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Ascent Capital Group names new CFO

Fred Graffam will become CFO of Ascent and its wholly-owned subsidiary MONI
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07/19/2017

ENGLEWOOD, Colo.—Ascent Capital Group, MONI’s parent company based here, announced yesterday that Fred Graffam will succeed Michael Meyers as Ascent’s CFO as well as MONI’s CFO.

MAC purchases Western Security Systems

Company gains $43,000 in RMR, deal fits into existing footprint
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07/12/2017

ASPEN, Colo.—Mountain Acquisition Company, a holding company based here, recently announced the purchase of Western Security Systems, which is based in Steamboat Springs, Colo.

Owen Security Solutions receives $5 million line of credit

Company’s first revolving line of credit to help expand commercial division organically
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06/28/2017

CALHOUN, Ga.—Owen Security Solutions, a residentially focused company based here, received a $5 million senior revolving line of credit from Capital One, the financial institution announced today.

Select Security to acquire AlarmForce’s US subscribers

Select to nearly double, gaining 28,000 accounts in $11.6 million deal
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06/15/2017

LANCASTER, Pa.—Select Security, a super-regional alarm company based here, on June 14 entered into an agreement to buy the U.S. subscriber base of AlarmForce, a Toronto-based company, which will maintain its Canadian business.

Select Security announces acquisition

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06/12/2017

LANCASTER, Pa.—Select Security, a super-regional security company based here, on June 12 announced its acquisition of Intelligent Technology Inc. and Carolina Security Group, based in Charlotte, N.C.

Fortress Security secures $2m in funding

Capital will help drive continued growth of business and RMR, CEO says
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05/24/2017

DALLAS—Fortress Security, a full-service residential and commercial security system company based here, announced that it has secured funding worth up to $2 million, which will be used to expand the company, according to CEO Jerrod Smith.

American Alarm purchases Security Design Consultants

Following the acquisition, SDC employees joined American Alarm
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05/24/2017

ARLINGTON, Mass.—American Alarm and Communications, a full-service security company based here, this week announced the acquisition of Security Design Consultants, based in Westwood, Mass.

Huronia acquires in Ontario

Company expands its account base, gains a redundant central station
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05/19/2017

MIDLAND, Ontario—Huronia Alarm & Fire Security Inc., a full service security company based here, announced on May 10 the largest acquisition in its history, purchasing Peerless Security & Muskoka Fire Protection Services Limited. The deal adds 2,000 accounts to Huronia’s existing base of 6,000 accounts.

Parks Associates’ annual conference set for Silicon Valley

Research firm says recurring revenues from smart homes will exceed $1 billion by 2021
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05/17/2017

DALLAS—Nearly 38 million U.S. households will have a smart home controller by 2021, generating more than $1.2 billion in recurring service revenue, according to research firm Parks Associates, which is hosting its 21st annual CONNECTIONS: The Premier Connected Home Conference, May 23-25, at the Hyatt Regency San Francisco Airport.

Vivint partners with Best Buy

Partnership will help Vivint’s branding and exposure
 - 
05/10/2017

PROVO, Utah—A new partnership between Vivint and Best Buy will allow consumers to shop for Vivint smart home products in a physical store, in the same way they can purchase other consumer electronics, and the smart home and security company plans to be in more than 400 Best Buy stores by the end of October.

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Poll

SSN News Poll September 2017

A variety of dealers and monitoring centers have taken interest in the PERS, mPERS and medical monitoring space. How do you think PERS and security could interact?