NICE Systems has entered an agreement to sell its physical security business unit, which provides video surveillance technologies and capabilities, to Battery Ventures.
SunEdison and Vivint Solar have signed a definitive merger agreement pursuant to which SunEdison will acquire Vivint Solar, a U.S. provider of residential solar systems, for approximately $2.2 billion.
Crime Prevention Security Systems has expanded its coverage area to northeast Florida with its acquisition of Scott Alarm Inc., based in Jacksonville, Fla.
Habitec Security, the largest privately held security company in Ohio and headquartered in Toledo, acquired Bigelow Security, headquartered in Sylvania, Ohio.
VideoSurveillance.com, a Portland, Ore.-based video surveillance integration company, is merging with CamGuard, a Corona, Calif.-based provider of managed video surveillance services, as part of an investment by Riverlake Partners, a Portland-based private equity firm.
Vector Security, No. 8 on the SDM 100, acquired Pelican Security Network Inc., a regional alliance of independent life safety and security services providers, fire protection companies, alarm dealers and systems integrators based in Baton Rouge, La.
Alarm Detection Systems Inc. (ADS), ranked No. 24 on the SDM 100, has acquired SDM 100 No. 59 Safe Systems Inc., a privately owned residential and commercial security business located in Louisville, Colo.
In a recent case in the state of New York, an issue arose regarding the Asset Purchase Agreement (APA). The defendants were in the business of installing, servicing and monitoring fire alarm systems. The plaintiff sought to purchase the defendants’ business pursuant to an APA, which was signed by the parties.
ADS Security has acquired customer accounts from Bridgecom Inc. of Vidalia, Ga. The purchase adds approximately 2,000 accounts to the ADS Georgia customer base, growing the market to approximately 10,000 accounts.
Crime Prevention Security Systems has expanded its coverage area to northeast Florida with its acquisition of Scott Alarm Inc. based in Jacksonville, Fla.