North American Security, Inc.
How we got $20.4M
Based on 386 employees on its 2024 401(k) filing.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 45% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Customers & suppliers
Customers
- Office of Procurement Operations · federal contracts $156.5M
- U.S. Census Bureau · federal contracts $2.1M
- National Oceanic and Atmospheric Administration · federal contracts $397K
Estimated value over time
▼ 32% 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.
Employees over time
▼ 45% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 708 | $65.8M |
| 2021 | Form 5500 | 608 | $56.5M |
| 2022 | Form 5500 | 539 | $50.1M |
| 2023 | Form 5500 | 504 | $46.9M |
| 2024 | Form 5500 | 386 | $35.9M |
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
| Business | Est. revenue | Distance |
|---|---|---|
| NORTH AMERICAN SECURITY, INC. this business | $42.3M | — |
| STRYKER INTERGRATED SOLUTIONS LLC Edmond · 12 employees | $4.2M | 0.5 mi |
| STRYKER INTEGRATED SOLUTIONS, LLC Edmond | $1.7M | 0.8 mi |
| Global Security Corporation Edmond | $1.4M | 1.6 mi |
| CHIEF DATACOM INC Edmond · 8 employees | $2.5M | 1.9 mi |
| EDMOND SAFE AND LOCK INC. Edmond · 6 employees | $1.4M | 1.9 mi |
| CHARLEY SECURITY SERVICE, LLC Edmond · 9 employees | $959K | 3.2 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $20.4M |
| Multiple for this size and industry | 5.5× |
| Value range | $10.7M – $30.0M |
| Employees in its retirement plan (2024 Form 5500) | 386 |
| Industry revenue per employee | $93K |
| Revenue = employees × revenue per employee | $42.3M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $3.7M |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $27.6M – $51.8M |
| EBITDA range | $2.4M – $4.6M |
| Industry (NAICS) | Investigation and Security Services (561600) |
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. These are statistical estimates, not reported financials. Listing details come from the company's Form 5500 retirement-plan filing. Full methodology
People & advisors
Leadership
- ABApril BurnsSigned for the company · 2022 retirement-plan filing (Form 5500)
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About North American Security, Inc.
North American Security, Inc. is a security services company in Edmond, Oklahoma. Its estimated annual revenue is about $42.3M, with roughly $3.7M of EBITDA. It has about 386 employees. Its estimated business value is $20.4M (likely range $10.7M–$30.0M).
Common questions
- Who owns North American Security, Inc.?
- The owner of North American Security, Inc. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does North American Security, Inc. make?
- SeeBITDA estimates North American Security, Inc.'s annual revenue at about $42.3M (likely between $27.6M and $51.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is North American Security, Inc. worth?
- About $20.4M, roughly 5.5× its estimated EBITDA of $3.7M, typical for a security services company its size. Likely range: $10.7M–$30.0M.
- How many employees does North American Security, Inc. have?
- About 386, from its 2024 retirement-plan filing.