Alert 360 Acquires Coastal Security, Opens Virginia Beach Branch
TULSA, Okla. – Earlier this month, Alert 360 announced the purchase of Coastal Security in Virginia through its leading bulk acquisition program. The company is now serving more than 5,000 new accounts in the growing Virginia market and has opened a branch in Virginia Beach. The new service territory includes Hampton, Newport News, Norfolk, Chesapeake, and surrounding areas.
As part of this acquisition, Alert 360 will now provide security service, security system upgrades, and technical support to former Coastal Security customers, including alarm monitoring from Alert 360’s company-owned monitoring centers.
“We were excited to work with our former dealer in this acquisition, as he transitions into retirement and wish him well,” says Anastasia Bottos, Alert 360 president. “We also appreciate the trust these customers place in their home and business security systems and provide them with the highest quality security services. Additionally, we are pleased to now offer them our expansive line of award-winning products. Our sales, marketing, customer support, and technology teams continually seek, develop, and introduce emerging security technologies that make our customers’ lives easier and more secure. We look forward to delivering these innovative security options and more to these customers. We also extend a warm welcome to the experienced and talented Coastal Security team members into our Alert 360 family.”
This latest acquisition follows on the heels of additional and rapid growth during the past year for Alert 360:
- Late last year, the company assumed responsibility for the ongoing service, monitoring, and technical support for VIO Security customers, under the Alert 360 brand.
- In early 2022, Alert 360 combined with My Alarm Center to deepen its service reach and presence across the country. The My Alarm Center family of companies included My Alarm Center, Hawk Security, Alarm Monitoring Service of Atlanta (AMSA), and ACS Security of Los Angeles. It also included a bulk acquisition entity that combined with Alert 360’s Authorized Alarm Dealer Program. Together, the acquisition teams have more than 65 years in the security industry.
“Our entry into this market will fuel further expansion throughout Virginia and additional, nearby states,” says Jason Grelle, Alert 360’s senior vice president of acquisitions. “With our team’s experience, innovative spirit, national service reach, and partnerships with leading technology providers, we are well positioned for growth. We are focused on combinations that make sense, smooth transitions, and strong operations on which to build. We’ll achieve this through bulk acquisitions and dealer relationships that allow us to offer our leading security services in key markets across the United States.”
Chad Dewald, regional vice president at Alert 360, is leading expansion in this new territory, and Joe Chambers, senior vice president of operations, is heading the transition of operations, the company reports.
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