Sloan Security Group (SSG), established in 1991 and headquartered in Boise, Idaho, is a leading design-build firm specializing in perimeter security solutions. The company offers a comprehensive range of services, including the design, fabrication, installation, and maintenance of security barriers, bollards, access control systems, and surveillance solutions. SSG caters to a diverse clientele, encompassing corporate campuses, data centers, energy facilities, government buildings, dams, substations, airports, and stadiums.
Company Overview
- Founding and Growth: Founded by the Sloan family, SSG has evolved from its initial focus on forestry and highway fencing to become a global leader in perimeter security. The company's growth is attributed to its commitment to safety, collaboration, innovation, integrity, and professionalism.
- Services Offered:
- Design: Expert design assistance ensuring seamless integration of security solutions.
- Fabrication and Installation: Specialization in crash-rated barriers, high-security fencing, and access control systems.
- Maintenance: Ongoing support to ensure the longevity and effectiveness of security installations.
Financial Performance
- Revenue: As of recent estimates, SSG's annual revenue is approximately $17.1 million, with a revenue per employee of $174,000.
- Employee Growth: The company employs around 98 individuals, reflecting a 14% growth in employee count over the past year.
Strategic Developments
- Partnerships: In November 2024, SSG announced a strategic partnership with IronSite, a national company headquartered in Corona, California. This collaboration expanded SSG's geographic reach and service capabilities, covering regions including the Pacific Northwest, California, Texas, Colorado, Louisiana, and Florida.
- Industry Recognition:
- Named the 2021 Specialty Contractor of the Year by Engineering News-Record (ENR) for its innovative techniques and significant revenue growth.
- Ranked #23 on SDM’s Top Systems Integrators Report in 2022, up from #30 in 2021, highlighting its rapid ascent in the industry.
Competitive Landscape
SSG operates in a competitive market with several notable companies offering similar services:
- G4S Secure Solutions: A global security services company providing a range of security solutions.
- Securitas USA: Offers security services including on-site guarding, electronic security, and risk management.
- ADT Inc.: Specializes in security, automation, and smart home solutions for residences and businesses.
- Allied Universal: Provides security services and technology solutions across various industries.
- Perimeter Security Systems: Focuses on the design and installation of perimeter security solutions.
These competitors vary in size and scope, with some operating on a global scale and others focusing on specific regions or services.
Market Position and Outlook
SSG's strategic partnership with IronSite and its consistent industry recognition position the company favorably in the perimeter security market. The company's commitment to innovation and comprehensive service offerings cater to the growing demand for integrated security solutions across various sectors. As security concerns continue to rise globally, SSG's expertise and expanded capabilities are likely to drive further growth and market penetration.
In conclusion, Sloan Security Group's dedication to quality, strategic partnerships, and industry recognition underscore its strong position in the perimeter security industry. The company's continued focus on innovation and customer-centric solutions is expected to sustain its growth trajectory in the coming years.
