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Sentry Security acquires Stand Guard Security


WHEELING, Ill.—Sentry Security, based here, has acquired Stand Guard Security, of Crystal Lake, Ill., according to the Davis Mergers and Acquisition Group, which assisted in the transaction.

American Alarm’s backyard buy adds density

The company bolts on a Worcester, Mass. company, enhancing service; it also grows revenue by 15 percent, RMR by 14 percent

ARLINGTON, Mass.—American Alarm and Communications is having a banner year: The company has acquired a bolt-on in its backyard that adds density and boosts the company’s service capabilities, and it ended its fiscal year with revenues that exceeded expectations.

ADS buys Security Services

The super-regional plans a larger purchase in a new market this fall

NASHVILLE, Tenn.—Forging ahead with its planned acquisition strategy, ADS Security has acquired Savannah, Ga.-based Security Services, its second fold-in this year.

ADS buys in Savannah


NASHVILLE, Tenn.—ADS Security has acquired the customer accounts of Georgia-based Security Services, Inc.

Fired AlarmForce CEO fighting his ouster

Joel Matlin, who founded the company, says he has a legal strategy to remove board members who forced him out

TORONTO—The recently ousted CEO of AlarmForce Industries, one of Canada’s largest security companies, said he’s planning a legal strategy designed to replace the board members who fired him.

Florida company succeeds with unique business model

Just one branch of Crime Prevention Security Systems is a Guardian dealer while the company’s main office operates independently

GAINESVILLE, Fla.—Founded by a microbiologist and a special education teacher, Crime Prevention Security Systems wasn’t your typical security company when it began 38 years ago and it still stands out from others today.

Latest change for Devcon welcomed

Devcon CEO Steve Hafen says ADT’s plan to buy the company is 'great news'

HOLLYWOOD, Fla.— Devcon Security has undergone dramatic changes in the past few years: a rapid expansion, then an even faster downsizing and also a management shake-up. Now, an even bigger change—ADT’s announcement today that it has signed a deal to acquire Devcon for $148.5 million—is a welcome one, Devcon CEO Steve Hafen told Security Systems News.

ADT to acquire Devcon Security for $148 million

ADT looking for more acquisitions

BOCA RATON, Fla.—The ADT Corp. announced this morning that it plans to acquire Devcon Security from Golden Gate Capital for $148.5 million. The deal—ADT’s first major acquisition since spinning off from Tyco International last fall—brings 117,000 accounts and $3.6 million of RMR. The transaction is expected to close in early August, Naren Gursahaney, ADT CEO, said during an investor call today.

Home security photos feature in murder case against ex-NFL star Hernandez


ATTLEBORO, Mass.—Former New England Patriots tight end Aaron Hernandez is holding what authorities have said is a gun in several surveillance photos recorded hours before—and minutes after—his friend was shot to death, according to an Associated Press report.

Canary: Security device so smart it ‘can think for itself’

NYC startup company offering Canary so far has raised more than half a million dollars in just three days using crowdfunding—getting financial support via the Internet—to bring the device to market

NEW YORK—Canary is the name of a security startup here—and like a canary in a coal mine the company has been testing this week to see if it could raise enough money through crowdfunding to launch what has been dubbed as “the first affordable home security system that can think for itself.” The answer is a resounding yes.



SSN News Poll January 2016

There's a lot of private equity interest in security. Many top security companies, such as Vivint, Protection 1, CSG Security and Alarm Capital Alliance, are PE-backed. What do you think about private equity's involvement in the security industry?

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