Atlanta, GA, February 10, 2021 – Ackerman Security Systems announced the sale of assets to ADT. Concurrent with the sale, Ackerman signed up to be an authorized ADT dealer. The Edmonds Group served as exclusive financial advisor to Ackerman for the transaction.
Rich Perry, President of Ackerman said, “We’re very excited to be partnering with ADT. The partnership will give us access to significant additional resources and allow us to expand the services we provide to customers, including the latest innovations in smart home security.” “Henry Edmonds and his team worked persistently and creatively to help us successfully negotiate an extremely complex transaction. We could not have gotten it done without their assistance.”
“The combination allows ADT to strengthen its position as the #1 security company in the U.S.,” said Henry Edmonds, President of The Edmonds Group. He added, “I am confident that Rich and his team will be great partners for ADT.”
Headquartered in Atlanta, Ackerman was the 15th largest security company in the U.S. according to SDM Magazine’s 2020 ranking. ADT, headquartered in Boca Raton, FL, ranked number one.
About Ackerman Security Systems
For almost 50 years, Ackerman Security Systems has been metro Atlanta’s largest and most respected security company. The company offers comprehensive services to both residential and commercial customers. In addition, through planned and organic growth, the company has expanded its commercial division into 48 states. For more information, please visit www.ackermansecurity.com.
About ADT
ADT is a leading provider of security, automation, and smart home solutions serving consumer and business customers through more than 200 locations, 9 monitoring centers, and the largest network of security professionals in the United States. The company offers many ways to help protect customers by delivering lifestyle-driven solutions via professionally installed, do-it-yourself, mobile, and digital-based offerings for residential, small business, and larger commercial customers. For more information, please visit www.adt.com.
About The Edmonds Group, LLC
The Edmonds Group is a specialized investment bank focused on recurring revenue businesses with a particular emphasis on the security alarm industry, the PERS industry and related verticals. The Edmonds Group has closed over 60 transactions representing $4 billion in transaction value since its inception in 2004. For more information on The Edmonds Group, visit www.theedmondsgroup.com.