Titan Alarm Acquires Arrow Security Design
Titan Alarm Inc. finished out the year strong as they closed on acquisition number three on September 30th, 2016. Arrow Security Design, LLC. was owned and operated by Ray Millazo of Scottsdale Arizona. “Ray has been in the business for more than 30 years and was able to generate some long time customers in the Phoenix and Scottsdale areas,” said Mike Proudfit. “Ray felt like it was time for him to retire after running the business after so many years of providing excellent service to his customers. It was an honor to have the opportunity to purchase his account base as I know Ray did go to market and discussed selling his accounts with more than three companies after which he ended up selecting Titan Alarm Inc.”
Ray Milazzo is well connected in the Alarm industry and was able to make a few phone calls and review multiple offers. After doing so, the choice was clear to him. Ray felt that not only was Titan Alarm Inc. offering the best price for his account base, but that the company was best suited to offer his customers the newest technology and service options going forward in the changing industry. Arrow Security Design, LLC. was an even mix of commercial/residential monitored security accounts sprinkled across old Scottsdale and the greater Phoenix area. “This was a perfect acquisition for Titan Alarm Inc. and we were able to close within a few weeks streamlining the acquisition process.” said Proudfit.
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Updated by Titan Alarm on November 5, 2018.