Zeus Fire & Security , a portfolio company of Baltimore-based Access Holdings, today announced a new partnership with Universal Atlantic Systems, a Philadelphia-based national provider of integrated security systems that will make Zeus one of the top 15 largest1 fire and security providers in the U.S. UAS President Scott Elkins, who has more than 30 years of experience in the industry, will become the CEO of Zeus. As a mid-market investment firm specializing in buy-and-build strategies, Access Holdings partners, scales, and innovates to build enduring businesses. Access Holdings will support both UAS and Zeus’ future growth, recruit best-in class talent and leadership, implement and develop new digital tools, identify M&A opportunities, and provide long-term strategic guidance.
“Access Holdings is committed to supporting ambitious entrepreneurs who seek partners to help grow and scale their businesses,” said Access Holdings Partner Michael Rodgers. “Under Scott’s leadership, UAS has become a leader in integrated security systems, especially within the National Accounts vertical. Access is thrilled to partner with Scott and utilize his expertise to help Zeus become the modern and contemporary leader within the fire and security industry across
North America.”
Zeus Fire & Security was formed in 2021 as a platform business to partner with and scale leading fire and security operators in premier markets. UAS, which has been operating for more than 50 years, marks the third leading fire and security provider to partner with Zeus since the beginning of 2022, joining Alert Alarm Holdings based in Hawaii and SMG Security based in Chicago, Illinois. With over 27,000 customers, a presence in three major geographies, and capabilities to serve customers in all 50 states and Canada through UAS’s extensive field network, Zeus has quickly become a leading provider of commercial fire protection, access control, alarm, and video security services to commercial and high-end residential customers across North America. Zeus will continue to conduct a high-velocity buy-and-build strategy as well as implement a centralized shared services model, including central monitoring and strategic digital marketing resources, intended to support rapid growth for our partner companies in their respective markets.
“For more than 50 years, UAS has organically grown with no outside capital into a market leading business providing high end security services to large national account commercial customers,” said Scott Elkins, Incoming CEO of Zeus Fire & Security and Former President of UAS. “We are excited to begin a new chapter in partnership with Zeus and Access Holdings to create the premier fire and security player in the space.”
UAS is a family-owned provider of integrated security services with national accounts presence headquartered in the Philadelphia region that has grown organically and built a trusted local brand since 1972. UAS currently protects more than $15 billion in commercial assets for a diverse client base, including Fortune 500 major brand name businesses in many core vertical markets, such as food service providers, convenience stores, retailers, and asset-intensive outdoor facilities. UAS will keep its well established and trusted local brand name under this new partnership. Goodwin Procter LLP advised Access on the transaction.
About Access Holdings
Access Holdings Management Company LLC is a Baltimore-based middle-market investment firm with over $2.1 billion in assets under management. Founded in 2013, Access provides high-quality, direct investments opportunities to create concentrated portfolios of essential service-based businesses in North America. We undertake active buy-and-build strategies, pursuing what we want to own, great markets and distinct business models. In doing so, Access partners with and supports exceptional, passionate, visionary leaders to grow and scale businesses.
For more information, please visit www.accessholdings.com.
About Zeus Fire & Security
Zeus Fire & Security was established in 2021 to build a national network of fire protection and security providers recognized for execution excellence across a variety of service lines and end markets. Zeus addresses customers’ commercial and residential fire protection and security needs through a broad array of services from mission critical fire system installation, testing, and inspection to physical security system installation and video monitoring. Zeus was established with the singular purpose of partnering with industry-leading fire and security operators who are seeking a collaborative growth partner dedicated to inspiring and accelerating the long-term growth of business and team members.
For more information, please visit https://www.zeusfireandsecurity.com
About Universal Atlantic Systems (UAS)
Since its founding in 1972, UAS and its employees have helped redefine the meaning of integrated security services in the industry. Headquartered in suburban Philadelphia, UAS is a national provider of integrated security services protecting over $15 Billion in commercial assets for a diverse client base including: food service providers, convenience stores, retailers and asset-intensive outdoor facilities . UAS provides a number of services to its clients such as:
• Comprehensive Security Analyses
• Intrusion Alarm Systems
• UL Certified Fire Alarm Systems
• Closed Circuit Television Systems
• Monitored Access Control Systems
• Environmental Monitoring Systems
• RAVEN™ – Remote Audio Video Event Notification.
For more information, please visit https://www.uas.com/
