What Mathias does

Mathias (DBA Mathias Lock and Key) is a family-owned physical security solutions provider headquartered in Denver, Colorado, founded in 1901 and currently in its fourth generation of ownership under the Benoit family (Benny Benoit, Michael Benoit, and President Mary Benoit). The company offers an integrated portfolio spanning access control systems, burglar alarm installation and 24/7 monitoring, video surveillance/camera security, commercial locksmith services (including Medeco high-security hardware and Logic electromechanical standalone access), and doors and frames (hollow metal, wood, storefront, knockdown frames, aluminum frames, and Timely Frames). It serves commercial properties, government facilities, healthcare organizations, schools, small businesses, and individual residences across the Rocky Mountain Region, with dedicated service hubs in Denver (Golden Triangle) and Fort Collins and service coverage extending to Aurora, Boulder, Colorado Springs, Greeley, Lakewood, and Longmont.

The underlying technology stack is predominantly physical/mechanical and conventional electronic security rather than software-native: authorized Medeco high-security hardware, Logic electromechanical cylinders with audit-trail functionality and field-installable digital keys, networked access control panels supporting up to roughly 100,000 access points, digital/Network Video Recorders, and licensed burglar alarm panels tied to 24/7 monitoring. The company also operates an online key-ordering portal with next-business-day turnaround for high-security, building, Medeco, and office furniture keys. There is no public evidence of a proprietary software platform, mobile application, API, or cloud SaaS offering.

Revenue mechanics are anchored in one-time installation, equipment sale, and project-based service revenue (security system installation, locksmith services, door/frame supply and install, key sales) supplemented by a recurring monitoring subscription stream and a transactional key-ordering channel. Go-to-market is enterprise field sales with on-site security assessments, quote-based pricing (no public price list), and a 24-hour emergency service line (303-573-9000). Distribution combines direct field service, two retail/showroom locations, and referral/association-driven demand through BBB, BOMA Denver, Building Operators Association of Colorado, and BNI.

Name

Mathias

Legal name

Mathias

Website

https://mathias1901.com

Company type

Private

Founded year

1901

Operating status

Operating

Headcount range

11–50 employees

Short description

Mathias is a fourth-generation, family-owned physical security integrator founded in 1901 in Denver, providing access control, alarms, video surveillance, locksmith services, and doors/frames to commercial, government, healthcare, and residential customers across the Rocky Mountain Region from Denver and Fort Collins locations.

Ownership category

akta.pro rank

Product category

Commercial Security Services

NAICS

Security Systems Services (56162), Security Systems Services (except Locksmiths) (561621)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Video Analytics & AI Security Solutions Integration (LPR, Facial, Behavior) (BPAKAGAK)

akta.pro secondary industry

Video Alarm Verification & Remote Video Monitoring (VSaaS Monitoring) (BPAKAFAE)

Keywords

• Physical security systems
• Access control systems
• Commercial locksmith services
• Video surveillance solutions
• Door and frame installation

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Others

Revenue model

1. Security System Installation: Installation of access control systems, alarm systems, camera security, and door/frame solutions for commercial and residential properties
2. Locksmith Services: Commercial locksmith services including rekey, new installations, lock repairs, master key systems, high security systems, safe openings, and emergency services
3. Doors and Frames Products: Supply and installation of hollow metal doors, wood doors, storefront doors, knockdown frames, hollow metal frames, aluminum frames, steel welded frames, and Timely Frames
4. 24/7 Monitoring Services: Continuous property monitoring services for alarm and security systems
5. Key Sales: Sales of keys including high security keys, building keys, Medeco keys, and office furniture keys with next business day turnaround

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Mathias is a full-service physical security solutions provider offering integrated access control systems, alarm systems with 24/7 monitoring, video surveillance, commercial locksmith services, and door and frame installation. The company supplies and services high-security hardware including Medeco products and the Logic electromechanical standalone line, with capabilities spanning rekeying, master key systems, safe services, and emergency locksmith response for commercial, government, healthcare, and residential customers.

Product overview

Mathias is a full-service security solutions provider offering an integrated portfolio of physical security products and services. The core offerings include Access Control Systems for facility entrance management, Alarm Systems for 24/7 monitored and non-monitored burglar protection, Camera Security for digital video surveillance, Locksmith Services (rekeying, installations, repairs, master key systems), and Doors and Frames installation. The company operates a Medeco Security Center as an authorized dealer for high-security Medeco hardware. Additionally, Mathias offers the Logic electromechanical standalone product line as an alternative to full access control systems. Services extend to safe services, key ordering, and the company acquired F&C Door in 2022 to expand door and frame capabilities. The company serves commercial, government, healthcare, and residential customers throughout the Rocky Mountain Region.

Differentiator

Problem solved

Functional benefit

Products and services

• Access Control Systems Access control systems that restrict entrance to properties, buildings, or rooms to authorized persons. Capabilities include alarm triggering, surveillance integration, time and attendance, biometric inputs, parking management, elevator control, and global multi-site networking for commercial and institutional facilities.
• Alarm Systems Licensed burglar alarm system installation and 24/7 monitoring services for both non-monitored and monitored systems. Mathias is licensed by the City and County of Denver to install both types of burglar alarm systems.
• Camera Security / Video Surveillance Digital and network video security solutions providing automated 24-hour security surveillance monitoring across various industries, enabling remote property and inventory monitoring.
• Locksmith Services Commercial locksmith services including rekey services, new installations, lock repairs, master key systems, high security systems, key control, ADA hardware, safe openings, door closers, and emergency exit devices.
• Doors and Frames Design, service, and installation of various door and frame types including hollow metal doors, wood doors, storefront doors, knockdown frames, hollow metal frames, aluminum frames, steel welded frames, and Timely Frames.
• Medeco Security Center Products Authorized Medeco Service Center offering high-security hardware including padlocks, lockset cylinders, lever locks, cam locks, drop bolts, and deadbolts. Products are pick proof and drill resistant with factory restricted keys preventing unauthorized duplication.
• Logic Electromechanical Standalone System Electromechanical product line featuring digital keys and cylinders with functionality similar to sophisticated access control systems. Includes scheduling, audit trails, and ability to add/delete user keys. Installs without permits, wiring, or door modifications, with most doors upgradable in less than five minutes.
• Master Key Systems Property management solution offering different levels of access within a facility with one master key opening all locks, providing quick emergency access to every door while maintaining security. Designed for extensive multiple building campuses, industrial warehouses, small apartments, and single-story retail.
• Safe Services Safe-related services including safe installation, safe repair, combination lock changes, and electronic lock repair for wall, floor, and free-standing safes.
• Key Ordering Service Online ordering for High Security keys, Building keys, Medeco keys, and Office Furniture keys with next business day turnaround.

Quantifiable outcome

• 24-hour emergency service available for all security needs
• +1 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• F&C DoorcoreStrategic or Co-development Partner · 1 July 2022F&C Door was purchased by Mathias in July 2022. F&C was founded in 1985 by Fred Hepp and became a premier door and frame company in Northern Colorado. This acquisition brings F&C's door/frame expertise to the Greater Denver Area while bringing Mathias' locksmithing/access control capability to Northern Colorado. All original technicians remain with the team.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• Brivo: Cloud-native access control and physical security SaaS platform. Represents the technology-driven shift Mathias faces in access control — a competing delivery model where software, not installation labor, drives differentiation.

Direct peers

• Convergint Technologies: One of the largest global security systems integrators, providing design, installation, and service of access control, video surveillance, intrusion detection, and intercom systems for commercial and government clients. Directly comparable to Mathias in core offering (integrated electronic security) and customer segments.
• Koorsen Fire & Security: Regional U.S. integrator of electronic security, fire alarm, and life-safety systems serving commercial and industrial customers. Closely comparable to Mathias in scale, service mix (security integration + monitoring), and go-to-market approach.

Broad incumbents

• Securitas Technology (formerly Stanley Security): Global electronic security integrator and monitoring services provider under Securitas AB. Operates at much larger scale than Mathias but competes head-to-head in commercial access control, video surveillance, and intrusion systems integration.
• ADT Inc. National incumbent in monitored alarm systems and increasingly in smart access control / video for commercial and residential customers. Overlaps directly with Mathias on monitored alarms and increasingly on access control.
• Johnson Controls: Diversified building solutions provider with a large security and access control portfolio (Tyco-era products) including intrusion, video, and integrated building security. Comparable as a competitor for enterprise-grade security integrations Mathias bids on.

Others

• ASSA ABLOY: Global leader in locking and access solutions (Medeco, Yale, HID among others). Mathias is an authorized Medeco dealer, making ASSA ABLOY a key supplier relationship as well as a strategic force shaping the access control / locking market Mathias operates in.
• Allegion: Major manufacturer of locks, door hardware, access control, and electronic security products. Comparable as both a competitor (institutional/commercial locks and access control) and an indirect peer through overlapping product categories Mathias installs and services.
• Genetec: Provider of unified security platforms including access control (Synergis), video management (Security Center), and ALPR. Comparable as the software layer Mathias integrates when deploying enterprise access/video solutions for customers.
• Axis Communications: Global leader in network video surveillance (IP cameras, video analytics, access control). Comparable as a supplier ecosystem partner whose products Mathias deploys when delivering CCTV and video security solutions to commercial customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mathias-lock-and-key

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mathias