Tag: Securitas
‘Selective growth’ in M&A activity predicted for second half of 2024, Cetingok says
May 22, 2024Cory Harris, Editor
DALLAS—While market conditions might be conducive to increased M&A activity in the security space this year, not so fast, says Alper Cetingok, senior managing director for Raymond James & Associates.
Cetingok’s M&A forecast for the last six months of the year sees buyers remaining more selective, while some sellers are delaying processes due to market conditions and persistent gaps in valuation expectations.
“We're going to see some growth, I think,...
Florida ECC goes live with TMA’s Automated Secure Alarm Protocol
May 21, 2024SSN Staff
MCLEAN, Va.—The Monitoring Association (TMA) has announced that the Palm Beach County Fla. Sheriff's Office became the 144th Emergency Communications Center (ECC) in the U.S. and the 11th in the state of Florida to implement TMA’s Automated Secure Alarm Protocol (ASAP).
Launched in 2011 as a public-private partnership, TMA’s ASAP service is designed to increase the accuracy and efficiency of calls for service from alarm monitoring centers to ECCs.
Palm...
Securitas: ‘We are taking actions to improve performance’
May 10, 2024Ken Showers, Managing Editor
STOCKHOLM — Securitas saw a welcome improvement in the U.S. but fell short in Europe due to integration issues and its airport security business, according to the company’s interim report for the months of January-March.
Overall, Securitas saw an operating income before amortization of MSEK 2.357 billion, or roughly $217 million USD. It gained an impressive 6% increased operating margin improvement thanks to North American operations and its performance in Ibero-America. Seasonality...
Industry luminary Jim Henry passes away, colleagues reflect
April 17, 2024Cory Harris, Editor
YARMOUTH, Maine—Legend. Great friend. Terrific presence. Mentor.
These are just some of the heartfelt tributes and reflections from colleagues and friends of industry luminary Jim Henry, one of the inaugural winners of the Security Systems News (SSN) Security Legend award, who passed away on April 13, 2024, after a lengthy illness. He was 70.
Henry spent more than 50 years in the security industry, from the early days of running a business with his family to later working for behemoths...
Securitas training 10,000 data center professionals
February 21, 2024SSN Staff
STOCKHOLM – Securitas has revealed that it aims to certify 10,000 officers as data center security and safety professionals following the establishment of the Global Clients Data Center Group in 2023.
Securitas said it’s now taking an important next step by strengthening the skills of its security officers by introducing a certification for managing data centers’ diverse security challenges with efficiency and expertise. Calling data centers the unseen backbone that enables everything...
Renowned security PR professional Lynda Murphy passes away
November 27, 2023SSN Staff
CHICAGO—Lynda Murphy, the founder of Murphy Knott Public relations who represented numerous security companies along with other major local, national, and international clients, passed away on Nov. 20. She was 69.
Murphy founded Murphy Knott Public Relations in 1984 and led the company for nearly four decades until her death, helping to craft the corporate messaging of major brands such as Miller Brewing Company, IBM, Lou Malnati’s Pizzeria, Vienna Beef, Ferrara Candy Company,...
AMAG Technology’s Kyle Gordon – ‘It’s a noisy and chaotic industry right now, and it’s really exciting’
October 24, 2023Ken Showers, Managing Editor
YARMOUTH, Maine – A star of the access control sector of the security industry, AMAG Technology is changing and evolving to address the demands of the future. One of those changes has been naming Kyle Gordon the EVP of global sales, marketing, and commercial excellence.
Gordon accepted his new role in August of this year, and Security Systems News (SSN) was able to speak with him about his winding path through the industry and about what comes next for security.
SSN: Mr. Gordon, could...
Securitas appoints Toskos as chief human resources officer
September 26, 2023SSN Staff
PARSIPPANY, N.J. —Securitas North America has appointed Chrissy Toskos as its new chief human resources officer.
Securitas wrote that Toskos will have a key role in the division leadership team where she will help to accelerate the organization’s transformation “…augmenting physical security with technology, transforming the client experience, and developing the workforce of the future,” the company said.
"I’m thrilled to be joining a purpose-driven...
Sunny Disposition
August 9, 2023Ken Showers, Managing Editor
I woke up to some awfully big news today in the security world as ADT announced the divestiture of its commercial business.
If one of you, dear readers, had an inkling about this occurring before it did, I’d like to know your sources, or at least have you pick some lottery numbers for me. When I read about divestiture it normally tracks pretty easily for me. For example, when Securitas dropped its Argentinean holdings, I wasn’t shocked. They had been facing a tough economic situation...
Fourth Maryland ECC goes live with TMA’s Automated Secure Alarm Protocol
August 3, 2023SSN Staff
MCLEAN, Va.—The Monitoring Association (TMA) has announced that the Queen Anne’s County, Md., Emergency Services is the 131st Emergency Communications Center (ECC) in the United States to implement TMA’s Automated Secure Alarm Protocol (ASAP).
Launched in 2011 as a public-private partnership, TMA’s ASAP service is designed to increase the accuracy and efficiency of calls for service from alarm monitoring centers to Emergency Communication Centers. ...