Security Source Announces Acquisition of Martco

Wilmington, MA, May 25, 2013 --(PR.com)-- LP Network, Inc., dba Security Source, announced that it completed the acquisition of the assets of Martco, Inc. today. Security Source identified Martco, a premier provider of sophisticated video surveillance products and services to quick service restaurants, banks and convenience stores, as a way to enhance is service offering to nationwide retailers.

“When my family and I decided to sell our business, we were delighted to find Security Source – a company that shares our family’s commitment to excellence in customer service,” said Spencer Martin, CEO of Martco, Inc. and son of founder Nick Martin.

“Security Source has grown dramatically over the past eight years and the addition of Martco will accelerate our growth in the video surveillance industry,” remarked Justin Wormell, President of Security Source. “We anticipate no immediate changes to the structure or operations of Martco,” he added.

Security Source, based in Massachusetts, is a leader in loss prevention providing lock & hardware, video surveillance, and access control products and services throughout North America to leading retailers, quick service restaurants, and a variety of other commercial clients. Martco, a family owned business based in Louisville, KY for over 50 years, is one of the nation's most experienced and largest providers of security and surveillance equipment.

For additional information, please visit Security Source’s website, or contact Justin Wormell, 978.314.0550.
Contact
Martco
Mark Bowling
502-635-1600
www.martcoinc.com
ContactContact
Categories