Ontario is home to one of the largest concentrations of security businesses in Canada — from alarm dealers and monitoring companies in the Greater Toronto Area to fire protection and access control integrators serving commercial and industrial clients across the province. If you own a security business in Ontario and are considering a sale, this guide will help you understand the local market, how your business is valued, and how to find the right buyer.
The Ontario Security Market
Ontario's security industry is driven by a large and growing commercial real estate sector, a significant industrial base, and increasing institutional demand for integrated security solutions. The province's regulatory environment — including requirements under the Private Security and Investigative Services Act and the Ontario Fire Code — creates a compliance-driven market that rewards established, licensed operators. Security businesses with strong compliance track records and long-tenured licensed technicians are particularly attractive to buyers.
Valuing a Security Business in Ontario
Security businesses in Ontario are typically valued on a combination of recurring monthly revenue (RMR) multiples for monitoring companies and earnings-based analysis for installation and service businesses. The applicable multiple reflects the strength and stability of the Ontario commercial market, contract quality, and customer concentration. CMBB conducts transparent, justified valuations and presents a clear offer with full methodology disclosed.
Why Ontario Security Business Owners Choose CMBB
CMBB is headquartered in Ontario and has deep roots in the province's business community. Leonardo Obodoeke, CMBB's founder, built the firm with a specific focus on Ontario's industrial and commercial services sector before expanding to the broader North American market. Our most recent acquisition — Turnstile Security Systems Inc., an Ontario-based access control and pedestrian security company — demonstrates our commitment to the Ontario security sector. We retain existing teams, honour existing contracts, and invest in the businesses we acquire.
How to Start the Process
The first step in selling your Ontario security business is a confidential conversation with a qualified buyer. CMBB will sign a non-disclosure agreement before requesting any confidential information, conduct a preliminary valuation within two weeks of receiving your financials, and present a written letter of intent within 30 days if we decide to proceed. There are no fees to sellers, no auction processes, and no obligation to proceed at any stage. Darie Urbanky, CMBB's senior advisor and former President and COO of CI Financial Corp., is available to speak with owners who want to understand the process before committing to any steps.
If you own a security business in Ontario and are ready to explore your exit options, CMBB would welcome a confidential conversation.
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