Rockbrook Alarms aqcuired by private equity firm: Omaha- a $5 billion dollar private equity group, announced April 10 that it has acquired Rockbrook Alarms. Rockbrook Alarms one of the larger full service alarm companies in the Midwest. Is involved in the selling, installation, service, and purchasing of residential and commercial security alarm systems. Rockbrook alarms has streamlined its operations with initiatives to remove docile employees, consolidate monitoring stations, and implimenting key strategic goals. Terms of the deal were not announced. Although sources say that Larry Ludwig, CEO and founder of Rockbrook Alarms - received $3.6 million cash, as well as a significant percentage of profit sharing over the next 3 years. A call to Ludwig seeking comment on the deal was not immediately returned. The new owners have stated that they will continue Ludwig's growth strategy. There will be no material changes whatsover other than to accelerate such growth and build a larger footprint. Immediate plans include opening new offices in Chicago, IL., and Denver, CO.

Updated Sep 02

Detailed Information

Location TypeSingle Location
Opening Date2006
Annual Revenue Estimateunknown
SIC Code show 1731, Electrical Work
Employeesunknown
Contactsshow