Alarm Masters Receives Growth Investment from Argentum and Closes Two Strategic Acquisitions – Argentum
Summary
Argentums investment will enable AMC to hire additional fire and security system technicians, enhance its service capabilities and infrastructure, and pursue add-on acquisitions to support growing customer demand for its solutions. Led by co-owners Collin Trimble and Stephen Olmon, AMC has invested aggressively in software, sales, marketing, and operations to establish a scalable acquisition platform that has been purpose-built to integrate, tech-enable, and accelerate the growth of independent fire alarm, safety, and security businesses.While smaller fire alarm and security firms could benefit from being part of a larger organization, many owners are averse to selling to large strategics or private equity rollups out of concern that their employees will be at risk, customer service levels will decline, and their businesses will be torn apart and become anonymous cogs within a large machine, said Stephen Olmon, co-owner of AMC.Weve established AMC as an alternative for independent and family-owned fire alarm, safety, and security companies who are looking to achieve succession goals, unlock new growth opportunities, and gain access to new technologies and capabilities but want to ensure that theyre joining forces with a platform that will serve as a good steward for their legacies, customers, and employees, added Collin Trimble, co-owner of AMC. Based on this experience, their founder-friendly approach, and our strong chemistry with their team, we feel that Argentum is the ideal partner to help us scale AMC and execute our vision.AMC is a growing, profitable, and well-respected B2B services business, led by a team that possesses extensive operations, sales, digital marketing, and demand generation experience in the fire alarm and security industry, said Sohum Doshi, Principal at Argentum, who will join AMCs Board of Directors in connection with the investment. Under their ownership, Collin and Stephen have increased AMCs revenues, modernized the companys technology infrastructure, and institutionalized its sales and digital marketing playbook. Having successfully established an acquisition platform that has already completed its first 2 add-ons, AMC is at an inflection point with a robust pipeline of compelling commercial and strategic opportunities on the horizon.Chris Leong, Partner at Argentum added, Collin and Stephens vision for AMC aligns well with Argentums playbook and decades of experience helping founders and bootstrap entrepreneurs originate proprietary acquisitions and execute buy-and-build growth strategies particularly in frontline and mission-critical B2B services industries.