Utah-based AvantGuard, a Becklar Company, Tuesday announced the acquisition of Armstrong’s National Alarm Monitoring, including its monitoring facilities and offices in Dartmouth, N.S., Moncton, N.B., Montreal, and Edmonton.
A wholesale monitoring provider, Armstrong’s opened its first station in 1989 and currently serves more than 800 dealers. According to AvantGuard, the acquisition increases its number of North American monitoring centres to eight.
“AvantGuard is the perfect match for Armstrong’s Monitoring. Both organizations share an intense commitment to service with core values built around genuinely caring for the safety and wellbeing of others,” said Armstrong’s founder Gary Armstrong in a company statement.
“The Armstrong’s brand is the model of commitment and caring to their dealers,” added Justin Bailey, president of AvantGuard. “In sharing the same passion and commitment for servicing our dealers and their customers, we are happy and proud to welcome the Armstrong’s team and brand into the AG family.”
The Armstrong’s facilities will continue to operate under the Armstrong’s banner and will retain existing employees. Gary Armstrong will remain with the company as a strategic advisor.
AvantGuard said it will invest in Armstrong’s facilities with an initial investment of over half a million dollars in the first year.
Gary Armstrong was inducted into the SP&T News Hall of Fame in 2020 for his services and dedication to the security industry. “Over the years, you learn a lot. I have surrounded myself with really good people,” Armstrong told SP&T in 2020. “I believe in this industry… I’ve got lots of good friends in the industry and I have really enjoyed it.”
AvantGuard was recently awarded the 2022 Monitoring Center of the Year award by The Monitoring Association.
Armstrong’s and AvantGuard will both be exhibiting at the Security Canada Central conference next week, where they will make their first public appearance as a combined entity.
The deal was facilitated for Armstrong’s by Deloitte Corporate Finance Inc., the Deal Champions. The advisor to AvantGuard was Vertex Capital.
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