World Wide Security Grows N.Y., N.J. Footprint With CCTV Security Acquisition
GARDEN CITY, N.Y: World Wide Security has acquired full-service electronic security systems integrator CCTV Security for an undisclosed amount.
The deal, which closed July 17, will bring World Wide’s annual revenues to more than $10 million, Newsday reports.
Founded more than 40 years ago, CCTV Security of Long Island City specializes in high-end security solutions, such as perimeter, biometrics, barrier, video surveillance and access control for foreign governments, museums, galleries, parking facilities, offices, hotels and high-rise apartment buildings. The acquisition of CCTV Security allows World Wide Security to expand its footprint in New York City, Long Island, New Jersey and Westchester County.
“We chose CCTV Security because of their strong CCTV and access control presence in New York City, an area where we wanted to concentrate on,” World Wide Security President and CEO Kenneth Mara says. “Their client base is comprised of blue-chip corporations that will now be able to purchase additional security services that were not available through CCTV Security such as intrusion detection, fire and smoke alarm systems and monitoring.”