REDONDO BEACH, Calif. - When Don Moore, the president of Moore Protection, was looking to start a marketing campaign to increase his companyÃ¢â‚¬â„¢s high-end residential market share, having a seasoned advertising executive design it was more than he could hope for.
NEW YORK - Fitch Ratings has placed Protection OneÃ¢â‚¬â„¢s Ã¢â‚¬ËœCCÃ¢â‚¬â„¢ senior unsecured and Ã¢â‚¬ËœCÃ¢â‚¬â„¢ senior subordinate ratings on Ratings Watch Positive, the companyÃ¢â‚¬â„¢s first upgrade on its notes in more than one year.
The move follows Protection OneÃ¢â‚¬â„¢s announcement in November that it has reached an agreement with affiliates of the Quadrangle Group, the companyÃ¢â‚¬â„¢s largest creditors and its majority equity holders, on a debt restructuring plan that would reduce the companyÃ¢â‚¬â„¢s total debt by approximately $190 million to roughly $356 million.
WEST PALM BEACH, Fla. - Fresh off its recent acquisitionÃ‚Â of 3,000 accounts from Pilot Home Technologies in North Carolina, Security Networks is in the midst of a growth plan designed to bump the companyÃ¢â‚¬â„¢s business in the southeast corridor of the United States.
OREM, Utah - Almost three years into their tenure as a residential security provider, Firstline Security is another company that is using residential homebuilders as a way to increase installation numbers.
A program, called Secure Community powered by Firstline Security, was developed by the company to work with residential builders to create pre-wiring and security system installations at the point of new construction.