In a recent development, Orion Group, a leading commercial and industrial field services company, has partnered with Academy Locksmith to enhance its access control solutions. Academy Locksmith is renowned for providing mechanical and electronic locksmithing, door, and other access control services to multi-site commercial clients across the United States.
The collaboration with Academy Locksmith marks the eighth partnership for Orion’s facilities maintenance service provider network, Leo Facilities Maintenance (Leo FM), since its inception in 2022. By joining forces with exceptional founder-owned businesses in the facility services industry, Orion aims to build a robust national facilities maintenance enterprise.
Established in 1991, Academy Locksmith boasts over three decades of experience in the access controls sector. With a dedicated team of professionals, the company offers a comprehensive range of services, including locks, door hardware, key systems, and specialized vault solutions. Kenny Friede will assume the role of President at Academy Locksmith.
The partnership with Orion presents an exciting opportunity for Academy Locksmith to expand its national presence and service offerings. Tim Braun, Founder of Academy Locksmith, expressed his confidence in the partnership, stating that Orion’s emphasis on growth and people-centric approach would benefit both customers and team members. Braun looks forward to witnessing the team’s growth under Orion’s guidance.
Kenny Friede, excited about the prospects of the collaboration, highlighted Academy Locksmith’s exceptional reputation for customer excellence. Friede emphasized Academy’s dedicated team of subject matter experts who play a vital role in delivering critical loss prevention services nationwide. He expressed his commitment to continuing the legacy built over the last thirty years.
Will Adams, Orion Co-CEO, praised Academy Locksmith’s expertise and reliable service, describing it as an exemplary service provider in the access control industry. Adams emphasized the company’s commitment to expanding its service offerings for Leo FM customers.
Orion Group is focused on building national businesses in various field services sectors by investing in companies with great cultures and creating unparalleled growth opportunities. For more information about Orion Group, please visit www.OrionServicesGroup.com.
About Academy Locksmith:
With a founding year of 1991, Academy Locksmith specializes in delivering comprehensive access control, loss prevention, and security solutions to national clients. The company prioritizes customer service and strives to provide customized, efficient, and dependable solutions to its clients.
About Alpine:
Alpine Investors is a people-driven private equity firm dedicated to cultivating enduring companies by working with exceptional individuals, learning from them, and fostering their development. Alpine specializes in investments in the software and services industries, with a focus on people-first strategies that include talent programs. With over $11 billion in assets under management, Alpine operates from offices in San Francisco, New York, and Salt Lake City. For more information, please visit www.alpineinvestors.com.
Source: [Business Wire](https://www.businesswire.com/news/home/20240424541023/en/)
Contact:
Elly Gluschke
[email protected]
In addition to the information provided in the article, here are some additional facts and insights regarding the partnership between Orion Group and Academy Locksmith:
Current Market Trends:
1. Increasing demand for access control solutions: With the rise of cybersecurity concerns and the need for enhanced physical security, the market for access control solutions is experiencing steady growth.
2. Integration of technology: The access control industry is witnessing a shift towards more advanced and integrated solutions, such as cloud-based access control and biometric authentication systems.
3. Focus on user-friendly systems: There is a growing emphasis on developing user-friendly access control systems that are easy to operate and manage, catering to the needs of diverse commercial clients.
Forecasts:
1. Market growth: The global access control market is projected to reach a value of $14.6 billion by 2027, with a compound annual growth rate of 9.6% during the forecast period.
2. Advancements in technology: The integration of artificial intelligence and Internet of Things (IoT) technologies into access control systems is expected to drive market expansion.
3. Increased adoption in various sectors: The need for access control solutions is growing across industries, including healthcare, banking, retail, and government sectors.
Key Challenges or Controversies:
1. Data security concerns: As access control systems increasingly rely on digital technology, the risk of unauthorized access or data breaches becomes a concern. Companies need to adopt stringent cybersecurity measures to protect user information.
2. Scalability and compatibility: Integrating access control systems with existing infrastructure can pose challenges, especially when different vendors and technologies are involved. Compatibility issues and scalability considerations need to be addressed.
3. Balancing security and convenience: Striking the right balance between strong security measures and user convenience remains a challenge, as highly secure systems can sometimes be cumbersome to use.
Advantages of the Partnership:
1. Expansion of service offerings: The partnership allows Orion Group to enhance its access control solutions and provide a broader range of services to its customers.
2. National presence: Academy Locksmith’s extensive experience and nationwide reach enable Orion Group to strengthen its national facilities maintenance enterprise.
3. Expertise and reputation: Academy Locksmith’s expertise and strong reputation in the access control industry contribute to Orion Group’s commitment to quality service.
4. Growth opportunities: By joining forces, both companies can leverage their respective resources and capabilities to seize growth opportunities and expand their customer base.
Disadvantages of the Partnership:
1. Integration challenges: Combining different business operations, systems, and cultures can present integration challenges that need to be effectively managed.
2. Increased competition: As the partnership expands the capabilities of Orion Group, it may face intensified competition in the access control solutions market.
3. Alignment of strategies: Both companies need to ensure their long-term goals and strategic visions align to maximize the benefits of the partnership.
For additional information about the partnership and the companies involved, you can visit the Orion Group’s official website at [www.OrionServicesGroup.com](https://www.orionservicesgroup.com) and Alpine Investors’ website at [www.alpineinvestors.com](https://www.alpineinvestors.com).