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Commercial and Systems Integrators

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.'
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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

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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
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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

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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
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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.

F.E. Moran has new equity partner, surpasses $1m RMR

Ten-year strategic growth plan calls for move to Wisconsin, Ohio, Kentucky, Missouri
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01/06/2016

CHAMPAIGN, Ill.—After several years of searching, F.E. Moran finally found an equity partner that offers what CEO Brett Bean calls “access to permanent capital,” something that’s not common in the security industry and that will allow the systems integrator to expand into four new states in the near future.

First Alarm readies for acquisitions in 2016

Dave Hood says central station can ‘support a lot more accounts’
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01/04/2016

APTOS, Calif.—First Alarm, a full-service company based here, is modernizing its business to prepare for acquisitions, possibly in the new year, company president Dave Hood told Security Systems News.

Convergint buys Dakota Security

Deal brings banking vertical expertise, opportunity for Dakota to go global
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01/04/2016

SCHAUMBURG, Ill.– Convergint Technologies, a global systems integrator based here, today announced the acquisition of Dakota Security Systems, one of the fastest growing and most well respected systems integrators in the country.

Guardian Alarm doubles Florida footprint with buy

Acquired company SVI Systems is mostly commercial
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12/15/2015

SOUTHFIELD, Mich.—Guardian Alarm, a super-regional company based here, has acquired SVI Systems, based in Stuart, Fla., nearly doubling its size in that state.

SMS Integration, formerly Smoky Mountain Systems, acquires first branch

Dom D’Ascoli assembles team of industry veterans, has plans to expand
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12/07/2015

FRANKLIN, N.C.—After being in business for 32 years, Smoky Mountain Systems has changed its name to SMS Integration and it acquired its first branch office in Myrtle Beach, S.C.

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Poll

SSN News Poll January 2017

Some companies this year have discussed the benefit of moving from operating their own central stations to partnering with a third party monitoring center, including RFI Communications, Red Hawk Fire & Security and Comtronics. Will more companies switch to using wholesale centrals?