetwood Security of Cartersville, Ga. Fleetwood Security has been operated by Billy Fleetwood and other family members. For more than 20 years, Fleetwood Security has provided residential and commercial integrated security to the Atlanta metro area.This is the second acquisition for Priority One Security in the past two years and the fifth major acquisition in its 22-year history. Prior to this deal, industry publication SDM magazine ranked the firm as the 42nd-largest security integrator in the country. Priority One Security specializes in integrated security and low voltage systems for residential, small business, and commercial entities. All the employees will remain in place.
William Francis, president of Priority One Security, stated, “Priority One Security is committed to supporting our account base. Part of doing so is through controlled growth. We evaluate several acquisition opportunities each year, but only a handful fit our strategy. The Fleetwood Security acquisition strengthens our presence in the Atlanta market. It allows us to extend our support to existing clients, and the opportunity to pick up new customers, but most importantly, it’s an acquisition of talent.”
Billy Fleetwood, owner of Fleetwood Security, has been retained as district manager. All former Fleetwood Security personnel have been retained and will provide a more specialized role to better support the region. Billy Fleetwood stated, “The acquisition is more like a merger. There were so many similarities between our two great organizations, it just felt like the right move. We are excited about the future and our customers will appreciate the new products and services we will bring to the market.”
The terms of the acquisition have not been disclosed. The purchased was completed on May 31st and Fleetwood Security is now operating under Priority One Security.