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Tech Systems expands in Canada

Integrator hires GM to oversee growth north of the border
 - 
03/15/2016

DULUTH, Ga.—Systems integrator Tech Systems Inc., based here, is actively working to expand its business in Canada and has hired Antoinette Modica as GM of TSI Canada to work with current TSI Canadian customers and to oversee the expansion across the country

ADT/Protection 1 merger gets FTC go-ahead

 - 
03/11/2016

BOCA RATON, Fla.—The ADT/Protection 1 merger passed one regulatory hurdle this week when the U.S. Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act).

Pro-Tec has new owners, goes ESOP

Eva Mach named Pro-Tec president and CEO
 - 
02/24/2016

MINNEAPOLIS—Tom Hagen, long-time president and owner of independent integration firm Pro-Tec Design, is the latest security executive to choose ESOP (employee stock ownership plan) as an exit strategy

Red Hawk makes first acquisition

 - 
02/17/2016

BOCA RATON, Fla.—In its first acquisition since it became an independent company in 2102, Red Hawk Fire & Security today announced the acquisition of Systems Sales Corporation.

MAC buys Eagle Security Systems

Eagle Security System adds $2 milliion in revenue
 - 
02/17/2016

DENVER—Mountain Acquisition Company, a Denver- based holding company, in February acquired Eagle Security Systems, a $2 million, 20-employee residential and commercial security provider based in Chico, Calif.

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.”

Securitas adds two to leadership team

 - 
02/11/2016

UNIONTOWN, Ohio—Securitas Electronic Security, formerly Diebold Security, today announced two new senior staff members. Ina Staris has been appointed VP, legal, general counsel & secretary, and Pete Straka has been appointed VP, human resources.

Worldwide is latest ‘search fund' acquisition deal

Novidam’s Schuil says ramping up access, video, interactive services on the to-do list
 - 
02/03/2016

NEW YORK—The purchase of Worldwide Security by Novidam Capital Partners is the latest example of a “search fund” acquisition deal, a specialized finance model that brings entrepreneurs into the security industry.

Tyco closes ShopperTrak acquisition

 - 
01/27/2016

CORK, Ireland—Tyco on Jan. 26 announced that it has completed the $175 million cash acquisition of ShopperTrak, a Chicago-based global provider of analytics for the retail industry.

Tech Systems boot camps lead to professional certifications

Shaw: Professional certifications benefit integrator, clients, industry
 - 
01/20/2016

ATLANTA—Tech Systems Inc. has organized study groups and boot camps to help its employees get professional education certifications such as the ASIS CPP and PSP. It will even pay for books and test registration fees.

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Poll

SSN News Poll June 2016

ISC West 2016 had a lot to offer, on and off the show floor. What were your objectives this year at the industry’s largest trade show?

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