Synergy Systems Acquired by FE Moran Alarm
Long Grove, IL February 23, 2011 — Synergy Systems, Inc. of Monroe, CT. has concluded the sale of their National Account base to FE Moran Alarm of Champaign, IL.
Brett Bean, President of FE Moran Alarm stated that “the Synergy purchase is a perfect fit for our growing National Account footprint. The two principles, Mike Madden and Matt Ernest, are the primary reasons for concluding this transaction. Their expertise will be put to use immediately to help build our National Accounts division.”
Mike Madden agreed that “this makes sense for Synergy as FE Moran Alarm will provide the financial fuel to accelerate our growth process”
Steve Rubin and Katie Bally of Davis Mergers and Acquisitions Group represented Synergy in the sale to FE Moran Alarm.
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For further information, please contact Ron Davis at 847-955-2345, rdavis@graybeardsrus.com.