Illini Security Acquired by Alarm Detection Systems
Sale facilitated by Davis Mergers & Acquisitions Goup
December 29, 2020, Long Grove, IL — Alarm Detection Systems (ADS), one of the largest alarm companies in the Midwest with headquarters in Aurora, IL, has acquired Illini Security Services of Sycamore, IL. The transaction was facilitated by Davis Mergers & Acquisitions Group.
Since 1984, Illini Security has been serving customers in Northern Illinois with the personal touch both homeowners and businesses deserve. The owners of Illini, Gene and Margaret Deisz, decided that after 37 years it was time to move on and sell to a larger, trusted alarm company already in their market.
Bob Lubic, VP of ADS stated that, “The Illini purchase represents the type of company we love — old line, well run with a host of top-notch customers. We are fortunate that Davis Mergers & Acquisitions Group (DMAG, aka: The Graybeards), who represented Illini, brought them to us. Gene and Margaret are great people.”
Gene stated that, “We are pleased our customers will be taken care of as they have been accustomed to. ADS has been ably serving our market for many years. They have that Midwest mentality so important to our customers.”
“Overall, this is truly a great match for both companies,” noted Steve Rubin of DMAG. “We were proud to assist them in this important transaction.”
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About Davis Mergers & Acquisitions Group
Davis Mergers and Acquisitions Group (DMAG) a full-service team that works exclusively in the Security and Integration industries. For further information, contact Ron Davis by calling 847-955-2345, email firstname.lastname@example.org, or visit: www.graybeardsrus.com.