State Systems Acquires Two Companies in 30 Days
State Systems, Inc. recently completed two company acquisitions that further expand the company’s existing reach for fire protection services and for communication systems in the health care sector.
State Systems acquired Ver-Max Inc., a fire protection company located in Corinth, Mississippi, on Friday, May 1. Long-known for its fire protection and suppression services in the Mid-South, the move allows State Systems to expand its reach in the North Mississippi area and offers existing Ver-Max customers access to additional offerings through State Systems’ comprehensive line of fire protection and technology services. State Systems garnered approximately 500 active customer accounts within a 50-mile radius of Corinth, and all Ver-Max full-time employees have joined State Systems’ existing team servicing the North Mississippi area.
On Monday, June 1, State Systems acquired Memphis-based ESI Companies Inc. – a technology company known as the major provider of premier nurse call systems for Mid-South hospitals and health care facilities. The ESI acquisition reinforces State Systems’ existing work in the health care realm, such as assisting facilities in achieving compliance standards through targeted reporting, and positions the company as the market share leader for health care communication systems in the Mid-South. As part of the transaction, State Systems secured George Price – a 34-year veteran of ESI’s health care division who will lead the effort for State Systems. The company will garner a substantial number of new accounts as part of the deal.
State Systems’ total staff increases to 127 employees after both acquisitions and the two transactions mark the fifth and sixth acquisitions in nearly 10 years for the family-owned protection and life safety systems company.
For more information on these transactions or services offered by State Systems, contact Graham McBride at (901) 531-6571.
State Systems has proven to be a consistently dependable partner in completing their assigned portion of the project on-time and in budget.Cole H. Dennis Read More