High-net-Worth Client Base Concentric specializes in security solutions for high-net-worth individuals and families, indicating a strong potential for premium security, concierge, and bespoke protection services tailored to ultra-wealthy clients.
Recent Acquisition Growth The recent acquisition by Stagwell Inc. for $8.1 million suggests a strategic expansion and increased resources, providing an entry point for sales in integrated marketing and tech-enabled security solutions.
Tech-Driven Security Utilization of advanced tech stack including Cloudflare Bot Management, Everbridge, and mobile platforms indicates a focus on innovative, integrated security systems, creating opportunities for cybersecurity, digital threat monitoring, and remote security services.
Collaborative Opportunities Partnerships with insurers like PURE and collaborations with other security entities highlight potential for joint ventures, cross-selling of insurance-integrated security products, and expansion into risk management solutions.
Financial and Market Position With revenue estimated between $50M and $100M and a workforce of 201-500 employees, Concentric is positioned as a midsize firm poised for scalable security services, offering prospects for enterprise-level security contracts and tailored staffing solutions.