Alarm Capital Alliance Expands Footprint in New Mexico
November 4, 2014 (Newtown Square, Pa.) - Alarm Capital Alliance ("ACA") has acquired accounts from Khalsa Tech in the Santa Fe, NM metro area as part of its regional growth strategy. The newly acquired customers will continue to receive the same great, local customer service by knowledgeable service technicians, while gaining access to the most technologically advanced security products the industry has to offer. Terms of the deal, which was finalized on November 3rd, 2014, were not disclosed.
"This is a quick, strategic acquisition for ACA in one of our key markets where we have the infrastructure in place to efficiently onboard new accounts," said Amy Kothari, President and CEO of ACA. "We are pleased to add these customers to our expanding base in New Mexico and we look forward to providing the same, excellent customer service they have grown accustomed to."
"Khalsa Tech is a well-run company with a legacy of providing outstanding customer service. ACA provided a structure to the deal that allowed the owner to continue his longstanding relationship with the customer base," said Jason Grelle, Vice President of Business Development for ACA. Drue Thomas, Acquisitions Manager, of ACA coordinated the acquisition. Assisting Guru Jai Khalsa in the sale of Khalsa Tech to ACA was Steve Rubin, Davis Mergers and Acquisitions Group.