Tag: ADT Commercial
New systems, data focus highlight Everon's first year
September 25, 2024Cory Harris, Editor
ORLANDO, Fla.—With the first year of Everon’s rebranding complete, the company formerly known as ADT Commercial continues to “get better every day,” says CEO Dan Bresingham.
During GSX 2024, Bresingham said Everon has had a “great first year” highlighted by six acquisitions and the nearly completed installation of five new systems, essentially completing its separation from ADT.
“It’s been a ton of fun – a lot of work,...
Everon acquires DIGIOP
March 4, 2024SSN Staff
BOCA RATON, Fla. – Everon, formerly ADT Commercial, announced that it has acquired DIGIOP, a software development company specializing in video and business intelligence solutions.
“As a leading integrator and technology company, we recognize the major market shifts occurring every day across our industry. We’re not here to just witness the trends, but to provide our customers with proactive, intelligence-driven solutions that seamlessly integrate into their businesses,”...
Everon acquires Apex Integrated Security Solutions
January 11, 2024SSN Staff
BOCA RATON, Fla. – Everon, formerly ADT Commercial, has purchased Apex Integrated Security Solutions, Inc., based out of Boise, Idaho.
This is the third acquisition for Everon since its purchase by GTCR and rebrand in October 2023. It is also the second acquisition Everon has made so far in 2024, following the Jan. 4 announcement that it had acquired Maine-based Portland Safe, Inc. With the purchase of Apex Integrated Security Solutions, Everon said that it will continue...
Everon acquires Portland Safe
January 4, 2024SSN Staff
BOCA RATON, Fla. – Everon, formerly known as ADT Commercial, has announced the purchase of Portland Safe, Inc., based out of Gray, Maine.
The acquisition of Portland Safe marks the second that Everon has completed in the last month, following its announcement on Dec. 6, 2023, that it had acquired Kentucky-based Newtech Systems. Everon said that the company is rapidly making strides toward its goals for geographic expansion and meaningful market growth.
“We’re looking...
Everon acquires Kentucky-based Newtech Systems
December 6, 2023SSN Staff
BOCA RATON, Fla.—Everon, also known as ADT Commercial, has completed its first acquisition since establishing itself as a standalone company with the purchase of Newtech Systems, based out of Ashland, Ky.
This marks the first M&A activity for Everon since GTCR’s acquisition of the company in October, and makes steps towards delivering on the company’s objectives for growth and geographic expansion.
“This is a huge moment for Everon, and we’re so excited...
Everon reveals post-acquisition leadership team
November 15, 2023SSN Staff
BOCA RATON, Fla. – Everon, formerly ADT Commercial, has announced its executive leadership team following the recent completion of its acquisition by GTCR.
Everon began the process of divestiture and rebranding earlier this year in August. ADT sold the division to the GTCR private equity firm for approximately $1.5 billion. Now the organization has revealed the organization of its executive leadership team — led by Dan Bresingham as chief executive officer.
Bresingham is a veteran...
ADT to release third quarter 2023 results
October 23, 2023SSN Staff
BOCA RATON, Fla. – ADT has announced that it will release its third fiscal quarter 2023 financial results before the market opens on Thursday, Nov. 2, 2023.
Following the release, management has stated it will host its conference call at 10 a.m. ET to discuss the financial results and lead a question-and-answer session.
Pertinent topics for the call will likely include the company's recent sale of ADT Commercial to private equity firm GTCR. ADT Commercial rebranded as Everon...
ADT completes sale of commercial division, ADT Commercial rebrands to Everon
October 2, 2023SSN Staff
BOCA RATON, Fla. – ADT has completed what it began in early August of this year, with the divestiture of its commercial division and ADT Commercial rebranding to Everon as part of its acquisition by private equity firm GTCR.
The commercial security, fire and life safety provider and integrator announced today that it will move forward as a standalone organization and rebranded as Everon. The proceeds of the sale nets ADT approximately $1.5 billion, which significantly reduces...
SSN interview with ADT Commercial President Dan Bresingham
September 25, 2023Ken Showers, Managing Editor
DALLAS – Security Systems News (SSN) spoke with ADT Commercial President Dan Bresingham at GSX about its sale to private equity firm GTCR and what comes next for them.
This interview has been edited for length.
SSN: Can you tell us what you have going on for GSX this year, Maybe tell us a little bit about the recent big news you had.
DAN BRESINGHAM: Yeah, we've had a great run. So, we've kind of created ADT Commercial back in 2020. That was our birthday...
SSN News Poll: uncertainty surrounds ADT sale
September 15, 2023Ken Showers, Managing Editor
YARMOUTH, Maine – Last month, ADT made the decision to sell its commercial business, and Security Systems News (SSN) asked readers to chime in and show how that decision is being received.
From interviews at GSX this week, ADT Commercial has made it clear that its excited about the sale, upcoming name change that has yet to be revealed, and the future potential of the company. The readers' response to the decision by parent company ADT to focus on residential, however, was...