Tyco Integrated Security (TycoIS) acquired Atlanta-based Carter Brothers’ Fire and Life Safety business for an undisclosed amount. Following the sale, Carter Brothers will transfer its commercial security business to one of its affiliates.
ADI, Melville, N.Y., launched its new credit card for customers with a promotion of 180 days without interest. ADI has been “working on this forever,” said ADI president, Michael Flink.
Dealers discuss Sandy preparations, devastation and lessons learned; The new ADI credit card; PPVAR to be viewed as a new association?; Axis wins Wall Street Journal award;Tyco acquires Carter Brothers' fire business; and more.
ICV Partners (ICV), New York, an investment firm focused on lower middle market companies, announced the acquisition of SAFE Security Inc., San Ramon, Calif., a provider of residential and commercial security alarm systems, monitoring services, and support services.
Ingersoll-Rand's board of directors unanimously approved a plan to spin off its commercial and residential security products businesses, which will be combined to form a new global company.
The Electronic Security Association (ESA), Irving, Texas, announced that Vivint has stepped up as the exclusive sponsor of the 2013 ESA Youth Scholarship Program through its contribution of $10,000.