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Rich Perry

Monitronics to acquire Security Networks

After $487m cash deal, Monitronics will have 600 dealers, 1 million customers
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07/10/2013

ENGLEWOOD, Colo.—Monitronics will have more than 600 dealers and 1 million accounts when it completes the $487 million acquisition, announced today, of super-regional security company Security Networks, the 14th largest residential alarm monitoring company in the United States.

Former Security Networks CEO Rich Perry mulls next move

Perry looks to 'find the right situation, grow another business'
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08/21/2013

WEST PALM BEACH, Fla.—With the Aug. 16 close of the Monitronics-Security Networks deal behind him, former Security Networks CEO Rich Perry is taking some time off, but he’s spending some of that time thinking about his next venture in the security industry.

Security Networks to donate security systems to three nonprofits

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02/07/2013

WEST PALM BEACH, Fla.—Security Networks, a home automation company based here, is donating security systems to three nonprofit organizations, according to a company statement. The donations are in celebration of 12 years stationed in the West Palm Beach community.

Barnes Buchanan conference to kick off Feb. 7

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01/29/2013

PALM BEACH, Fla.—The 18th annual Barnes Buchanan Security Alarm Conference is scheduled for Feb. 7-9 at The Breakers resort.

Security Networks ups credit facility by $100 million

Super-regional looking at 38 percent CAGR, again
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05/02/2012

WEST PALM BEACH, Fla.—Security Networks, a super-regional based here, announced April 30 that it has extended its credit facility by $100 million, bringing the total to $250 million.

Westward ho! For Security Networks, Vision Security

The two companies renew affiliate agreement and expand to western markets
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04/19/2011

WEST PALM BEACH, Fla.—When a private equity firm acquired super-regional Security Networks last fall, president and CEO Rich Perry said the transaction would allow Security Networks to expand east of the Mississippi.

Security Networks acquired by Oak Hill Capital

$8 billion PE firm makes first security investment
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11/09/2010

WEST PALM BEACH, Fla.—Expect to see super-regional Security Networks expand operations west of the Mississippi as the result of its Nov. 8 acquisition by private equity firm Oak Hill Capital Partners.