PROVO, Utah—Vivint Smart Home on April 27 announced a $100 million strategic investment from Peter Thiel and Solamere Capital, an investment firm founded by Tagg Romney, Eric Scheuermann and Spencer Zwick, and chaired by Mitt Romney.
DAVENPORT, Iowa—Per Mar Security Services, a super-regional based here, has acquired Northern Wisconsin Security & Sound, of Arbor Vitae, Wis., a company with particular expertise in the new home construction market, according to Per Mar president Brian Duffy.
LANCASTER, Pa.—Select Security, based here, has reached $1 million in RMR following several years of rapid growth both organically and through acquisition. Select Security president Steve Firestone told Security Systems News, “We are getting ready to make a big announcement in the DIY space within the next four- to six weeks.”
CARLSBAD, Calif.—Nortek Security & Control, a security and home control company located here, recently announced its full line of new 2GIG IP video solutions for the residential and small business markets, where the company sees a growing demand for these products and services.
NASHVILLE, Tenn.—ADS Security, a super-regional headquartered here, has acquired customer accounts from Central Carolina Security of Sanford, N.C., and will retain the Sanford location, marking the 20th branch for ADS.
YARMOUTH, Maine—With ISC West right around the corner, Security Systems News asked some leading players on the residential security side to share their game plans for this year’s show at the Sands Expo in Las Vegas, April 5-8.
NASHVILLE, Tenn.—ADS Security has hit the ground running in 2016 with aggressive campaigns to maintain residential customers while growing its commercial business, and a continued strong pace of acquisitions.