Protection 1, the second largest electronic security firm in the U.S., announced on Monday that it has acquired Wilmington, N.C.-based systems integrator Camtronic Security Integration.
In a statement, Protection 1 said that the acquisition would add "a number of high-profile accounts" to the company's ranks in several retail markets including supermarket chains, luxury goods, jewelry chains, and department stores.
"Camtronic has a strong reputation of sales, installation and service, particularly with retail national accounts. Protection 1 has put a great deal of emphasis on serving the national account market so we were highly interested in this opportunity," said Protection 1 CEO Timothy J. Whall.
Camtronic's employees, as well as its former owners will be joining the Protection 1 team.
"We were looking for a way to continue to better serve our growing base of customers and felt that Protection 1 was the perfect company with which to partner," said Camtronic Founder and President Jay Linton.
