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Apollo

Megamergers: benefit or pitfall?

Industry leans toward ‘benefit,’ but debate continues
 - 
03/16/2016

YARMOUTH, Maine—Industry consolidation will accelerate this year with two megamergers—the Tyco/JCI deal and the ADT/Protection 1 merger—expected to close by the end of 2016. Does this activity help or hurt the industry? Respondents to Security Systems News’ latest news poll who said massive consolidation is good just barely edged out those who said these megadeals hurt the industry. Meanwhile, another group of respondents said they have other things to worry about.

Monitoring companies foresee benefits from ADT/Protection 1 merger

Five leading monitoring companies share views on megamerger
 - 
03/09/2016

YARMOUTH, Maine—Monitoring companies have an opportunity to attract new business, new dealers and new employees in the wake of the planned ADT/Protection 1 merger, according to five leading monitoring companies who spoke to Security Systems News.

After ADT's news, Ascent stock rises

 - 
Wednesday, February 17, 2016

Ascent Capital Group’s stock price rose yesterday, on news of the ADT/Apollo deal.

Apollo to buy ADT for $6.9 billion, combine with Protection 1

Tim Whall to be CEO of combined business, which will operate 'primarily under the ADT brand.'
 - 
02/16/2016

BOCA RATON, Fla.—Apollo has landed again. After years of rumors that ADT would be acquired by one entity or another, the home and business security giant today announced it has agreed to be acquired by Apollo Global Management for $6.9 billion ($42 per share). Apollo plans to combine ADT with Protection 1 and, according to an ADT news release, “will operate primarily under the ADT brand.”

Protection 1 buys Cam Connections

Cam Connections has loss prevention expertise, many ‘leading business customers’
 - 
06/02/2015

LAKELAND, Fla.—Protection 1 announced today that it is buying Cam Connections, (CCI) a full-service integrator based here. The acquisition comes in the midst of Protection 1 being acquired by Apollo Global Management, but it’s still closing deals on its own.

Apollo lands Protection 1, ASG

Whall: Combined company will be ‘a force in the marketplace’
 - 
06/01/2015

NEW YORK—Apollo Global Management is about to take one giant leap into security with its May 19 agreement to acquire Protection 1 and ASG Security.