Mercury Security Head Becomes PSA CEO

By John Honovich, Published Dec 23, 2020, 09:04am EST

Manufacturers becoming integrators is a trend over the last few years. Now, one of the most notable names in access control manufacturing, Matt Barnette, is switching over to become the CEO of PSA Security.

IPVM Image

We spoke with both Barnette and Bill Bozeman, the outgoing CEO of PSA, after a 20-year term about why Barnette joined and the future of PSA.

PSA **********

*** ** * **-***** "systems ********** **********". **** integrators *** *************, *** ***-*****. *** most ************* *********** / re-sells*********** **** ****** ******* specific ************* *** *** integrators *******, *.*., ********** and ********.

Barnette ******* *******'* *********

**** *********** ********* ** ******* Security,******** ** *** ** 2017, *** **** ******** HID's ** ** ******** Access ******* ********* ***** America ******** ****. ****** joining *******, ******** *** President ** ****** ************ AMAG.

**** ******* *** **** CEO ** *** ***** 2000, ****** *** *** of *** *******-******* **** in *** ********. ******* will ****** **** *** in **** *** **** he **** ******** ********, investing, *** ************* ** the ********.

Barnette **********

******** ******* *** ******, in *** *****, ** a ****** ********** **** was * *** ****** and ** **** ******** a *** **********, ** while ******** ****** ** the ************* **** ***** then, **** ** * return ** *** *******.

***** ******** ************ **** he ********** ********** ** rise ** ** ********* in *************, ******** **** he *** *** ******* of ****** * ****** impact ** * ******* organization.

PSA ****** *** *****

*** ********** ***** ******, including:

  • ***** ****** ******, **** say, ** ****** **** public ******* ******** ************. While **** ******** ** name *********, ** ***** its *** *** *******, which ***** *** *** in *** ~**% *****.
  • *******, *** ****, ****** revenue **** ** ******** down ******** ** ****, due ** *** ********, though **** *** **** rebounded ****** **** ******** in *** ****** **** of **** *** ****** growth ** ****.
  • ***'* ****** ******* ** in *** ******** ** millions ** *******, ***** is *** ******** ** the ****** ******** ************ (that *** ** *** multiple *******-****** *****) *** much ****** **** ***** security ************. *** ******* that ***** ******* *** "responsible *** **** $*.* billion ******** ** ********, fire, **** ****** *** pro *****-****** *************" ***** can ** ********* *** that ******** ********** *** members ****, ****** **** they *** *** ***.
  • *** *** **+ *********, growing ** ~* ****** this ****. ****: ******** reports **** ********* *** ~67 ********* *** **** is ****** ****** ** PSA ******* (*** *** employees) ******* *** ** LinkedIn.

*** ********* ***** **********, noting:

  • *** ***** *********** *** equity ********/******.
  • *** ** ******* ** expand ***** ********** *** says **** *** *****, looking *** **************, ****** in ********, ******** ******* product *****, ***.
  • ******** **** *** **** they **** *** ******* include *** *********** ** talk *** ******* **** other ****** / *********, 90 *** ******* ***** and ******* *** ******* larger ********, *** ******** to **** ********** ********** better *** ***** *********.

Consolidation '******** *** ********'

*** ********* *** **** of ********** ************* ** their ******** ****** **** they ******* ** ******** the ********, **** **** if * ****** ** acquired, **** *** ****, in **** *********, **** get *** ******** ** continue *** **********.

Challenges *** ***** - ***************** ** ***********

*** **** *********** ********* we *** *** *** in *** ***** ** how ********** *** ****** patterns *** ******* ******** on *********** *** ************ favoring ************* ** **** direct ** ***-***** (** through, ***** ****, ***-******** integrators). ***** *********, ** particular, ****** ************* ** have ******** ************* **** end-users *** ** **** dependent ** ***********.

** ********, *** *** long********* ******* ********** ********* ** ******* integrators. *******, ** *** 2010s, *** ****** ** such ********* *** *** and *********** *********** ********* inferior. ***, ** *** 2020s, **** ** ******* changing **** **** *** number *** ******* ** managed ********* *******.

*** ********, ******, **** be *** **** ***** managed ******** **** ** undermine *** *********** ** traditional ******** ***********. *********, many *********** **** ** quite ****, ** **** transition, ********** ***** ****** and ******* *** ** remains ** ** **** if **** **** ******* shrink *** ****** ** security *********** ** ************* and *** ***** **** lower ****, **** ****** ways ** ********.

Vote / ****

Comments (3)

**** *** ****, ** is * ***** ** guy *** **** ** doubt ***** ** ****'* legacy. * ** **** the ********* ******** *** have **** * *** challenging **** *** ******** ACRE **********.

Agree: 1
Disagree
Informative: 1
Unhelpful
Funny

*** ** ** *********** organization *** **** ******** is ** ********* ********* to **. *******. **** comes ** *** **** deep ******* *** *** industry *** * **** to ***** ********** ** a ********** ***. *** industry *** *** ******* should ** ******* ** have **** ****** **** Bill *** **** ************ the ********. ***** ********* everyone!

Agree
Disagree
Informative
Unhelpful
Funny: 2

********** ******** *** ** a *********. **** ******* a ***** ****** *** "big ***** ** ****" . **** ********* ******* of ***** **! ******** to **** ** ***!

Agree: 2
Disagree
Informative
Unhelpful
Funny
Read this IPVM report for free.

This article is part of IPVM's 7,250 reports and 966 tests and is only available to subscribers. To get a one-time preview of our work, enter your work email to access the full article.

Already a subscriber? Login here | Join now
Loading Related Reports