Per Mar Acquires Pair of Security Companies From Iverify
DAVENPORT, Iowa December 23 2018— Per Mar Security Services has acquired two security companies from from Iverify, expanding its presence in Nebraska and Wisconsin.
The acquired companies are Barone Security Solutions of Ralston, Neb., and Polk Burnett Security Systems (PBSS) of Frederic, Wisc. Terms of the transaction were not disclosed.
Employees from Barone Security and PBSS will be joining Per Mar, according to an announcement. The PBSS business will fold in to Per Mar’s existing Duluth, Minn., and Eau Claire, Wisc., operations. Barone Security, which has provided security services to Omaha and the surrounding area since 1951, represents a new service location for Per Mar.
“This is a perfect fit,” states Brian Duffy, COO of Per Mar Security Services. “Per Mar’s focus is operating branch offices to service customers across the Midwest, while Iverify has continually grown their national accounts business. We are really excited to welcome our new team members in to the Per Mar family, and expect to be able to invest in growth in both areas.”
Iverify is a full-service security company providing life safety, loss prevention, cyber breach reduction, and brand protection services.
“With Barone being a provider of security services in Nebraska for over 60 years and PBSS in Wisconsin for 27, we found it important to find a company who has the same Midwestern values and dedication to the community, employees, and customers,” says Iverify CEO Jim Fanella. “Per Mar’s strong local presence will deliver customers great value for years.”
Mark Sandler, managing director of SPP Advisors represented Iverify in the transaction.
Established in 1953, Per Mar Security Services is the largest, family-owned, full-service security company in the Midwest with more than 2,400 team members, operating in 22 branch locations and 17 satellite locations.
The company provides full-service security solutions for homes and businesses including security officer services, smart home automation, burglar and fire alarms, access control, security cameras, alarm monitoring, investigative services and background checks.
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