BURR RIDGE, IL, April 5, 2019 -- FE Moran Security Solutions, headquartered in Illinois and a nationwide provider of electronic security, life safety, and monitoring systems, announces the acquisition of MidCo, Inc.
Paul Janik, MidCo’s President, stated the sale made sense for several reasons. “Together, we are uniquely positioned to provide customers with the most comprehensive set of security, communication, network, and life safety solutions available. FE Moran is one of the fastest growing independent security and network technology companies in the United States, has the capital structure to continue the technological growth and legacy of our company into the future, and shares the vision, mission, and values of the sixty year heritage of MidCo. There could be no better partner for either one of our companies, our customers, and our employees.”
Brett Bean, FE Moran Security Solutions’ CEO stated, “As the convergence of physical and network security continues at a rapid pace, we are committed to providing end-to-end solutions to our valued clients. To that end, the addition of the MidCo team increases our in-house expertise in key areas. MidCo’s unmatched history of providing clear solutions to complex problems complements and enhances the services we provide to our customers. The acquisition will also create learning and development opportunities for all of our team members to increase their industry knowledge. I look forward to working with Paul and his team to continue to provide the unsurpassed service MidCo customers have come to expect from this highly reputable firm.”
MidCo employees will continue to operate from offices in Burr Ridge and Bloomington, Illinois.
About FE Moran Security Solutions
FE Moran Security Solutions (www.FEMoranSecurity.com), associated with the mechanical companies of The Moran Group – in business in the Chicagoland area and family owned for more than 60 years, operates a Five Diamond, UL Listed, and FM Approved Security Operations Monitoring Center with local offices throughout the Midwest. In addition to providing customized monitoring solutions, the company designs, installs and services intrusion alarm, fire alarm, card access, video surveillance systems, and EAS/RFID systems for customers nationwide. FE Moran Security Solutions is a proud member of the Armory Capital family of companies (www.armorycap.com)
About MidCo, Inc.
Established in 1960, MidCo (www.MidCoSystems.com) is a commercial security and network systems integrator headquartered in Burr Ridge, Illinois with a branch office in Bloomington, Illinois. The company’s extensive in-house capabilities include all forms of electronic security, network infrastructure, hosted environments, and telecommunications services.