Current Electric & Alarm, which acquired McNeill Sound & Security is benefited by its scope to expand its geographical service area and more than doubled its security division revenue without adding any material administrative burden. McNeill Sound & Security retained Steve Barnett of Keystone Business Advisors to represent them in the sale of their company.
Steve of Keystone Business Advisors was able to find a strategic buyer and helped negotiate the transaction. Steve noted that “while a nationwide search was initiated to find the best strategic fit, the best match turned out to be another local security company, who is able to provide the personalized service that McNeill’s customers had come to know and rely on.”
About McNeill Sound & Security:
McNeill Sound and Security provides safe and secure alarm and camera systems and monitoring to residences and businesses. McNeill also provides phone and sound systems. McNeill uses the most recent up-to-date technology in providing these services. The company was founded in 1959 and established operations in Southern California in 1972. McNeill uses up-to-date technology, while providing a personal touch. They have developed longstanding relationships with each of their customers, while providing the best knowledge, technology, and service possible.
About Current Electric & Alarm:
Current Electric and Alarm has been serving Its geographical area in Northern California for more than 25 years. Current Electric and Alarm provides electrical services to the residential, commercial and light industry communities. They also provide a wide range of fire alarm and security monitoring systems for homes and businesses. They offer fire alarm systems for restaurants and other commercial and light industry establishments as well as security systems for home or business that provide video and audio monitoring and intrusion alarms with 24-hour monitoring.
About Keystone Business Advisors:
Keystone Business Advisors is a full-service business sales and acquisitions advisory firm. Keystone specializes in representing owners with small to medium-sized businesses with annual revenues up to $50 million. The company has experience in most industries, including manufacturing, wholesale/distribution, service, internet-related, software, contractor-related, professional practices, and healthcare. Keystone services range from pre-sale planning and providing brokers opinion of value to representing owners through the entire business sale process to keep things moving forward in an orderly manner to ensure that sensitive information is protected, uncertainty is avoided, and the best price is achieved.