Safeguard acquires Protection Systems

According to a story published this week by the Arizona Republic, CCTV and security systems installer Safeguard Security & Communications has acquired Phoenix-based Protection Systems, which installs and monitors fire alarm systems.

Terms of the deal were not disclosed, but Safeguard CEO John Jennings told the paper that there would not be any layoffs. The deal is expected to bolster Safeguard’s installation business, which Jennings indicated had weakened along with the area’s commercial real-estate market.

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