Press Release November 2015
[et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”1_3″][et_pb_image admin_label=”Image” src=”https://titanalarm.net/wp-content/uploads/2015/11/IMG_3895-Titan-Mike.jpg” show_in_lightbox=”off” url_new_window=”off” animation=”off” sticky=”on” align=”left” force_fullwidth=”off” always_center_on_mobile=”on” use_border_color=”off” border_color=”#ffffff” border_style=”solid”] [/et_pb_image][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”left” text_font_size=”14″ use_border_color=”off” border_color=”#ffffff” border_style=”solid”]
Mike Proudfit – CEO
[/et_pb_text][/et_pb_column][et_pb_column type=”2_3″][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”left” text_font_size=”14″ use_border_color=”off” border_color=”#ffffff” border_style=”solid”]
Titan Alarm Inc.
Monday November 16th, 2015
Phoenix, Arizona—With an eye toward growing their commercial portfolio, and acquisition activity in Arizona, full service security firm Titan Alarm Inc. announced this month it has a new Utah based equity investor. This is the first equity raise for the company since it was founded in 2008. CEO Mike Proudfit said “We knew we needed to clean up our balance sheet to prepare Titan for future growth, specifically our acquisition strategy. We feel fortunate to have found a partner who shares Titan’s vision of major growth through acquisitions.” Titan has grown organically in both the residential and commercial markets and has made significant investments in their systems and people. Mike said, “All of our efforts in building a strong platform has led to being able to execute on our acquisition strategy, which begins in 2016. We will be approaching companies in the state of Arizona with talented employees. We don’t just want to acquire RMR, we want the talented people that helped generate and maintain that RMR over the years.”
Companies with RMR from access control, surveillance systems, fire alarms, and residential and commercial intrusion alarms will be great bolt on acquisitions for Titan Alarm. While the Arizona market is competitive, the management at Titan feels strongly about their position for future growth. “We love this industry and business just a little more than our competition does” said Mike Proudfit. He went on to say, “our website, our products, our marketing strategy can all be replicated, what makes us different is our culture, our people, and our passion which cannot be copied, compared or matched.” In dealing and meeting with many local security business owners Mike said, “they want to start enjoying life just a little bit more. Running billing statements at 11PM and back office headaches are just a few things preventing that personal touch or amazing service they so badly want to offer their customers.” Titan Alarm has a few acquisition opportunities lined up for 2016 and is actively searching for more talent and RMR within Arizona.