Per Mar Security acquires Indiana-based Martin Security

Per Mar Security Services, a residential and commercial security firm based in Davenport, has acquired Martin Security Systems of Valparaiso, Indiana.

This deal marks Per Mar’s second acquisition of 2020.  In April, the company acquired GT Fire & Security based in Nebraska. Since the start of 2019 Per Mar has acquired a total of six companies including NECO Security, Midwest Alarm Services, Pride Security Services and All Channel Electronics.

“Robert has built a great company and wonderful team. We look forward to serving his loyal customers, and expanding service offerings,” said Per Mar Security Services COO Brian Duffy, in a statement. “I am proud of the work that we have done here in the Valparaiso area and I wanted to be sure that my customers would be well cared for, and I am happy that Per Mar is committed to doing just that.”

Per Mar was founded in the Quad Cities in 1953 and now has 2,400 employees at 24 branches. It bills itself as “the largest family-owned, full-service security company in the Midwest.”

The terms of the deal were not disclosed.