[SDM Magazine – 12/21/20] Doyle Security Systems Inc., a provider of residential and commercial security, fire and medical monitoring systems in Upstate, Western and Central New York as well as Western Pennsylvania has announced the acquisition of two security companies: Hart Alarm in Albany, N.Y. and Austin Security in Olean, N.Y.
Doyle acquired 4,000 alarm accounts from Hart Alarm. Family owned and operated, Hart Alarm has served the Capital District region since 1974. The customer base features a roughly 70/30 mix of residential and commercial accounts. Doyle will welcome ten former Hart employees in the merger.
The business will be combined with Doyle’s existing office in Albany, N.Y. and will create a dominant market position in the region.
Founded in 1972, Austin Security provided commercial and residential security services and locksmithing to Olean, Cattaraugus, Allegany, McKean and Potter counties, as well as the Southern Tier and Northwestern Pennsylvania. Doyle will monitor and service the 450 alarm accounts, while Austin will maintain its locksmithing operations. The alarm customer base is 70 percent commercial and 30 percent residential. Doyle will also be bringing on two employees in the merger.
“We are incredibly excited to team up with the employees and customers of these two exceptional companies,” said Doyle Security President and Chief Executive Officer John G. Doyle, Jr. “Both the Hart family in Albany and the Austin and Barie families in Olean have developed terrific customer and employee relationships. We are proud to carry on their respective traditions of providing quality service and being great paces to work.”
These mergers mark Doyle’s third and fourth acquisitions of 2020, having previously acquired Titan Security in Syracuse, N.Y. and Eltec Security in Geneva, N.Y.
This is Doyle Security System’s fifth acquisition since celebrating its 100th anniversary on March 17, 2019.