How We Bought a Security Company (And Why It Was the Perfect Industry)

In this episode of Entry & Exit — part of the Founders Story Series, Stephen Olmon and Collin Trimble walk through how they went from software and small business experiments to acquiring their first security company — and why the industry checked every box they were looking for.They break down the real drivers behind their decision: recurring revenue, regulatory moats, fragmentation, and the opportunity to scale through acquisition. From discovering the “buy vs. build” path to finding the right deal (on the first try), this is a candid look at how their journey into security actually started — including what they got right, what they missed, and what almost killed the deal.If you’ve ever considered buying a business — or wondered why security continues to attract serious operators — this episode gives you the full origin story.Inside this episode: → Why security stood out vs. HVAC, plumbing, and other trades → The role of recurring revenue in making the model work → How regulation and licensing create a competitive moat → Finding and closing on their first deal (Alarm Masters) → Mistakes they made during diligence and legal process → How they financed the acquisition with an SBA loan🔗 More Entry & Exit — https://entryandexit.comConnect: Stephen Olmon — http://x.com/stephenolmon Collin Trimble — https://x.com/TXAlarmGuyOwned and Operated New Episodes Every Wednesday!Subscribe For More