SeeBITDAOklahoma

Monitoring America Alarm Co-Op

Estimated valueMedium confidence
$2.4M
$1.3Mlikely range$3.3M
About 3.8× its yearly profit, typical for a company this size in its industry.
Revenue
$6.0M
a year
Profit (EBITDA)
$644K
11% of revenue
Employees
20
reported in 2020
Mark Olive
Owner · source
Some signs of a sale
Contact

How we got $2.4M

Based on its 20 employees and its payroll, both reported for PPP in 2020 and brought up to date.

20 employees × $258K each$5.2M
PPP payroll ÷ payroll's usual share of revenue$5.4M
Shown toward the top of its range×1.14
Revenue$6.0M
× 11% profit margin$644K
× 3.8 sale multiple = value$2.4M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 37 years (since 1989)
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

Monitoring America is a 3rd party alarm monitoring company in Tulsa, Oklahoma that offers wholesale alarm monitoring (central station) services to alarm companies, run by alarm companies.

Products & services
Wholesale alarm monitoring servicesCentral station servicesWholesale monitoringRMR opportunities
Markets served
Alarm companiesresidential alarm monitoring
Service area
Tulsa
Certifications
UL ListedTMA 5 Diamond DesignationOklahoma Alarm License# 386

From the company's website. Industry: Security services.

Customers & suppliers

Customers

  • Eales Electronics · named on its website

Estimated value over time

▲ 47% since 2020
$0$1.4M$2.8M2020202120222023202420252026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▼ 5% since 2020
025502020202120222023202420252019
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan20$4.3M$465K
2020Form 550020$4.3M$465K
2021Form 550023$5.0M$535K
2022Form 550017$3.7M$396K
2023Form 550019$4.1M$442K
2024Form 550019$4.1M$442K
2025Form 550019$4.1M$442K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
MONITORING AMERICA ALARM CO-OP
this business
$6.0M$644K—
WITNESS SECURITY LLC
Tulsa · 8 employees
$2.0M$229K0.6 mi
TULSA LOCK & KEY INC.
Tulsa · 4 employees
$1.1M$145K1.2 mi
Harvest Security Solutions
Tulsa
$1.4M$186K1.2 mi
HARMON SECURITY GROUP LLC
Tulsa · 49 employees
$12.7M$1.1M1.3 mi
Signal 88 Security of Tulsa
Tulsa
$1.4M$186K1.7 mi
Conway Security Services Llc
Tulsa
$1.4M$186K1.7 mi

The full calculation

Employees reported to the SBA20
Revenue from headcount (employees × revenue per employee for companies this size)$5.2M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$5.4M
Estimate: the two combined (geometric mean)$6.0M
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$644K

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$2.4M
Multiple for this size and industry3.8×
Value range$1.3M – $3.3M
Revenue range$3.9M – $6.8M
EBITDA range$424K – $734K
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

Founded 1989
“Founded in 1989, Monitoring America Alarm Co-Op is a fundamentally different kind of monitoring station.”

Leadership

  • BM
    Brian Mark
    Chairman of the Board · Company website · source
  • JJ
    Joshua Jones
    3rd Vice Chairman · Company website · source
  • SL
    Seth Long
    3rd Vice Chairman · Company website · source
  • BG
    Bobby Graham
    Board Secretary · Company website · source
  • RC
    Rob Cass
    Financial Advisor · Company website · source
  • DR
    Darren Robertson
    Board Steward · Company website · source
  • JC
    Jason Campbell
    President · Company website · source
  • RK
    Ryan Knight
    Vice President · Company website · source
  • TT
    Tarra Trent
    Corporate Secretary · Company website · source

Advisors

  • BankingThe First National Bank and Trust Company of Broken ArrowPPP / 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

The First National Bank and Trust Company of Broken Arrow
PPP 2020
All 149 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/11/2020first$182K$184K20The First National Bank and Trust Company of Broken Arrow

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Monitoring America Alarm Co-Op

Monitoring America Alarm Co-Op is a security services company in Tulsa, Oklahoma, in business since 1989. It is owned by Mark Olive. Its estimated annual revenue is about $6.0M, with roughly $644K of EBITDA. It has about 19 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.3M).

Common questions

Who owns Monitoring America Alarm Co-Op?
Monitoring America Alarm Co-Op is owned by Mark Olive, according to public sources such as the company's website or filings.
How much revenue does Monitoring America Alarm Co-Op make?
SeeBITDA estimates Monitoring America Alarm Co-Op's annual revenue at about $6.0M (likely between $3.9M and $6.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Monitoring America Alarm Co-Op worth?
About $2.4M, roughly 3.8× its estimated EBITDA of $644K, typical for a security services company its size. Likely range: $1.3M–$3.3M.
How many employees does Monitoring America Alarm Co-Op have?
About 19, from its 2025 retirement-plan filing.
When was Monitoring America Alarm Co-Op founded?
Monitoring America Alarm Co-Op has been in business since 1989.