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My Alarm Center's new business model driving success

Organic growth strategy, new DIY division paying dividends
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08/17/2016

NEWTOWN SQUARE, Pa.—My Alarm Center, a super-regional security company with a rapidly evolving national presence, is coming off an impressive year of organic growth, complemented by the success of its new DIY division, LivSecure.

B Safe makes fourth acquisition of the year

Company ‘approaching’ $500,000 in RMR
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08/03/2016

WILMINGTON, Del.—B Safe, a regional provider of security and fire alarms in Delaware, Maryland, New Jersey and Pennsylvania, made its fourth acquisition of the year in July with the purchase of Eyes On You Security of Bear, Del. This deal follows the acquisition of Delaware Electric Signal in March, and two companies in New Jersey in Feb., adding approximately 4,500 total new accounts.

Titan Alarm acquires again

CEO Proudfit says two more deals expected by month’s end
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08/03/2016

PHOENIX—Titan Alarm, a security, access, fire and surveillance company based here, made its second acquisition of the year with the purchase of 440 accounts from Giant Security Systems, Inc., also based here.

Select Security expands into Virginia

Egan says Select is ‘just getting started’ with purchase of 5 Star Security
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07/27/2016

LANCASTER, Pa.—Just one month after securing a $55 million credit facility with Goldman Sachs, Select Security, a super-regional security company based here, has acquired 5 Star Security, a Bluemont, Va.-based high-end residential company.

The art of the security deal

Loud, Bitton, Duffy and Cerasuolo talk navigating the acquisition landscape
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07/27/2016

YARMOUTH, Maine—From first meetings with a prospective seller to closing on the final deal, navigating the complicated acquisition landscape can be daunting. That’s why Security Systems News asked four residential companies who are active acquirers—LOUD Security, ADS Security, Per Mar Security Services and Supreme Security Systems—to provide an inside look at what it takes to get a good deal done.

Smart home adoption to benefit security

Parks Associates: Home security systems will finally surpass the 20 percent penetration rate
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07/20/2016

DALLAS—Market research firm Parks Associates, based here, is predicting that an increase in smart home controllers will drive the adoption of home security systems—moving the penetration rate of home security systems past the 20 percent mark up to 26 percent by 2020.

Shiver Security revving up resi plans

Dealer packaging Honeywell products to capture smart home market
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07/13/2016

MASON, Ohio—Shiver Security, a commercially focused security company based here, is revving up its resi plans for 2016 following a successful first year of marketing and growing the business.

Alliance Security looks to sustain record growth

Dealer strengthening foundation after nearly doubling revenue and staff in 2015
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07/13/2016

CRANSTON, R.I.—Alliance Security, a national security company based here, is in the process of building up its infrastructure following a year of record growth in 2015 that saw the company’s revenue nearly double to more than $100 million, and its employee numbers climb from 300 to 500—all while transitioning into a new headquarters.

ADS Security acquires fourth company in six months

Busy super-regional surpasses $3m in RMR
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07/13/2016

NASHVILLE, Tenn.—ADS Security, a super-regional security and automation company based here, has acquired customer accounts from Alarm Specialists of Cocoa, Fla. The purchase adds approximately 1,600 accounts—60 percent residential and 40 percent commercial—that will be serviced by ADS’s Melbourne, Fla. office.

Per Mar acquires guard and patrol company

120 Neighborhood Patrol employees join Per Mar Security Services
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07/06/2016

DAVENPORT, Iowa—Des Moines, Iowa, is now Per Mar Security Services’ largest market for guards and patrol services following its July 1 acquisition of Neighborhood Patrol, Per Mar division president Brad Duffy told Security Systems News.

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Poll

SSN News Poll October 2016

ESA and SIA have recently come out against the latest overtime ruling, which more than doubles the threshold for earning overtime pay. How will it impact your business?