SAFE Security Revenue and Competitors

SAFE is proud of its fifteen year history and performance record, but most of all, proud of the commitment and enduring contribution of its employees/team members who have created a corporate culture dedicated to providing the highest quality customer care possible. With the idea that a security finance company could be built around the concept of providing high quality customer care, Paul Sargenti, SAFE’s President and CEO, co-founded the company in August 1988. While a business plan with the customer being at the heart of its focus is not unique, a company that successfully executes that business plan day after day is. SAFE, from its first day of operation, always understood that without satisfied customers, the business would not survive. Consequently, every division and department at SAFE has the word “customer” in its mission statement. After 10 years of steady growth and strong historical performance, SAFE's management recognized the need to provide a liquidity alternative to its traditional customer account acquisition business. In 1999, SAFE attracted GE Capital to become a joint venture partner in a new company, SAFE Financial LLC, for the purpose of providing loans to security alarm professionals to grow their sales, service and installation businesses. Concurrently, SAFE Service Corp. was formed to manage customer and dealer relations on behalf of SAFE Financial. Successfully structuring and implementing the operating platform and systems necessary to fulfill each business plan, the SAFE group of companies has become one of the nation's largest enterprises involved in the purchasing, financing, and servicing of residential and commercial security alarm monitoring customers. Fourteen years after it acquired its first customer account, SAFE, along with its sister companies, SAFE Financial and SAFE Service, collectively has over 250,000 customers in 45 states.