Tag: Barnes Associates
ESA Board of Directors approves competency directors, officer positions
June 25, 2024SSN Staff
DALLAS—Members of the Electronic Security Association (ESA) recently approved several competency director and officer positions.
After voting for recent director positions concluded on May 24, Chair-elect Kevin Stone recommended two competency directors and requested board approval on June 2. These director positions are selected based on their subject matter expertise and must be an owner, officer, or employee of an ESA member in good standing. Each competency director shall serve...
ESA Board of Directors elects Michael Barnes as treasurer
January 11, 2024SSN Staff
DALLAS—The Electronic Security Association (ESA) has announced the election of Michael Barnes as treasurer and will serve as chairman of the ESA Finance Committee.
Barnes’ election took place following the ESA Board of Directors meeting on Nov. 30, 2023. He succeeds Kevin Stone, who assumes the role of chairman elect from 2023-2024.
“I’m delighted that Michael Barnes will serve as treasurer and Finance Committee chairman for ESA,”...
ESA welcomes two new board members
July 14, 2022SSN Staff
DALLAS—The Electronic Security Association (ESA) recently installed two new members on its Board of Directors - Rick Seymour, CEO, CSI Palm Beach, and Michael Barnes, Founding Partner, Barnes Associates, Inc.
Seymour and Barnes were installed onto the ESA Board of Directors during the ESA Annual Meeting at the Electronic Security Expo (ESX) and began their term on July 1.
The purpose of a director on the ESA Board is to work collectively as a team to provide good governance...
Barnes Associates, Inc. names Joe Thompson senior VP
January 29, 2021SSN Staff
ST. LOUIS—Barnes Associates, Inc., a consulting and advisory firm specializing in the security alarm industry, announced that Joe Thompson has joined the company as senior vice president (SVP).
Thompson previously served as SVP and portfolio manager for Pacific Western Bank’s activities in the security alarm industry, a position he also held with CapitalSource when it was acquired by Pacific Western Bank. Prior to that he was the chief credit officer of SLP Capital (fka...
GHS gets $50m credit facility
September 9, 2015Amy Canfield
WOODLAND HILLS, Calif.—GHS Interactive Security, a provider of integrated security services for the residential and light commercial end markets, has secured a $50 million credit facility.The funding will be used, in part, to expand into Austin, Texas, Houston and Phoenix this year.GHS currently has accounts in California. The credit facility was led by AB Private Credit Investors.“The recurring revenue nature of the business combined with the high quality of GHS's account origination...
Apollo lands Protection 1, ASG
June 1, 2015Martha Entwistle
NEW YORK—Apollo Global Management is about to take one giant leap into security with its May 19 agreement to acquire Protection 1 and ASG Security.
Under the agreement, reportedly $2 billion, the combined companies will operate under the Protection 1 brand, with Protection 1 CEO Tim Whall at the helm.
Whall told Security Systems News that given the companies' “like-minded approach to the operations, the combination will be a force in the marketplace."
The deal would...
Apollo lands Protection 1, ASG
May 20, 2015Martha Entwistle
Apollo Global Management is about to take one giant leap into security with its May 19 agreement to acquire Protection 1 and ASG Security.
Under the agreement, the combined companies will operate under the Protection 1 brand, with Protection 1 CEO Tim Whall at the helm.
Security Systems News reported on the proposed deal last week. Here's that story.
I had a chance to interview Protection 1 CEO Tim Whall, CMO Jamie Haenggi and ASG's CEO Joe Nuccio last night. I was looking for details...
Security investment and finance in '14
December 12, 2014Martha Entwistle
YARMOUTH, Maine—Valuations, at least for smaller security deals, were generally higher in 2014 compared to 2013. That is one area of agreement among three security finance and investment experts who participated in a Security Systems News virtual round table.Participating in this year's round table were: Michael Barnes, founder of Barnes Associates, a consulting and advisory firm that specializes in the security alarm industry; John Robuck, managing director, Security Finance for Capital One's...
Investor speculates on Monitronics outlook
April 23, 2014Leif Kothe
Greater visibility, broader market acceptance and (for some central stations) more wholesale monitoring accounts are just some of the benefits often mentioned in connection with the entrance of cablecos and telecoms into security.
A recent Wholesale Monitoring study by the Barnes Associates (co-sponsored by the CSAA and SSN) largely attributed the 19 percent growth the segment enjoyed in 2013 to the influence of the new entrants. To be sure, there seems to be a prevailing belief that the rangy, big-money...
Readers reflect on cableco/telecom impact on wholesale monitoring space
April 9, 2014Leif Kothe
YARMOUTH, Maine—The fourth annual Barnes Associates/SSN/CSAA Wholesale Monitoring study found the number of monitored accounts was up 19 percent in 2013, a growth figure the authors believe is being propelled by the influx of cablecos and telecoms into the industry.While growth of this magnitude is usually seen as unambiguously good, this wasn't necessarily the case among readers who responded to the latest SSN News Poll. Some readers believe the success of cablecos and telecoms in the alarm...