Per Mar Security Services Acquires Barone and PBSS from Iverify
December 21, 2018
DAVENPORT, Iowa – Per Mar Security Services is pleased to announce it has acquired Barone and Polk Burnett Security Systems (PBSS) from Iverify, expanding its presence in Nebraska and Wisconsin. The Barone and PBSS employees will be joining Per Mar. The PBSS business will fold in to Per Mar’s existing Duluth and Eau Claire operations. Omaha will be a new location for Per Mar in electronic security. Mark Sandler, Managing Director of SPP Advisors, LLC represented Iverify in the transaction.
Jim Fanella, CEO of Iverify said, “With Barone being a provider of security services in Nebraska for over 60 years and PBSS in Wisconsin for 27, we found it important to find a company who has the same Midwestern values and dedication to the community, employees, and customers. Per Mar’s strong local presence will deliver customers great value for years.”
Brian Duffy, COO of Per Mar Security Services, said, “This is a perfect fit – Per Mar’s focus is operating branch offices to service customers across the Midwest, while Iverify has continually grown their national accounts business. We are really excited to welcome our new team members in to the Per Mar family, and expect to be able to invest in growth in both areas.”
About Per Mar Security Services
Established in 1953, Per Mar Security Services is the largest, family-owned, full-service security company in the Midwest with more than 2,400 team members, operating in 22 branch locations and 17 satellite locations. The company provides full-service security solutions for homes and businesses including security officer services, smart home automation, burglar and fire alarms, access control, security cameras, alarm monitoring, investigative services and background checks. For more information about Per Mar Security Services, please visit permarsecurity.com.