What is Priority Systems?
Established in 1985, Priority Systems operates as a Special Systems Contractor, focusing on fire, security, and alarm monitoring systems. The company offers comprehensive services including sales, installation, servicing, inspection, and monitoring. Serving the Greater New Orleans and Baton Rouge areas, Priority Systems emphasizes high-quality, personalized service, backed by state licensing, factory training, NICET certification, and full insurance. Their long-standing customer base is a testament to their commitment to excellence and competitive service offerings in the security and alarm industry.
How much funding has Priority Systems raised?
Priority Systems has raised a total of $280K across 2 funding rounds:
Debt
$150K
Debt
$130K
Debt (2020): $150K with participation from PPP
Debt (2021): $130K led by PPP
Key Investors in Priority Systems
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Priority Systems?
The recent major strategic investment signals a phase of significant growth and potential expansion for Priority Systems. This capital infusion is likely to support advancements in their fire, security, and alarm monitoring technologies, potentially enabling broader market reach or enhanced service capabilities. As a company with a long history and a strong local presence, this backing could facilitate strategic acquisitions or the development of new service lines to further solidify their competitive edge in the special systems contracting sector.
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