Paul Sargenti, president and CEO of SAFE Security, ranked #21 on the SDM 100 list, San Ramon, Calif., announced that Citizens Bank, N.A. (“Citizens Bank”) led a six-bank syndicate that has refinanced SAFE Security’s senior secured credit facility.
Dealer programs are offered by manufacturers, financial firms, monitoring centers and other dealers. Some buy and sell accounts, while others focus on back-end support, marketing and sales support, financial assistance, training help, or product volume commitments. Some require you to sign a contract, while others don’t. What is in or not in that contract matters, of course, but there are some greater considerations that industry experts suggest dealers look into before ever signing on the dotted line.
Results of SDM’s Industry Forecast Study, coupled with an outlook from leading dealers and integrators, offers positive assurance for the security industry’s 2015 performance: 13.9 percent growth. It will be driven by a higher level of services being offered to consumers and businesses.
Sales opportunity or unlikely fad? Smart clothes, smart jewelry, and smart watches can integrate with PERS, security systems, and connected home systems.
The U.S. Department of Justice, Federal Bureau of Investigation just released its annual report, Crime in the United States 2013. The data contained in the new report shows that in 2013, there were an estimated 1,928,465 burglaries, a decrease of 8.6 percent when compared with 2012 data.
Nortek Inc. (Nasdaq: NTK) announced that its Linear LLC subsidiary has been renamed Nortek Security & Control, LLC. Linear®, 2GIG® and GoControl® will be the subsidiary’s cornerstone brands, each targeting key markets.
Today, it’s no surprise that some homeowners want the peace of mind of security and the convenience of a smart home without paying for professionally installed products and the monthly cost of monitoring.
On November 21, chief technology officer and vice president of industry relations for Tyco Integrated Security (TycoIS), the well-respected industry luminary Jay Hauhn, retired after working for ADT and later TycoIS for 38 years. While he is not calling it a “retirement,” Hauhn, the current president of the Central Station Alarm Association, and former Security Industry Association board chairman, spoke to SDM about his nearly three decades of service to the industry and his future plans. He also shared insights into the coming years, as the security industry enters 2015.
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