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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.

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.

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.

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
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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.

Fortress looks to bring cybersecurity to the residential market

Company will be entering trials this year and eventually seeking channel partners
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05/03/2017

ORLANDO, Fla.—Fortress Cyber Security seeks to bring cybersecurity into the residential market through its new device, the Fortress UTM—or Unified Threat Management.

MONI sees success with signing bonus

The bonus program benefits more than small or start-up dealers, company says
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04/26/2017

DALLAS—At this year’s ISC West 2017, MONI began offering dealers a signing bonus, and the company had “tremendous success” at the show, according to Travis Miller, company director of sales.

Priority One Security acquires Blue Ridge Security Solutions

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04/12/2017

GREENVILLE, S.C.—Priority One Security, a full-service security company based here, has acquired Blue Ridge Security Solutions, a security company based in Anderson, S.C., according to an email to GSA Business Report from William R.

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Poll

SSN News Poll October 2017

Sandy Springs, Ga.—like several other municipalities—recently faced the problem of harmful false alarm ordinances negatively impacting the industry. Are you concerned about negative alarm ordinances?