Strong Growth Propels Koorsen Fire & Security into the Top 40 Security Companies in America
Koorsen Fire & Security ranked 40th in the 2017 SDM 100. The SDM 100 Report ranks U.S. companies that provide sales, installation, service, and monitoring of security systems including fire alarm, access control, intrusion, and video surveillance for commercial and residential clients.
Security companies are ranked based on Recurring Monthly Revenue (RMR). Koorsen was one of the biggest movers in the chart, going from 47th to 40th in the SDM 100 with a huge increase in RMR. Of the top 100 security companies, only 3 companies saw 50%+ increase in RMR for 2016 compared to 2015. Koorsen was one of them, with an impressive 50.8% increase in RMR.
Overall, the top 100 security companies saw a strong year in 2016. Collectively, the top 100 security companies saw an 18.4% increase in RMR from $612 million to $725 million for 2016. The overall subscriber base grew by more than 1 million customers, and total revenue increased 6.2% in 2016.
How Koorsen Fire & Security Ranks Among Other Security Companies
While Koorsen Fire & Security ranked 40th in RMR among the top 100 security companies, they ranked higher in other categories. Koorsen has the 6th most locations among the top 100 security companies, with branches throughout Indiana, Ohio, Kentucky, Michigan, Tennessee, and Alabama. Koorsen ranked 9th among total full-time employees, with 950 in 2016. Koorsen has since added more full-time employees, surpassing 1,000 at the beginning of 2017. Koorsen also ranked 11th in gross revenue for 2016, and 27th for sales revenue for non-residential installs.
To learn more about the security and fire services offered by Koorsen Fire & Security including access control, monitoring, and emergency communication, contact a Koorsen Fire & Security associate today.