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Vivint gets $100m investment from Peter Thiel, Mitt Romney’s investment firm

Pedersen: Investment is ‘huge validation of what we have built’

PROVO, Utah—Vivint Smart Home on April 27 announced a $100 million strategic investment from Peter Thiel and Solamere Capital, an investment firm founded by Tagg Romney, Eric Scheuermann and Spencer Zwick, and chaired by Mitt Romney.

Per Mar expands new construction capabilities with latest deal

Acquisition of Northern Wisconsin Security & Sound brings 800 accounts and new office

DAVENPORT, Iowa—Per Mar Security Services, a super-regional based here, has acquired Northern Wisconsin Security & Sound, of Arbor Vitae, Wis., a company with particular expertise in the new home construction market, according to Per Mar president Brian Duffy.

Select Security reaches $1m in RMR

Growing company prepares for ‘big announcement’ in DIY Space

LANCASTER, Pa.—Select Security, based here, has reached $1 million in RMR following several years of rapid growth both organically and through acquisition. Select Security president Steve Firestone told Security Systems News, “We are getting ready to make a big announcement in the DIY space within the next four- to six weeks.”

Nortek Security & Control brings 2GIG video solutions to resi market

Cameras make life easier for dealers, homeowners

CARLSBAD, Calif.—Nortek Security & Control, a security and home control company located here, recently announced its full line of new 2GIG IP video solutions for the residential and small business markets, where the company sees a growing demand for these products and services. opens new global HQ facility

Added space and technology expands dealer-training capability

WASHINGTON— officially opened its new global headquarters here in March, bringing the entire company under one roof and expanding its dealer-training capability.

ADS Security expands North Carolina market with latest acquisition

Purchase of Central Carolina Security marks 20th branch for ADS

NASHVILLE, Tenn.—ADS Security, a super-regional headquartered here, has acquired customer accounts from Central Carolina Security of Sanford, N.C., and will retain the Sanford location, marking the 20th branch for ADS.

Titan Alarm secures $5m credit line, makes first acquisition of 2016

Family-owned company looks to double size in next two years

PHOENIX—After closing on a $5 million line of credit with The PrivateBank, Titan Alarm bought one company and plans to buy another before the end of the month.

Resi security industry preps for ISC West

New technology, meeting vendors tops ‘to-do’ lists

YARMOUTH, Maine—With ISC West right around the corner, Security Systems News asked some leading players on the residential security side to share their game plans for this year’s show at the Sands Expo in Las Vegas, April 5-8.

ADS Security launches initiatives to retain resi customers, grow commercial side

Super-regional nears $3 million in RMR

NASHVILLE, Tenn.—ADS Security has hit the ground running in 2016 with aggressive campaigns to maintain residential customers while growing its commercial business, and a continued strong pace of acquisitions.

Settlement reached in Joel Matlin’s $11.3 million lawsuit against AlarmForce

Former AlarmForce CEO and founder Matlin ‘happy it has been resolved’

TORONTO—A settlement was reached on March 10 in Joel Matlin’s $11.3 million lawsuit against AlarmForce.



SSN News Poll December 2016

Some companies take a focused approach to breaking into­—or growing within particular—vertical markets; "We are really heavy on the casino side, so we decided—let’s be the No. 1 gaming integrator in North America,” said Surveillance Systems Inc. president Todd Flowers. Where do you see the next big opportunity?