CPS Security purchasedWritten by Duane Ramsey | | email@example.com
Thirty-two employees lost their jobs when Corporate Protection Services, Inc., a Toledo-based home security business, was closed by Block Communications, Inc., parent company of CPS, upon the pending sale of the business to Guardian Alarm, Inc.
The sale of CPS to Guardian Alarm has not been finalized but Block is working with Guardian to complete the deal, according to Gary Blair, chief financial officer at Block Communications, who is handling the transaction. Blair declined to comment on when the sale might be completed.
Kris Zielinski, general manager of Guardian Alarm’s Ohio operations in Toledo, said she had not received official confirmation of the sale from her company’s corporate staff in Southfield, Mich.
The home alarm company, known as CPS Security, located on Reynolds Road was closed earlier this month, Blair said.
The security firm, owned by Block Communications since 1998, provided home security service to about 6,300 local customers, who would be transferred to Guardian Alarm upon completion of the transaction.
The CPS business would be handled through Guardian’s Toledo operations located on Jefferson Avenue Downtown. That local office with 50 employees provides sales, service and installation to security customers in Ohio and serves as a back-up to the monitoring center at Guardian’s headquarters in Southfield.
Some of the former CPS employees may have an opportunity to work for Guardian Alarm, Zielinski said.
“We’ve had some of the CPS personnel apply for positions at Guardian and we will consider hiring them for any openings,” said Zielinski, who was unsure how many that might include.
Guardian Alarm is a family-owned business founded in 1930. Today, it provides alarm, armored car, and medical monitoring services with 1,700 employees. The alarm division has customers in Michigan, Ohio, Florida and Windsor, Ontario.
One former CPS employee was hired by Asset Protection Corporation, a commercial security firm, which evolved from CPS.
Kim Klewer founded CPS Security in 1986. He sold the company to Block Communications in 1998, but remained as president of CPS until 2004. In January 2004, Klewer acquired the commercial division of CPS when Block decided to get out of that part of the business. He formed a new company, Asset Protection Corporation.
The new firm retained all the key CPS commercial and contractor staff of about 30 persons that included sales personnel, field technicians, project managers, customer service representatives and the entire executive, financial and key support staffs, Klewer said.
“We were never approached about it so we didn’t have the opportunity to consider it,” said Klewer, referring to the sale of the CPS home security operation by Block.
APC continues to serve the commercial and contractor markets, offering security and fire alarm systems, access control systems, and closed circuit video and surveillance systems.