SSHS Safeguard Security Holding, Inc. featured news, full reports, and detailed charts
Safeguard Security Holding, Inc. (SSHS/SSHS.PK) Wrap Up:
Safeguard Security Holdings, Inc., through its subsidiaries, provides security solutions in the United States. It offers a suite of digital electronic security systems and physical security personnel to large corporate and industrial users, as well as government agencies. The company provides security services ranging from trained armed and unarmed guards to the design, installation, and maintenance of digital security systems. Its security services include integrated security systems comprising a command center managing subsystems, primarily access control systems, closed circuit television systems, digital recording systems, intrusion detection systems, remote monitoring systems, alarm mon...Safeguard Security Holding, Inc. (SSHS:OTC)
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Market Cap
8.4K
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Total Revenue
29.0M
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EBITDA
5.2M
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DILUTED EPS TTM
-5.97
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P/E
--
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P/S
--
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Return On Asset
--
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Return On Equity
--
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| K = Thousands M = Millions B = Billions | ||
SSHS Top Compensated Officers
Executives, Board Directors
Key developments for Safeguard Security Holding, Inc. (SSHS)
Safeguard Security Holdings Inc. announced that it has expanded its services into the extensive high-rise residential market through its SGI Protective Services division in Dallas, Texas. The business unit is expected to grow rapidly through its existing relationships with its commercial clients, which have real estate holdings in the high-rise residential market. The newly formed division specializes in guard and patrol services to the luxury high-rise residential properties located in downtown, midtown and uptown Dallas. The DFW metroplex is experiencing a tremendous amount of newly completed residential construction projects in its urban areas; and in all apartment styles including luxury high-rises, condos, townhomes, and lofts. Many properties were completed in 2009, and more properties will be completed in 2010, thus providing a substantial need for specialized security services.
Safeguard Security Holdings, Inc. announced that it has expanded its services into the extensive high-rise residential market through its SGI Protective Services division in Dallas, Texas. The business unit is expected to grow rapidly through its existing relationships with its commercial clients, which have real estate holdings in the high-rise residential market. Safeguard's CEO, R. Michael Lagow, stated, "Our strategic plan is to diversify our revenue base and grow our wholly owned business units organically with our existing sales staff, and through acquisitions. SGI's new residential security division is indeed in step with our overall strategic plan and promises to bring another $1.5 million in profitable revenue to our firm in 2010. Our existing client base presented this opportunity to us, so we can't take full credit for entering into this new market." Lagow added, "We have also expanded our SEARCHglobal division, which specializes in web-based background checks, and we will be making announcements within the next few days regarding our most recent acquisition. These two expanded service units are accretive to the Company's overall value and supports Safeguard's long-term development strategy."
Safeguard Security Holdings Inc. announced that the majority shareholders have elected Michael Gelmon and Cory Gelmon as Directors of the Board. Mr. Michael Gelmon has replaced Mr. Tom Montgomery as Chairman of the firm and Cory Gelmon has been elected Director and appointed as the new Chief Financial Officer, replacing Mr. Dan Miller. Both Messrs Gelmon have been and are currently Officers and Directors of various publicly traded companies. Previously, the Gelmons were founding shareholders, Directors and Officers of the Domino's Pizza of Canada Ltd. (the Domino's Pizza Master Franchisor in Canada).
SSHS Competitors
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Industry Analysis
| Valuation | SSHS | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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SSHS transactions
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| No transactions in the last 6 months. | ||
More Recent News About Safeguard Security Holding, Inc.
More news for SSHS
Safeguard Subsidiary Acquires Stake in Web-Based Background Checks Company
DALLAS--(BUSINESS WIRE)--Safeguard Security Holdings, Inc. (Pink Sheets:SSHS), a provider of corporate, industrial and residential security solutions, announces today that its subsidiary, SEARCHglobal, Inc., has acquired a 41% stake in Premier Background Search, Inc. (PBS), for an undisclosed price. PBS (www.pbs-usa.com) is an internet based background investigations company, which provides consumers and businesses with a web-based automated background screening tool, that searches over 300 million records nationally, and provides an instant response to the inquiry. Searches are guaranteed to be accurate with information gathered from its approved national databases. The search includes criminal records, credit history, and driving history. Customized solutions are available to meet the unique needs of large volume users and the service can integrate to a company’s HR platform for automated checks.R. Michael Lagow, CEO for Safeguard, stated, “In June of this year, we formed SEARCHglobal ...Click here to read the whole Article (external link)
Safeguard Business Unit Begins Construction on New IP Video Monitoring Center
DALLAS--(BUSINESS WIRE)--Safeguard Security Holdings, Inc. (Pink Sheets:SSHS), a provider of corporate, industrial and residential security solutions, announces today that its subsidiary, SYSTEMSgroup Security Technologies, will begin construction this week on its new IP video monitoring center located at its headquarters in Dallas, Texas. SYSTEMSgroup’s Vice President of Engineering, Max W. Cook, P.E., will oversee the construction of the new center. Mr. Cook stated, “We are most excited about our video monitoring center and what it brings to SYSTEMSgroup and our clients. We have entered into an agreement with a company specializing in IP video monitoring that offers a unique approach to remote real-time monitoring of IP video. Our corporate division will announce additional details on this alliance within the next few days.â€R. Michael Lagow, CEO for the parent company to SYSTEMSgroup, stated, “The construction of this center begins a new era for SYSTEMSgroup and its sister companies. Additional announcements with be forthcoming within the next couple of weeks regarding the video technology and deployment of services that this center will offer. It has been designed with the latest leading-edge IP video technology and services. This center will set a new standard in video monitoring analytics that will further separ...Click here to read the whole Article (external link)
Safeguard Business Unit Announces Security Services to Gables Residential
DALLAS--(BUSINESS WIRE)--Safeguard Security Holdings, Inc. (Pink Sheets: SSHS), a provider of corporate, industrial and residential security solutions, announces that its subsidiary, SGI Protective Services, has entered into an agreement to provide security services for Gables Villa Rosa, a Gables Residential Property in Dallas, Texas. Gables Residential has received national recognition for excellence in the management, development, acquisition and construction of luxury multi-family communities in high job growth markets likewise to Dallas. Gables Residential is a privately owned REIT, which owns, develops and manages multi-family communities and mixed-use developments in Atlanta, Austin, Dallas, Houston, South Florida, Southern California, and metropolitan Washington DC. Additionally it has third-party management operations in the Chicago, New York, Phoenix, Central & North Florida, and Washington State markets. Currently, the company manages over 35,000 apartment homes, owns 63 communities with nearly 17,000 units and has an additional 20 communities in lease-up or under development. The additional pipeline development represents over 5,000 new apartments and a variety of mixed-use spaces in all of its markets. SGI’s Vice President of Operations, Shelly Anderson, stated, “We are excited to have Gables as a cornerstone client...Click here to read the whole Article (external link)
Safeguard Division Expands Security Service to Residential Market
DALLAS--(BUSINESS WIRE)--Safeguard Security Holdings, Inc. (OTC:SSHS), a provider of corporate and industrial security systems and personnel, announced today that it has expanded its services into the extensive high-rise residential market through its SGI Protective Services division in Dallas, Texas. The business unit is expected to grow rapidly through its existing relationships with its commercial clients, which have real estate holdings in the high-rise residential market. The newly formed division specializes in guard and patrol services to the luxury high-rise residential properties located in downtown, midtown and uptown Dallas. The DFW metroplex is experiencing a tremendous amount of newly completed residential construction projects in its urban areas; and in all apartment styles including luxury high-rises, condos, townhomes, and lofts. Many properties were completed in 2009, and more properties will be completed in 2010, thus providing a substantial need for specialized security services.Safeguard’s CEO, R. Michael Lagow, stated, “Our strategic plan is to diversify our revenue base and grow our wholly owned business units organically with our existing sales staff, and through acquisitions. SGI’s new residential security division is indeed in step with our overall strategic plan and promises to bring another $1.5 millio...Click here to read the whole Article (external link)