Mountain Acquisition Co LLC (MAC) announced that it closed a merger with Rocky Mountain Security Services Inc.,
June 9, 2014
The transaction was described by Chris Heath, principal of Mountain Acquisition, as a “perfect match of skill sets, culture and strategic vision that will allow the consolidated company to be greater than the sum of its parts.” MAC will move its administrative hub to Denver effective June 1, 2014 and will begin its integration of the two companies immediately.
Mission 500 reached a milestone of 100-plus children during ExpoSeguridad Mexico 2014 held in Mexico City
June 9, 2014
Lucy Rivero, founder of Inalarm, directly challenged the audience to help them reach their milestone of 500 children while the dinner was taking place. Syscom committed to 20 more children, followed by Anixter committing to another 18 and TVC en Linea committing to another 20.
The acquisition of Amsafe Security Systems gives ASG the opportunity to add more infrastructure and create more internal sales in the Florida market, Ralph Masino, CFO of ASG Security, told SDM. Amsafe Security Systems’ customer base is approximately 50/50 business and residential.
ADT Corporation announced recently it has executed a definitive agreement to acquire Reliance Protectron Inc.,
June 9, 2014
Protectron will continue to be headquartered in Montreal under ADT’s ownership. The company enjoys strong brand awareness and ADT will continue using the Protectron name.
Arizona House Bill 2546 has two main parts that affect alarm companies conducting business in the state
June 9, 2014
For alarm companies that monitor in Arizona, the eliminated tax could add up to significant savings. Each city has had a different communications tax amount, with Phoenix imposing a 4.7 percent tax and Tucson charging 2 percent.
Arecont Vision was honored by ADI as its 2013 Vendor of the Year in the USA.
May 20, 2014
The award recognizes Arecont Vision for demonstrating excellence across several metrics that contribute to ADI’s growth and success. Arecont Vision received the award at the Vendor Symposium at ADI’s 2014 Kickoff Meeting.
The Edmonds Group announced the initial closing under a $30 million program to purchase subprime security alarm accounts from a large national alarm company.
May 20, 2014
The buyer, a large alternate asset investing firm, will buy accounts with low credit scores and accounts with no credit score available. The seller will enter into a long term agreement with the buyer to provide monitoring, billing and onsite service for the purchased customers. Neither party wished to be identified, according to The Edmonds Group.
The convention, held at the Encore, Las Vegas, consisted of one action-packed day of informative sessions, networking, and an awards dinner.
May 20, 2014
This year Guardian Protection Services Inc., Warrendale, Pa., brought together the members of the Guardian Protection Dealer Program in a concise one-day annual Guardian Authorized Dealer Conference.
The ADT Corporation appointed Jim Vogel as vice president of dealer sales.
May 20, 2014
In this role, Vogel will be responsible for developing and executing the company’s long-term strategy to grow and optimize the ADT Authorized Dealer Program.