SecurAmerica, a leading U.S. man-guarding security company has announced the purchase of ERMC, based in Chattanooga, Tennessee. With headquarters in Atlanta, Georgia, SecurAmerica, headed by the legendary entrepreneur Frank Argenbright, will continue its relentless focus on growth. With this expansion of infrastructure, the combined business will operate in over 650 locations, employ more than 8,000 security officers, and have annual revenues of over $300 million. SecurAmerica will now be the fifth largest U.S. security company.
Premier man-guarding service provider
“ERMC has had an outstanding reputation for service and culture that is both customer-centric and employee-obsessive. It is absolutely the right fit for us. I am also very pleased that its leadership team will remain with the organization,” said Frank Argenbright, the Executive Chairman of SecurAmerica. Argenbright further stated, “This acquisition is important to the long-term growth plans of SecurAmerica, because the Fortune 500 companies typically seek bids and contract from the top 5 man-guarding companies. We are extremely well positioned now and highly visible as the premier service provider.”
Eddie Russell, the President of ERMC said, “ERMC wasn’t for sale when we met SecurAmerica a few months back; however, we quickly realised that the compatibility, synergies, and strength as a combined team were too great not to merge for both our clients and employees’ sake. We are looking forward to learning and borrowing new methods and techniques from our modernistic and advanced partner, improving our ability to better serve our clients. We are excited about becoming a part of the team that makes Frank’s vision a reality.”
Expansions in retail and aviation vertical markets
This is a major move for SecurAmerica, which has targeted $1 billion in revenues during the next five years, and $5 billion over the next ten years. ERMC expands the vertical market opportunity with strong operations in both retail and aviation markets.
Argenbright’s commitment to delivering operational excellence has powered SecurAmerica’s rapid growth and built a reputation for the company as the premium provider of security services throughout the United States. The National Archives relies on SecurAmerica to protect the nation’s most important artifacts, including the U.S. Constitution and the Declaration of Independence.
“We are quite excited to have ERMC as a part of our company,” said Argenbright, “and we believe we have added capabilities that will continue to accelerate our growth.”