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physical security

Vector Security acquires IRG, managed network services company

CEO Petrow says deal is just the beginning of Vector's move into managed infrastructure and business intelligence space
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08/19/2013

PITTSBURG—National integrator Vector Security will be able to offer managed network services to its customers and will have access to the "Who’s Who of retail customers”—including American Eagle, Estée Lauder and Coach—as the result of its acquisition of Industry Retail Group (IRG), a managed network services company based in Bethesda, Md.

Batter up! Protecting Little League World Series

Female phenom draws crowds—and need for added security—at this year’s event
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08/20/2014

WILLIAMSPORT, Pa.—A 13-year-old female pitching phenom has drawn unexpected crowds to the Little League World Series this month, testing physical security for the annual event in this small town.

Protection 1 goes live with ASAP program

Pam Petrow, CSAA VP, says local advocacy will be key to getting more PSAPs—and central stations—on board
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08/20/2014

ROMEOVILLE, Ill.—Protection 1, a security company whose monitoring arm is CMS, is the latest central to go live with the Automated Secure Alarm Protocol program, according to an announcement from the CSAA.

ADS Security acquires Tennessee fold-in

It’s the fourth buy for ADS this year and more are planned
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08/20/2014

NASHVILLE, Tenn.—ADS Security last week acquired nearly 600 accounts from Stewart Security Systems in Shelbyville, Tenn.

It’s the fourth buy for ADS this year and more acquisitions are planned, according to Patrick Ritter, VP/controller at ADS.

SecurTek offers sky miles

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Wednesday, August 20, 2014

Having written a report this week about SentryNet’s latest campaign to encourage dealers to add accounts and sell new services (while giving them the chance to earn tickets to a cruise), I came across news of another monitoring company making it a bit easier for dealers to do their jobs.

SecurTek, based in Yorkton, Saskatchewan, is offering customers air miles through a recently unveiled partnership with AIR MILES Reward Program. When customers sign standard monitoring contracts, they can now top-up their loyalty rewards tally to earn miles, according to a company statement.

New customers can earn 50 reward miles upon signing a 36- or 60-month contract, and then can earn an additional 50 reward miles on their contract anniversary date if they remain SecurTek customers.

Whether at events put on at industry tradeshows or through promotional campaigns, central stations go to great lengths not only to make dealers feel appreciated but to ensure they’re equipped with the knowledge they need to thrive in the current climate. It’s no surprise. In a boundary-less, IP-based environment where more and more centrals are looking to vault from regional players into national ones, competition is going to increase. As a result, central stations are going to explore new ways to engage dealers and stand out against competitors.

Solar is hot commodity—but can pose fire risks

Security companies branching out into the solar business should be aware of photovoltaic fire hazards
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08/18/2014

QUINCY, Mass.—As security companies get involved in solar panel installation, they should be aware of potential fire hazards posed by solar panels.

Report: PERS market to double by 2019

IHS: Younger average PERS user will drive growth, but just how young those users will be up is still up for debate
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08/13/2014

WELLINGBOROUGH, England—It’s a simple formula: A younger PERS user means a longer account life, and a longer account life means lower rates of attrition. Over the next five years, the North American PERS market is poised to grow on the strength of that proposition, rising from $700 million in 2014 to $1.5 billion by 2019, according to a recently published report from IHS.

Emergency Response Systems makes backyard buy

The California company adds a new vertical to its mix when it acquires some new monitoring and servicing accounts
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08/13/2014

RIVERSIDE, Calif.—In a move expected to enhance both companies, Emergency Response Systems, based here, has acquired the monitoring and servicing accounts of Corona, Calif.-based FSS ALARMS.

Senate tweaks House-passed CFATS bill

Senate committee wants to extend authorization interval proposed in House bill, which passed in July
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08/13/2014

WASHINGTON—Bipartisan cooperation and security industry feedback could help secure the passage of a Chemical Facility Anti-Terrorism Standards authorization bill before the end of 2014.

Security Electronics completes backyard account purchase

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Wednesday, August 13, 2014

Security Electronics, a home and business security company based in Muskego, Wis., near Milwaukee, recently purchased the accounts of Milwaukee Dynamic Security, a company headquartered on the north end of the Milwaukee metro area.

In a news release from the Davis Mergers and Acquisitions Group, which assisted Milwaukee Dynamic Security in the transaction, Don Larson, founder of Security Electronics, suggested the backyard account purchase will unite a pair of like-minded companies with similar regional roots.

The companies are also compatible on the technical level.  

“We both are in the same central monitoring facility and use much of the same equipment,” Larson noted in the release.

Jim Veith, owner of Milwaukee Dynamic, will remain with the company during the transition period, after which he plans to retire, the release noted.  

In the coming days I plan to connect with personnel at Security Electronics to discuss the implications of the deal, and how the backyard account purchase fits into the company’s near- and long-term strategies.

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