Alarm Consulting Group, Inc. - PARTNERS
Alarm Consulting Group, Inc.
X-it Strategy Consulting and Founder Ken Wiesenfeld

X-it Strategy, a financial consulting firm, is focused primarily on the electronic security industry, assisting small to middle market companies, improving the value embedded within their finance/accounting resources, optimizing their business processes and organizing their environment for a capital event.

  • Over 20 years of progressive financial and operational experience.
  • Chief Financial Officer at Security Networks (2006-2013), an electronic security provider to over 200,000 customers and more than $100 million in annual revenue (2013), having grown the company from $5 million in annual revenues when he began with the company.
  • CFO of Guardian International (2001-2005) in Hollywood, FL.
  • Prior to that position, held various management positions at Security Technologies Group and Sensormatic Electronics Corporation, starting his career at Price Waterhouse
  • Graduated from the Wharton School at the University of Pennsylvania
X-it Strategy Engagements
  • Member of the Board of an SDM 100 Company, acting as an industry partner and offering consulting services to the CEO/CFO to further advance various board objectives
  • Obtaining a senior credit facility, in connection with 2 acquisition opportunities (where Xit is assisting in the buyer due diligence and conversion planning)
  • Capital planning, streamlining its operation, assessing a new software platform, and improving the finance/accounting function
  • Optimizing a client’s use of a Sedona Office Accounting/CRM system
  • Completed assignment as Interim VP Accounting of an SDM 100 Company to elevate the accounting function to “World Class”
  • Created a “Vendor Management database” which yielded cost savings via re-negotiation and multiple bid processes
  • Worked as Interim Acting CFO for a high growth technology company within the security industry, tasked with organizing the accounting and finance functions, working with senior management and the board to evaluate the capital structure and financing options
  • Performed Due Diligence on a SDM 100 Company acquisition
  • Assisted Bank in Due Diligence on a recent placement of debt with a SDM Top 20 Company
  • Talent Sourcing – hiring key members of the finance and operations management team
  • Implementation of Software upgrade – assisted Client in the project management efforts to upgrade accounting software to latest version
Alarm Consulting Group, Inc.