NEW YORK-Investment banking firm Mallon & Associates is in the process of setting up a $100 million private equity fund that would invest in the security market, perhaps making it the first fund of its kind for this market.
The money would come from a number of private equity funds, with a private equity firm hired to disperse funds.
CHICAGO-Kastle Systems' office here has increased its sales force to further develop relationships with tenants, builders and architects, according to the company's Chicago branch general manager, Marilyn Brooks. The additions take the office's employee roster to 22, nearly tripling its staff in the last four years.
MISSISSAUGA, Ontario-A two year license that allowed Guardall North America to continue to use its name after its parent company Williams PLC demerged has nearly expired, requiring the access control manufacturer to come up with a new name.
The company will now be known as Verex, a name that will be unveiled during the ISC Show in Las Vegas early this month.
WESTMINSTER,Ã‚Â Mass.-SimplexGrinnell has recently become a member of the Microsoft Certified Partner Program, a program that recognizes systems integrators for their expertise in using a Microsoft operating system.
HINSDALE, Ill.-Alarm Detection Systems' battle to overturn a village ordinance that required commercial fire systems to be monitored by the fire department ended in December when it lost its appeal with the Appellate Court of Illinois.