Trends & Industry Issues

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The Security Industry Association (SIA) selected five recipients for the 2020 SIA RISE Scholarship, a program offered through SIA’s RISE community of young security professionals that supports the education and career development goals of young industry talent.

Medical Guardian LLC took part in a $105 million refinancing of its senior credit facility. Imperial Capital LLC served as the exclusive financial advisor, and the refinancing was led by funds advised by Apollo Capital Management LP and its affiliates. 

Alula, a provider of smart security and automation systems for professional installers and the award-winning inventors of the Connect+ platform, received the Mark of Excellence Award for Security and Surveillance Product of the Year at the 2020 Consumer Electronics Show in Las Vegas for its BAT-Connect communicator.

This year at TMA’s annual meeting in Napa Valley, I led a panel on telecommunication opportunities available through leveraging modern technologies while holding on and winding down older technologies to support legacy systems and communications.

For the last eight years The Monitoring Association’s Alarm Industry Communications Committee (AICC) has been running an annual communications survey.

Bold Group, a global provider of business solutions for the security industry, announced the addition of Greg Polley to its executive team as vice president of implementation and project management.

COPS Monitoring, a provider of wholesale professional alarm monitoring services in North America, announced the migration of its Generations monitoring software platform to jBASE from ZumaSys.

ADT Inc. just announced that it acquired Defenders, its largest independent dealer and only authorized premier provider, for a purchase price of approximately $381 million (based on ADT’s closing stock price of $7.45 on January 3, 2020).

DIY security provider Ring today announced its new Control Center alongside six new products at CES 2020 that further expand its whole-home security lineup, enabling users to have more control of their devices and security. 

BadgePass Inc. and Alabama Card Systems Inc. announced the strategic merger of the two companies, effective immediately. For BadgePass, headquartered in Ridgeland, Mass., the acquisition of Alabama Card Systems represents the seventh merger or acquisition in the last five years and furthers the company’s strategy to provide credential management solutions across North America.