Armored Car Services Industry

NAICS: 561613

For additional companies see the Investigation & Security Services Industry

Armored Car Services Market Share: Largest Companies in the Armored Car Services Industry

Company	Headquarters	Revenue ($ MM)
SECTRAN SECURITY	Pico Rivera, CA	100
LONG BEACH SPEAR SECURITY	Hollywood, CA	66
DORCEY INTERNATIONAL	Seward, NE	57
J.T. BECKER	Bridgeville, PA	53
DEVINE JANITORIAL SERVICES	Kansas City, MO	41
ARMORED KNIGHTS	Omaha, NE	35
SECURETRANS	Anchorage, AK	34
DAVIS BANCORP	Barrington, IL	31
GIZZLY SEC ARMORED EXPRESS	Kalispell, MT	25
SOTO ENTERPRISES	El Paso, TX	22
MIDFLORIDA ARMORED & ATM SERVICES	Tampa, FL	22
MONTGOMERY ARMORED CAR SERVICE	Montgomery, AL	17
IBI INTERNATIONAL LOGISTICS	Miami, FL	16
S.C SECURITY	Santa Clarita, CA	14
FORTRESS ARMORED SERVICES	Lawndale, CA	13
CASH MAN SERVICES LC	Salt Lake City, UT	13
NEW CENTURY ARMORED LOGISTICS	Hazelwood, MO	8
TEMPLAR SOG	Houston, TX	8

This is a list of the largest companies active in the Armored Car Services industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Armored Car Services industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Armored Car Services Companies

A list of competitors in the Armored Car Services industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Armored Car Services businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Armored Car Services companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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