Company: HSM Electronic Protection Services
Location: Lisle, IL
Phone: (630) 245-7100
James Covert is currently a member of the Protection One Board of Directors. Protection 1 is GTCR’s third investment with Mr. Covert in the electronic security industry. Mr. Covert has more than 25 years of experience in the electronic security industry, including founding and growing leading security companies in the U.S. and overseas. In 1987, Mr. Covert founded SecurityLink Midwest Corp., which he built into one of the nation’s largest alarm monitoring companies. Mr. Covert sold the company to Ameritech in 1994, staying on as CEO of the Ameritech subsidiary until 1996. In 1996, Mr. Covert founded Signature Security Group (“Signature”) in Australia, which through acquisitions and internal growth became one of the largest electronic security companies in Australia and New Zealand. Mr. Covert left Signature and founded Cambridge Protection Industries (“Cambridge”) in partnership with GTCR in 1999. Through aggressive acquisitions, Cambridge quickly became the second largest electronic security group in the U.S., with operations in more than 40 states. In 2001, Mr. Covert sold Cambridge to ADT Security Services, Inc. In 2004, Mr. Covert again partnered with GTCR, returning to the security industry as CEO of HSM Electronic Protection Services (“HSM”). HSM was acquired by StanleyWorks in 2007.