RapidFire Safety & Security has announced the acquisition of Troy Alarm, a Fire Alarm and Security Services provider based in Riverside, California. This strategic move marks RapidFire's 10th acquisition since its inaugural acquisition in September 2022, underscoring the company's commitment to expanding its footprint and enhancing its service offerings. Since 1989, Troy Alarm has evolved as a full-service security integrator, focusing on customer service and relationship development in the local market. The acquisition aligns with RapidFire's dedication to delivering cutting-edge solutions and ensuring a seamless experience for its clientele.
As part of the transition, it is anticipated that all Troy Alarm employees will continue to be key members of the company post-close, playing a crucial role in maintaining and expanding RapidFire's footprint and capabilities in Southern California. Troy Alarm is an established provider of fire and intrusion alarm systems, access control, video surveillance, UL fire alarm certs, and central station monitoring, making them an ideal and valuable addition to the RapidFire platform. By combining expertise and resources, RapidFire aims to set new standards of excellence in the industry.
'I got to the point where I was working too many hours and needed to make a change,' said Greg Hillman, President of Troy Alarm. 'We started to look around for potential buyers who wouldn't completely dissolve my business and were introduced to Mike McLeod and the RapidFire team.' Hillman further explained the business rationale, stating, 'My wife and I both work a lot of hours. We didn't have the resources or the time to grow the business like I wanted to see it grow. RapidFire will give us the ability to build the company to its full potential.'
'By welcoming the Troy team into RapidFire, we're strategically bolstering our presence in Southern California,' stated Brian Modglin, RapidFire's Chief Operating Officer. 'This symbolic acquisition signifies a deliberate effort to enhance our team's expertise, broaden our range of solutions, and ultimately better serve our community. I anticipate this collaboration will yield significant benefits as we collectively strive for excellence in the realm of life safety.' This acquisition matters because it demonstrates how strategic consolidation in the fire and security industry can preserve local business legacies while enabling growth through shared resources. The implications include strengthened market presence for RapidFire, continued employment for Troy Alarm's workforce, and enhanced service offerings for customers in Southern California through combined technical capabilities and operational scale.
