Hawaii is known for gorgeous beaches, surf-worthy waves, and exotic tropical flora and fauna, but beside the best of the natural world, it is also home to high-end residential and commercial entities whose owners rely on top-notch security systems to protect their piece of “paradise.”
The days of trading RMR rooted in wired platforms and associated equipment are over. Significant premiums may be offered by sellers for current technology platforms and to companies that focus on the evolution of their technology offerings.
The life safety industries have been fortunate over the last 20 years in that monitoring services associated with recurring monthly revenues (RMR) have been reliant on hardwired systems whose signals were transported to monitoring centers via the telephone landlines.
Milwaukee-based Johnson Controls has agreed to acquire Air Distribution Technologies from the Canada Pension Plan Investment Board for approximately $1.6 billion.
Interlogix, a provider of security and life safety solutions for residential and commercial enterprises, acquired Ultra High Speed (UHS) from Australian company Hills Limited to broaden its global portfolio of intrusion product offerings and services.
Perimeter security solutions manufacturer Sorhea has acquired Reno, Nev.-based Protech, which specializes in high-security outdoor intrusion sensors, expanding the global reach of the French company, which does business in Europe, the Middle East and North Africa.
Not long after officially opening its new world headquarters in Austin, Texas, HID Global acquired San Francisco-based IdenTrust, a provider of interoperable digital identities that authenticate, encrypt and create electronic signatures for various types of transactions or activities.
Redundancy via three central stations along with broader product offerings and services for dealers and a deeper opportunity for dealers nationwide to share best practices are just a few of the key benefits that Mace Security International, Cleveland, Ohio and Security Partners, Lancaster, Pa., believe will result from a partnership joining the companies’ three central stations
Convergint Technologies, Schaumburg, Ill., named Ken Lochiatto president and chief operating officer, bringing his nearly 30 years of progressive leadership experience to the company.
Alarm Capital Alliance (ACA), Newtown Square, Pa., has acquired the residential division of Hawk Security Services from St. Louis, Mo.-based Interface Security Systems, which retained Hawk’s commercial customers. Interface ranks No. 11 and ACA No. 20 on the SDM 100.