FE Moran Security Solutions, primarily based right here, introduced the acquisition of MidCo Inc. of Burr Ridge, Ill., for undisclosed phrases. Based in 1960, MidCo is a business safety and community methods integrator with a department workplace in Bloomington, In poor health. The corporate’s in-home capabilities embody all types of digital safety, community infrastructure, hosted environments and telecommunications companies.
“Because the convergence of bodily and community safety continues at a speedy tempo, we’re dedicated to offering end-to-end options to our valued shoppers. To that finish, the addition of the MidCo staff will increase our in-house experience in key areas,” states Brett Bean, FE Moran Security Solutions’ CEO. “MidCo’s unmatched historical past of offering clear options to complex issues complements and enhances the companies we offer to our clients.”
Within the announcement, MidCo President Paul Janik states the sale made sense for several causes.
“Collectively, we’re uniquely positioned to offer clients with essentially the most complete set of safety, communication, community and life-security options out there. FE Moran is among the quickest rising unbiased safety and community expertise corporations in the US, has the capital construction to proceed the technological development and legacy of our firm into the long run, and shares the imaginative and prescient, mission, and values of the 60-year heritage of MidCo,” he explains. “There may very well be no higher companion for both of our firms, our clients, and our workers.”
MidCo staff will proceed to function from workplaces in Burr Ridge and Bloomington.
The acquisition may also create studying and growth alternatives for all FE Moran group members to extend their trade information, Bean continues. “I sit up for working with Paul and his staff to proceed to offer the unsurpassed service MidCo prospects have come to count on from this extremely respected agency.”
FE Moran Security Solutions, related to the mechanical firms of The Moran Group, operates a Five Diamond-certified, UL Listed and FM-accredited safety operations are monitoring heart with native workplaces all through the Midwest.