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ADS Security acquires fourth company in six months

Busy super-regional surpasses $3m in RMR

NASHVILLE, Tenn.—ADS Security, a super-regional security and automation company based here, has acquired customer accounts from Alarm Specialists of Cocoa, Fla. The purchase adds approximately 1,600 accounts—60 percent residential and 40 percent commercial—that will be serviced by ADS’s Melbourne, Fla. office.

Per Mar acquires guard and patrol company

120 Neighborhood Patrol employees join Per Mar Security Services

DAVENPORT, Iowa—Des Moines, Iowa, is now Per Mar Security Services’ largest market for guards and patrol services following its July 1 acquisition of Neighborhood Patrol, Per Mar division president Brad Duffy told Security Systems News.

New research: MSOs turn to security for better equipment

Resi industry to see 5 percent CAGR over next few years

ENGLEWOOD, Colo.—New findings by market research firm IHS reveal that MSOs are falling short of their goals for penetration within the residential security industry, partly because of their reliance on inferior security products. This is good news for domestic security manufacturers because MSOs are now starting to turn to them for equipment, according to IHS. Research also forecasts a 5 percent CAGR for the security industry over the next few years.

SAFE Security promotes Gary Franklyn to SVP, dealer sales

Franklyn: ‘We can grow the business significantly in the coming years’

SAN RAMON, Calif.—SAFE Security, a national security company based here, recently promoted Gary Franklyn to the newly created position of senior vice president of dealer sales, where he will be responsible for all facets of dealer management including dealer sales and marketing and dealer recruitment and retention. Franklyn will be based out of Safeguard Security, SAFE’s branch office in Scottsdale, Ariz.

Select Security closes on $55m credit facility with Goldman Sachs

Egan: Funds to be used for acquisitions, launch of DIY product with Mace

LANCASTER, Pa.—Select Security, a super regional security company based here, received a $55 million senior credit facility with the Goldman Sachs Specialty Lending Group.

Select Security partners with Mace to launch national DIY product

Company finalizing manufacturer choice, executive director to oversee program

LANCASTER, Pa.—Select Security, a super-regional based here, is partnering with Mace, best known for its pepper spray, to launch a DIY product nationally in 2016.

LOUD Security acquires company, will launch DIY division

Business booming with both commercial and resi

KENNESAW, Ga.—LOUD Security, based here, recently purchased 400 accounts from Saturn Security Systems of Newnan, Ga.

ADT warns of rise in deceptive sales practices

CSAA, ESA and BBB join ADT for press conference in Utah

SALT LAKE CITY—With the summer door-knocking season upon us, the Better Business Bureau held a news conference here May 25 to address the fact that a handful of Utah home security companies are responsible for the majority of questionable sales practices occurring within the security industry.

Security ONE acquires Homematix Systems

Deal strengthens foothold in Ontario, particularly with homebuilders

LEAMINGTON, Ontario—Security ONE Alarm Systems, a security and automation company headquartered here, has acquired Homematix Systems. The complete fold-in includes the company’s 500 accounts, its office in London, Ontario, and approximately 10 employees, comprising administrative and sales staff as well as technicians.

Custom Alarm recognized as a women-owned business

New designation boosting sales in new construction market

ROCHESTER, Minn.—Custom Alarm, a super-regional security company based here, has been certified as a women-owned business on the state level and on the federal level through the Small Business Association.  



SSN News Poll May 2018

Rave Mobile Safety recently released survey info on employees’ understanding and perception of their workplaces’ emergency plans. Active shooters have become a more prevalent concern for schools, businesses and other meeting areas. Can security companies be better involved with emergency management?