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Canadian co. buys into biz

Union Energy signs agreement to acquire full-service alarm firm Protectron
 - 
08/01/2005

TORONTO--In late June, UE Waterheater Income Fund, through its Union Energy operating unit, entered into an agreement to purchase full-service security company Gestion Protectron for CDN 135 million ($109 million).
Founded in 1988 and headquartered in Montreal, Protectron--a company that added 40,000 accounts to its base when it acquired Protection One Canada from Westar Energy in 2002--accounts for approximately 176,000 residential, commercial and wholesale subscribers in Quebec, Ontario and British Columbia.

Brink's celebrates another branch grand opening

SSN Staff  - 
08/01/2005

IRVING, Texas--Brink's Home Security opened the doors to its new office in south Atlanta in late May. It is the second branch to open for the company in the past eight months.

AlarmForce's revenue exceeds $6M

Brief
SSN Staff  - 
08/01/2005

TORONTO--AlarmForce announced its revenue in the first six months of 2005 exceeded CDN 8 million ($6.55 million).

Protection One continues to unload

 - 
08/01/2005

LAWRENCE, Kan.--Protection One continued to reduce its indebtedness in late June as the company cut down its existing debt by $15 million, while at the same time expanding its operations in both the residential and commercial sectors.

First Alarm solidifies reach with acquisition

 - 
08/01/2005

APTOS, Calif.--Two competing independent alarm businesses are consolidating efforts in a move that will solidify the combined entity's position as one of the largest security companies in the Monterey Bay region of California.

Microtec gets the OK, announces CFO resignation

Brief
SSN Staff  - 
08/01/2005

ST. AUGUSTIN, Quebec--After struggling to reorganize the company for three years amid debt it acquired during the mass marketing age, Microtec Enterprises' shareholders approved a recapitalization plan in June that makes Microtec a wholly owned subsidiary of First National AlarmCap.

Silent Partner broadcasts brand to residential users

Not so quiet
 - 
08/01/2005

MARSHALL, Va.--Silent Partner Security Systems launched an advertising campaign earlier this year that owner Sam Rogers anticipates will assist with the company's goal of tripling the size of its residential division by the end of 2005.

Voxcom Purchases more accounts from Stealth Alarm Systems

SSN Staff  - 
08/01/2005

EDMONTON, Alberta--Voxcom Income Fund announced on June 21 that it purchased approximately 1,000 additional customer accounts in Alberta from Stealth Alarm Systems.
Voxcom originally purchased 16,000 Alberta-based accounts from Stealth last December.

Brink's shares rise on report of possible division sale

Brief
SSN Staff  - 
08/01/2005

RICHMOND, Va.--Shares of The Brink's Co.

On guard: Firm watches its service, false alarms

 - 
07/01/2005

JACKSON HOLE, Wyo.--Nine years ago, Michael Keegan and his wife, Luette, gave up the their lives in the East after purchasing security company Watchguard Security Systems in a tourism-driven locale in Wyoming.

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SSN News Poll December 2014

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