Alarm Masters Receives Growth Investment from Argentum and Closes Two Strategic Acquisitions

Spring, TX –  November 12, 2024 –  Alarm Masters Corporation (AMC), a leading provider of fire alarm, safety, monitoring, and security services, has received a strategic growth investment from Argentum, a founder-friendly growth equity firm that has helped bootstrapped B2B services and software companies accelerate growth and execute buy-and-build strategies for over 30 years.  Argentum’s 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.  In connection with Argentum’s investment, AMC has closed its first 2 strategic account acquisitions (Alif Security and Royal Protection Group) which further expand the company’s footprint and service capabilities in the Houston metropolitan market.

Serving thousands of commercial and residential clients, AMC has delivered fire alarm, safety, monitoring, and security services throughout South and Central Texas for over 35 years.  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.

“We’ve 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 they’re 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.  “Argentum has a long successful track-record helping bootstrapped B2B services businesses originate and execute strategic acquisitions, and become market leaders.  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 AMC’s Board of Directors in connection with the investment.  “Under their ownership, Collin and Stephen have increased AMC’s revenues, modernized the company’s 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 Stephen’s vision for AMC aligns well with Argentum’s 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.  We appreciate the trust that AMC has invested in Argentum and are looking forward to our partnership.”

 

About Alarm Masters
Alarm Masters Corporation (AMC) has served the fire alarm, safety, monitoring, and security services needs of South and Central Texas for over 35 years, serving thousands of private and public organizations including commercial businesses, non-profit organizations, municipalities, religious institutions, and healthcare organizations. AMC has also been known locally as an acquisitive organization and the current leadership plans to maintain that legacy of trust and stability as they continue acquiring high quality, local operators in the coming years.

 

About Argentum
Argentum is a New York-based growth equity firm that has helped bootstrapped and founder-led B2B services ($5 million to $50 million in revenues) and software ($5 million to $25 million in revenues) companies accelerate growth and execute buy-and-build strategies for over 30 years. The firm provides capital to scale organic initiatives, fund acquisitions, and / or generate shareholder liquidity.  Argentum has invested in over 100 companies, supported more than 200 add-on acquisitions, been named to Inc’s list of Founder Friendly Investors list for multiple years, and received the U.S. SBA’s SBIC of the Year award.  Argentum fills the growing gap between early-stage venture capital investors and later stage growth equity / private equity firms by targeting capital-efficient companies seeking $5 million to $15 million of equity capital