Protection 1, the largest full service security provider of business and home security in the U.S., has announced the acquisition of Hawaii-based Pacific Security Integrations Inc. (PSI). Serving the Hawaiian Islands for more than 30 years, PSI has developed into a premier integrator for Hawaii, expanding into the banking and retail sectors. PSI marks the first acquisition for Protection 1 in 2014.
PSI is led by Richard Osborne Jr., who was born and raised in Hawaii and is a 25-year industry veteran. He has worked to develop PSI's residential and commercial channels, in addition to the integration offerings. Osborne, along with his employees, will be joining the Protection 1 team.
“Our acquisition strategy has focused on bringing on capabilities and leadership,” Timothy J. Whall, CEO of Protection 1, said in a statement. “Our growth over the past three years has been largely organic, stemming from new focus, new talent and new capabilities. We are pleased to bring PSI into the Protection 1 fold and look forward to continuing to leverage Richard’s considerable expertise in this area.”
PSI was originally a branch of Sensormatic before being purchased by Mr. Osborne in 2010. “We have had experience working with Richard and his team over the past couple of years by leveraging his resources with some of our high end clients in Hawaii,” PSI Executive Vice President Dan Bresingham said in the statement. “Their ability to make the customer experience a priority, as well as Rick’s industry experience and familiarity with the market, makes them a great addition to the Protection 1 family and further extend our capabilities as a national provider.”
“Joining Protection 1 will enable us to expand our capabilities and offer more to our customers,” Osborne said. “Customers will experience a seamless transition, receiving the same excellent service they are accustomed to with PSI in addition to access to more products and services. In addition, our employees will have new opportunities for growth and training in the Protection 1 family.
For more information, visit www.Protection1.com.