Quality Sound Alarm Brings on New Partners
Fredericton, NB: Quality Sound Alarm, an industry leader in providing complete security monitoring, fire integration and communication systems for properties around Atlantic Canada, is pleased to announce that it has brought on Covehead Bay Capital as a strategic investment partner, in a deal brokered by Confederation M&A.
Quality Sound Alarm (QSA, for short) has been operating for over 40 years with Cam MacDonald owning the business for the last 30 years. QSA has built a reputation of being a leading trusted name in systems integration to keep businesses and institutions safe, secure and communicating 24/7. The company offers solutions for many industries, including hospitals, schools, nursing homes, government, correctional facilities, industrial, hospitality and property management.
As part of the transaction, Cam will remain on as part owner in the business moving forward, remaining in his leadership role as CEO. Covehead Bay Capital, represented by partners Stephen Murphy, Kevin Murphy, and Jason Morais, will be joining Cam as partners in the business to help continue fuel QSA’s growth strategy in the Atlantic Canadian market.
“We believe that a company’s greatest strength is its people and that’s what we found with Quality Sound Alarm,” shared Jason Morais. “We are thrilled that Cam is staying on with us as an owner as the business continues to grow and establish into the leader in the industry.”
“I am very proud of the success Quality Sound Alarm has experienced over the last the 30 years,” shared Cam. “We’ve been very fortunate to have a group of long-term, dedicated employees with us through this journey. I am thrilled to have a well-balanced, experienced group like Covehead Bay Capital join us in ownership of the company and it provides much comfort for the direction the company is heading in the future.”
Covehead Bay Capital officially joined the company as owners effective October 22, 2021.
Confederation M&A is a team of highly experienced mergers & acquisitions advisors doing business across Atlantic Canada with a head office in Charlottetown, Prince Edward Island. They’re the leading M&A firm in the region serving a diverse range of clients across a wide range of industries. They work confidentially and in unison with accounting, valuation, and tax specialists to find the best possible solutions to help entrepreneurs achieve their buying and selling needs. Visit www.confederationgroup.ca to view previous successes.
Partner, Confederation M&A
Telephone: (506) 476-8221