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Protection 1 adding solar to its mix

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08/08/2014

ROMEOVILLE, Ill.—Protection 1, based here, is joining the trend of security companies selling solar, the company has announced.

Lowe’s Iris thriving two years after launch

The home improvement retailer also is testing an installation option for customers who need assistance with the DIY smart home product
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08/06/2014

MOOREVILLE, N.C.—In the two years since Lowe’s launched Iris, the new do-it-yourself home automation/home security product is doing so well it’s offered in Lowe’s stores nationwide and the company is trialing an installation option for customers who need extra help.

Possible Protection 1 buyers: PE firm, telecom or cableco

Pro 1 is reportedly up for sale with a $1.5b price tag, and an analyst tells SSN having an 'asset of this quality' on the market is unusual
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08/06/2014

YARMOUTH, Maine—Home security giant Protection 1 is up for sale for more than $1.5 billion, Reuters reported this week. Likely buyers could range from a top private equity firm to a telecom or cableco, an industry analyst told Security Systems News.

Amherst Alarm takes 'deliberate' path to success

A considered approach to everything from products to services has ensured three decades of steady growth for N.Y. company
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07/30/2014

AMHERST, N.Y.—Amherst Alarm, one of the nation’s leading alarm companies, is celebrating its 30th anniversary this year. CEO Tim Creenan credits his company’s long-term success to its "slow and deliberate" approach to business.

B Safe adds density with Pennsylvania buy

The company is acquiring in 2014, and also enhancing its customer service
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07/23/2014

WILMINGTON, Del.—B Safe, a regional security company based here, has strengthened its position in eastern Pennsylvania with the purchase of Alarm Surveillance Technologies (AST) of Ambler, Pa.

SAFE Security shifts

Franklyn will spearhead partnerships with cablecos, branch
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07/23/2014

SAN RAMON, Calif.—Establishing branch offices, bundling services with telecoms/cablecos, and expanded DIY offerings are three initiatives SAFE Security has in its playbook, and it has hired Gary Franklyn, formerly with Security Networks, to spearhead these effort.

Matlin back in home security, as a consultant

The fired AlarmForce CEO’s noncompete has expired and he plans to help AlarmForce competitors with marketing
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07/23/2014

TORONTO—The yearlong noncompete of ousted AlarmForce CEO Joel Matlin is at an end and now he’s back in the home security business—as a marketing consultant.

DEFENDER differentiated by ADT

As ADT’s first ‘Premier Provider’, DEFENDER will work more closely with ADT on testing, other projects
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07/09/2014

INDIANAPOLIS—DEFENDER Direct has long been ADT’s top dealer. Now DEFENDER and ADT have formed a new partnership in which they’ll be collaborating on new initiatives.

Richard Ginsburg named CEO of Central Security Group

Former Protection 1 CEO will take CSG national
 - 
07/08/2014

TULSA, Okla.—Super-regional security company Central Security Group today named Richard Ginsburg as CEO. Ginsburg, who as CEO of Protection 1 grew it into one of the top three security companies in the country from 2001 to 2010, said he wants to grow CSG into a “significantly larger company.”

SafeStreets celebrates its 500,000th ADT customer

‘Megadealership’ created when three ADT dealers merged, SafeStreets may expand again
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07/02/2014

GARNER, N.C.—SafeStreets USA, ADT’s second-largest dealer, recently secured its 500,000th customer and has set its sights on adding more.

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Poll

SSN News Poll December 2014

In the wake of the recent expiration of their non-compete agreement, former sister companies ADT and TycoIS are now battling it out for a piece of the lucrative small-business pie. How will this affect the competitive landscape and regional providers? Tell us what you think.

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