Perimeter Access Security Solutions (PassCo), a commercial perimeter security platform backed by Halle Capital, announced the acquisitions of Southeastern Overhead Door, Fairborn Northeast, and Communication Concepts as it continues building a nationwide platform focused on access control and perimeter security solutions.
The three acquisitions expand PassCo’s capabilities across access control, doors and docks, gates, video surveillance, and integrated life safety systems. The company said the additions also strengthen its geographic footprint and technical expertise.
Based in Baton Rouge, Louisiana, Southeastern Overhead Door has served customers in Louisiana and Mississippi for more than 40 years, providing installation, repair, and maintenance services for overhead doors and loading dock equipment. The company’s team brings more than a century of combined experience.
Fairborn Northeast serves commercial and industrial customers throughout New England from locations in New Hampshire and Massachusetts. The company specializes in the design, installation, and servicing of dock levelers, commercial doors, and related equipment.
Communication Concepts, headquartered in the Dallas-Fort Worth area, provides integrated security and life safety systems, including access control, video surveillance, fire alarm, emergency communication, audio visual, nurse call, and IP networking solutions. The company has operated for more than 35 years and serves customers across the commercial, education, healthcare, religious, municipal, and government sectors.
PassCo partners with founder- and owner-led businesses that provide mission-critical perimeter security and access control services. The company supplies capital, infrastructure, and operational support while preserving the culture and customer relationships established by acquired businesses.
PassCo is led by CEO Lance Simpson, who previously served as President and CEO of American Direct Procurement and as Chief Operating Officer of The Cook & Boardman Group. The company is backed by New York-based private equity firm Halle Capital, which focuses on lower-middle-market businesses in highly fragmented sectors with long-term growth trends.
KEY QUOTES:
“Joining PassCo is a tremendous milestone for Southeastern Overhead Door. Our reputation has been built on quality workmanship and putting the customer first, and this partnership allows us to carry that forward with even greater resources behind us. Becoming part of PassCo gives our team access to expanded capabilities, deeper technical support, and a network of best-in-class brands, all while preserving the hands-on, community-focused service that has defined us since 1978.”
Hiko Miyagi, President of Southeastern Overhead Door
“Partnering with PassCo opens an exciting new chapter for Fairborn Northeast. Our customers across the Northeast rely on us for dependable loading dock and door solutions, and joining the PassCo platform strengthens our ability to deliver for them. We gain the scale, infrastructure, and shared expertise of a growing national platform, without losing the responsiveness and local relationships that set us apart.”
Vincent Buffone and Michael Rose, Co-Presidents of Fairborn Northeast
“This is an exciting step forward for Communication Concepts and the customers and communities we protect. As security and life safety professionals, our mission has always been the meticulous design and service of mission-critical systems, and joining PassCo gives us the resources and reach to advance that mission even further. We’re proud to become part of a platform that shares our commitment to technical excellence and to the people we serve; while keeping the culture and expertise our team has built over more than 35 years.”
Jeff Mauldin, President of Communication Concepts
“Southeastern Overhead Door, Fairborn Northeast, and Communication Concepts are exactly the kinds of businesses we set out to partner with. Each has earned an outstanding reputation in its market through technical excellence, deep customer relationships, and a genuine commitment to its people. We’re proud to welcome Hiko, Vince, Mike, Jeff, and their teams to PassCo, and together we will continue building a best-in-class perimeter security platform.”
Lance Simpson, CEO of PassCo
