SOUTHFIELD, MI – Guardian Alarm is pleased to announce that it has closed on the sale of the company to US-based investment firms Certares LP and Vanwall Holdings LLC, together with company management. For 87 years, Guardian Alarm has provided industry-leading residential and commercial security services, medical monitoring and guard services to customers throughout the Midwest.
With this new investment, Guardian Alarm strengthens its commitment to the customers it serves and looks forward to providing an enhanced customer experience through investments in new products and services. Guardian Alarm will maintain its local operations throughout Michigan and Ohio, including fully-staffed teams of monitoring, sales, installation, service and customer support professionals providing UL listed alarm, medical monitoring and guard services. The company’s central monitoring station and corporate headquarters will remain in metro Detroit where the company has been based since its founding in 1930.
David Goldstein, who has served as President since 2009, will lead Guardian Alarm as the company’s CEO, along with his entire existing management team. The company also announces that Mike Snyder,
former President of ADT Security, will join the team as Chairman and advisor to the company.
Commenting on the transaction, Mr. Goldstein said, “We see this as a great opportunity to continue the strong legacy that the Pierce family has built over the last 87 years. Our new partnerships give us the
ability to grow in all areas at a pace that Guardian has never seen, including access to capital to expand organically and through acquisitions. I’m extremely excited for our existing customers, our new
customers, and the 1,100 plus team members at Guardian. Mike Snyder and I had a successful partnership together at ADT Security, particularly in the Midwest, and I’m thrilled to be working with him again.”
Richard Pierce, whose family built Guardian Alarm from its humble beginnings in Detroit to what it is today, echoed Mr. Goldstein, “As we transition to new ownership, our entire Guardian management team
will remain involved. This transaction represents a great next phase for the company, the Pierce family, our customers, our employees and the surrounding communities.”
About Guardian Alarm
Founded in 1930 by security industry pioneer Milton Pierce, Guardian Alarm is a leading provider of residential and commercial security, medical monitoring and security guard services. Under the leadership of Milton’s sons Richard and Douglas, Guardian Alarm has grown into one of the largest independently operated security companies in the United States, with offices in Detroit, Toledo, Cincinnati and Cleveland serving customers throughout Michigan and Ohio.
About Certares LP
Certares is a US-based investment firm focused on sustainable, patient and long-term value creation. Certares investments focus on the business services sector, specifically in the travel, transportation,
hospitality, and payments industries. Certares was founded in 2012 with a consistent emphasis on partnership with management teams to drive growth and operational improvement.
About Vanwall Holdings LLC
Vanwall Holdings LLC is a private investment management firm focused on making and overseeing private equity and real estate related opportunities.
