Digi Security Systems, LLC
How we got $6.0M
Based on its 41 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
What they do
Digi Security Systems is an integrated commercial security solutions provider serving education, government, healthcare and enterprise organizations across Texas, Oklahoma and Arkansas.
From the company's website. Industry: Security services.
Customers & suppliers
Customers
- Department of the Air Force · federal contracts $1.3M
- Fort Worth ISD · named on its website
- St. Monica Catholic Church · named on its website
- Tulsa County Sheriff's Office · named on its website
- City of Nichols Hills · named on its website
- Oklahoma House of Representatives · named on its website
- Deer Creek Public Schools · named on its website
- Love County Sheriff's Office · named on its website
- Stillwater Regional Airport · named on its website
- ASM-OKC · named on its website
Estimated value over time
▲ 47% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| DIGI SECURITY SYSTEMS, LLC this business | $15.1M | — |
| R S WALKER CO INC Tulsa · 8 employees | $2.6M | 0.6 mi |
| NOVA SMART SECURITY, LLC Tulsa · 4 employees | $1.0M | 1.2 mi |
| FALCO ALARM COMPANY OF TULSA INC Tulsa · 9 employees | $3.1M | 1.3 mi |
| Conway Security Services Llc Tulsa | $1.4M | 1.4 mi |
| Signal 88 Security of Tulsa Tulsa | $1.4M | 1.4 mi |
| NJ BURGETT, LLC Broken Arrow · 1 employees | $143K | 1.8 mi |
The full calculation
| Employees reported to the SBA | 41 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $16.6M |
| Estimate: the two combined (geometric mean) | $15.1M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.3M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $6.0M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.1M – $8.2M |
| Revenue range | $9.9M – $17.2M |
| EBITDA range | $873K – $1.5M |
| Industry (NAICS) | Security Systems Services (except Locksmiths) (561621) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingVast Bank, National AssociationPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Vast Bank, National Association PPP 2020 | All 359 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $564K | 41 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Digi Security Systems, LLC
Digi Security Systems, LLC is a security services company in Tulsa, Oklahoma, in business since 2004. It is owned by Joshua Herron (President). Its estimated annual revenue is about $15.1M, with roughly $1.3M of EBITDA. It has about 41 employees. Its estimated business value is $6.0M (likely range $3.1M–$8.2M).
Common questions
- Who owns Digi Security Systems, LLC?
- Digi Security Systems, LLC is owned by Joshua Herron (President), according to public sources such as the company's website or filings.
- How much revenue does Digi Security Systems, LLC make?
- SeeBITDA estimates Digi Security Systems, LLC's annual revenue at about $15.1M (likely between $9.9M and $17.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Digi Security Systems, LLC worth?
- About $6.0M, roughly 4.5× its estimated EBITDA of $1.3M, typical for a security services company its size. Likely range: $3.1M–$8.2M.
- How many employees does Digi Security Systems, LLC have?
- About 41, as reported on its PPP loan.
- When was Digi Security Systems, LLC founded?
- Digi Security Systems, LLC has been in business since 2004.