OREM, Utah—After NorthStar Alarm Services moved into a new 30,000 square foot facility here, the company was able to improve internal communications, bring the company together more and increase local recognition.
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.
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.
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.
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.
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.
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.
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.
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.
Some companies this year have discussed the benefit of moving from operating their own central stations to partnering with a third party monitoring center, including RFI Communications, Red Hawk Fire & Security and Comtronics. Will more companies switch to using wholesale centrals?