SAN FRANCISCO-Alarm dealers who want financing for acquisitions and debt consolidations, but do not want to sell off accounts, can check out a new financing program announced in July by Alarm Financial Services.
Aimed at dealers seeking loans of $150,000 to $1 million, the program includes term loans up to 60 months as well as revolving lines of credit.
EDMONTON, Alberta--VOXCOM Income Fund, a major player in the Canadian residential security market, completed the purchase of an unnamed Toronto-based alarm company on July 24.
And on August 8, the company added another 800 accounts, purchased from an unnamed Alberta-based alarm company.
DALLAS--Makrowest LLC, a holding company, made its first acquisition this past spring with Dallas-based Knight Security, founded in 1983. Terms of the deal were not released, but the new combined company will adopt the Knight name while retaining the form of a limited liability company.
PROVO, Utah--The idea behind building a new 50,000-square-foot headquarters here was to consolidate the staff and operations from three separate office buildings.
In what is likely not the worst problem to face in business, by the time the new headquarters was ready for occupancy in April, the company had grown so much that the company had to retain one of the three original buildings.
BRADENTON, Fla.--An exclusive arrangement like the one announced in June between GE Security and Protection One is a bit unusual for GE, said Jim Paulson, general manager of the intrusion group for GE Security.