December 29, 2020, Long Grove, IL — Alarm Detection Systems (ADS) of Aurora, Ill., has acquired Illini Security Services of Sycamore, Ill. The transaction was facilitated by Davis Mergers & Acquisitions Group.
Since 1984, Illini Security has been serving both residential and commercial customers in Northern Illinois. According to a press release, the owners of Illini, Gene and Margaret Deisz, decided that after 37 years it was time to move on and sell to a larger, trusted alarm company already in their market.
“The Illini purchase represents the type of company we love — old line, well run with a host of top-notch customers," Bob Lubic, VP of ADS said in the statement. "We are fortunate that Davis Mergers & Acquisitions Group (DMAG, aka: The Graybeards), who represented Illini, brought them to us. Gene and Margaret are great people.”
“Overall, this is truly a great match for both companies,” noted Steve Rubin of DMAG. “We were proud to assist them in this important transaction.”
