Subscribe to Residential

Residential

Chicagoland installation firm grows with tuck-in account buys

 - 
01/01/2003

WOOD DALE, Ill. -With its largest acquisition to date, a low-voltage systems contracting firm based here is working toward its strategy of becoming a dominant player in the Midwest by concentrating on acquiring small scale companies and blocks of accounts.

Pro One not affected by recent Westar management shakeup

 - 
01/01/2003

TOPEKA, Kan. -Despite a high-profile shakeup in the leadership of Westar Energy, led by the indictment of the company’s chief and the resignation of an executive vice president, officials at Protection One said those changes at its corporate parent will have little effect on its own operations.

Eagle finalizes funding arrangements

SSN Staff  - 
01/01/2003

LEAGUE CITY, Texas -A provider of bundled digital services and security and home automation systems has secured a three-phase funding agreement to provide approximately $50 million for its digital services plan.

Eagle Broadband, based here, expects to receive the funding over the next two to four years, with the initial funding from phase two to be received by the end of the year, company officials said.

Security firm a 'no call' offender

 - 
12/01/2002

CHESHIRE, Conn. - A two-location home security firm based here paid the state $25,000 to settle charges that the security firm violated Connecticut's new No Call list.

Elan expands into U.K. market

 - 
12/01/2002

LEXINGTON, Ky. - Poised to capture a market in which custom audio-visual and automation systems for the home have only recently become popular, Elan Home Systems has introduced its full line to the United Kingdom.

Protection One restates earnings for two quarters

 - 
12/01/2002

TOPEKA, Kan. - An error in applying a new accounting standard to Protection One's financial results has caused the company to restate its first and second quarter earnings results, but officials said the restatement will have no impact on the company's ability to meet its debt covenants.

Westar forced to reorganize; chief executive indicted

SSN Staff  - 
12/01/2002

TOPEKA, Kan. - Westar Energy Inc.

Brink's hits milestone

After reaching 750,000 accounts, the home security company aims for millionth customer mark
 - 
12/01/2002

IRVING, Texas - Brink's Home Security announced in early November it had hit 750,000 customers, reaching a major milestone in the company's growth and inching closer to its closest competitor despite never having made a major acquisition.
The company, which has 90 percent of its account base in the residential market, saw its installed base increase by more than 77,000 installations in the first three quarters of 2002, an increase of about 15.

Home controls company launches manufacturing arm, expands base

 - 
12/01/2002

IRVINE, Calif. - A 10-year-old home controls maker here has launched a new division to better target its dealer and integrator base with its products and expand its distribution platform.

Briefs

SSN Staff  - 
12/01/2002

GE Capital to wind down equity fund

STAMFORD, Conn. - GE Capital announced in late October it would wind down its investment in its $3 billion private equity fund, called GE Equity, to protect the company against what it termed "volatile investments.

Pages

Poll

SSN News Poll July 2018

The guidelines for the EU GDPR—or General Data Protection Regulation—will become enforceable on May 25. These regulations, while being focused on European countries and their citizens, will have impacts for U.S.-focused companies. Is your security company concerned about the GDPR?