BELLEVUE, Wash. - A new location for residential systems integrator Home Technologies equals out to more than just fresh space - it consolidates once separated operations and aims at educating potential clients.
NEW YORK - Fitch Ratings has placed Protection OneÃ¢â‚¬â„¢s Ã¢â‚¬ËœCCÃ¢â‚¬â„¢ senior unsecured and Ã¢â‚¬ËœCÃ¢â‚¬â„¢ senior subordinate ratings on Ratings Watch Positive, the companyÃ¢â‚¬â„¢s first upgrade on its notes in more than one year.
The move follows Protection OneÃ¢â‚¬â„¢s announcement in November that it has reached an agreement with affiliates of the Quadrangle Group, the companyÃ¢â‚¬â„¢s largest creditors and its majority equity holders, on a debt restructuring plan that would reduce the companyÃ¢â‚¬â„¢s total debt by approximately $190 million to roughly $356 million.
ST-AUGUSTIN, Quebec - Microtec Enterprises ended its year on a high note of sorts, announcing an agreement with Securex Investments to develop a new alarm entity that combines subscribers from both companies.
The plan calls for 100,000 Microtec alarm subscribers to be grouped with 18,000 alarm subscribers with Securex Master Limited Partnership under a new entity, according to Len Suderman, president of Securex.
REDONDO BEACH, Calif. - When Don Moore, the president of Moore Protection, was looking to start a marketing campaign to increase his companyÃ¢â‚¬â„¢s high-end residential market share, having a seasoned advertising executive design it was more than he could hope for.
WEST PALM BEACH, Fla. - Fresh off its recent acquisitionÃ‚Â of 3,000 accounts from Pilot Home Technologies in North Carolina, Security Networks is in the midst of a growth plan designed to bump the companyÃ¢â‚¬â„¢s business in the southeast corridor of the United States.