BOCA RATON, Fla.—ADT went outside the security space to find its new chief marketing officer and its new vice president of dealer sales. Both new hires say they’ll put the skills they honed working in other industries to good use at ADT.
NEW YORK—Monitored security companies will stay at the top of the U.S. managed smart home market for the next five years, but their market share will drop more than 50 percent by 2019 as competitors such as telecoms and cablecos leverage their own strengths in the space, predicts a new report from ABI Research.
PROVO, Utah—Vivint has been making a habit in the past year of going outside the industry to hire members of its leadership team. The latest example is Jeff Lyman, who worked for Nike before joining the home automation/home security giant.
TUCSON, Ariz.—Vyanet Operating Group acquired Guard Pro Protection Services, based here, on Feb. 7. The two companies’ new strategic relationship creates growth opportunities, according to Steve Abril, founder of Guard Pro.
NASHVILLE, Tenn.—ADS Security, based here, this week announced the acquisition of the accounts of two Alabama security companies, Advanced Electronic Solutions of Opelika, and Guardian Security Systems of Decatur.
WARRENDALE, Pa.—A new in-house financing feature offered by Guardian Protection Services’ authorized dealer program is a major reason one of California’s largest security dealers has joined the program, expanding Guardian’s presence in that lucrative market.
CHARLOTTE, N.C.—Sonitrol Security Services recently became a Honeywell First Alert Professional (FAP) dealer, a move that will help the company “take it to the next level” in the high-end residential market, said Sonitrol Security CEO and President William Price.
WILMINGTON, Del.—B Safe, based here, recently made two buys in New Jersey, giving the company more depth in that state, according to Mary Cakir, customer service manager for the regional security and fire company.
SACRAMENTO, Calif.—GHS Interactive Security, a new home security company based here, announced this week that it is expanding into southern California with the hire of Shaun Carpenter, an industry veteran who has run large dealer programs in that area for the past 10 years.