DALLAS—The “verticalization” of ADT’s new commercial business unit is nearing completion, John Kenning, president of ADT North America Commercial, announced at ASIS on Oct. 12. .He also announced the creation of a new 7,145-square-foot Integrated Solutions Center.
BOCA RATON, Fla.—Quality and competitive pricing helped a small Dallas-based company beat out foreign competition to win a multi-million dollar contract from ADT Security Services, ADT announced Oct. 11.
HyperGraphic Impressions won a contract of up to $12 million from ADT. The contract will result in the production of millions of yard signs for ADT customers. ADT needs more signs because the electronic security giant continues to grow.
BOCA RATON, Fla.—Residential security giant ADT says it is actively going after security companies, big and small, who make “the mistake” of using signage that looks like ADT’s trademarked octagonal, blue sign. This summer, ADT filed lawsuits against three companies and won permanent injunctions against those companies, which means they’re legally prohibited from using the blue octagonal signs to advertise their businesses.
LAWRENCE, Kan., and CHICAGO—Equity firm GTCR announced today the acquisition of Protection One, the second-largest security alarm company in North America, now that ADT and Broadview have combined. Our lead story has the ins and outs of the whys and whos, including interviews with ProOne CEO Richard Ginsburg, Michael Barnes, John Mack, and principal of GTCR David A. Donnini.
BOCA RATON, Fla. and DALLAS—To cater to the specific and very different needs of its residential and commercial customers, ADT Worldwide president Naren Gursahaney today announced that ADT would split into two separate organizations: ADT North America Residential and Small Business, led by John Koch, and ADT North America Commercial, led by John Kenning.
SCHAFFHAUSEN, Switzerland, and IRVING, Texas--ADT's parent company, Tyco International, announced this week that it will acquire Broadview Security, formerly Brink's Home Security, for $2 billion. The exact multiple paid for the transaction appears to be in the mid 40s, though discussions continue on that topic.