San Antonio, TX (PRWEB) April 20, 2009
Titan Brokerage Group, Inc. announces the sale of its client Fire Quest, Inc. to Metroplex Control Systems, Inc. (MCS) a wholly owned division of Argyle Security, Inc. which is headquartered in San Antonio, Texas. The terms of the transaction were not disclosed
Fire Quest Inc. specializes in the design and installation of fire alarm detection and monitoring systems for the commercial market in Texas.
MCS, Inc. is a multifaceted company that designs and installs a wide rage of products including fire alarm systems such as access control, CCTV, door controls, and video visitation systems.
William (Bill) Cavin, president and owner of Fire Quest, said, "I am very pleased that Michael Schroeder the CEO of Titan Brokerage Group was able to find a buyer that has superior quality standards and has the capability to sustain his excellent relationships with his customers; while providing his employees an opportunity to grow with a larger company."
Sam Youngblood, COO of Argyle Security, Inc. commented, "The addition of Fire Quests' quality client base and experienced employees fits our growth strategy to build our business through organic growth and strategic acquisitions of quality companies in our existing markets."
Argyle Security, Inc., http://www.argylesecurity.com encompasses a broad range of public and private sector customers who benefit from the company's market leadership in key vertical markets and channel segments which include Corrections, Access Control, Perimeter Protection, Intrusion Protection and Fire Detection as well as electronic security systems. It serves as a single source for a wide range of security solutions, utilizing both proprietary and third-party products.
The Titan Brokerage Group, http://www.titanbrokerage.com is a professional transaction firm that specializes in the sale, acquisition, transfer or merger of businesses in the mid-market range. The company also provides consulting services to business buyers who are looking to expand their business into new markets or services.
Titan Brokerage Group is headed by four principals three of which were formerly with Rentokil Initial plc, a publicly traded international business-to-business organization based in the UK with over 70,000 global employees. With a combined 40 years experience as CEO's of large corporations in a variety of industries, Michael Schroeder, Clive Ward, Peter Simmons and Kevin Ward have managed businesses in more than 10 countries including the United States, Canada, United Kingdom, Europe and Australia. The principals have made over 200 acquisitions with transaction prices from $500k to over $150 million making them uniquely qualified to deliver superior business brokerage and consulting services to their clients.