JACKSON, Mich.—Earlier this year, Comtronics decided to move its monitored accounts to National Monitoring Center, based in Lake Forest, Calif. Previously, Comtronics operated its own UL-listed, CSAA Five Diamond central station for the past 48 years.
BOCA RATON, Fla.—Red Hawk Fire & Security announced this week that its accounts will now be monitored by Affiliated Monitoring as part of a new alliance between the companies. Additionally, Affiliated will now own and operate Red Hawk’s central as a load-balancing monitoring center.
HANOVER, Md.—Eyewitness Surveillance, a provider of video analytics and monitored video surveillance based here, received a $25 million five-year revolving line of credit from Capital One, the bank announced in mid-September. At the same time, Eyewitness received a separate investment from private equity firm LLR Partners, based in Philadelphia.
YARMOUTH, Maine—Wholesale monitoring centers use a variety of methods to grow their revenue and account bases, but dealer relations and support is the key to success, according to several executives who spoke to Security Systems News.
YARMOUTH, Maine—In the past few years, several providers have introduced monitoring center software that will enable central station infrastructure to sit in the cloud. Proponents of this software say it can reduce the cost of entry for new monitoring stations to start up, bring new capabilities to existing monitoring stations and make it easier for end users to set up proprietary monitoring stations.
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?