Tag: Bill Fitzgerald
Ascent ups stock buyback
September 9, 2015Spencer Ives
ENGLEWOOD, Colo.—Ascent Capital Group, parent company of Monitronics, increased its stock buyback program by $25 million, Ascent announced Sept. 4.“As a public company, Ascent has a significant [amount] of cash that they'd been waiting to [use to] make acquisitions and try to find the best use of it,” David Stang, founder and president of recently formed Stang Capital Advisory, told Security Systems News.“As they look at different opportunities to deploy that cash, they have...
Jeffery Gardner named CEO of Monitronics
August 26, 2015Martha Entwistle
DALLAS— Jeffery Gardner, a former telecommunications executive with extensive M&A experience, has been named CEO of Monitronics and EVP of Monitronics parent company Ascent Capital Group. He will start his new job Sept. 10 and will replace Mike Haislip who is retiring.
Gardner served as CEO of voice and data network communications provider Windstream Holdings from 2006 to December 2014. Gardner oversaw nine acquisitions, totaling $5 billion, during his tenure at Windstream, a Fortune...
Monitronics nabs pair of Stevies
March 5, 2014Leif Kothe
Highlighted by the marquee acquisition of Security Networks, 2013 was unquestionably a strong year for Monitronics. It appears 2014 is starting the upswing as well.
Monitronics turned in an impressive haul at the latest Stevie Awards, reeling in a pair of Bronze prizes at the eighth awards show for sales and customer service. For the second consecutive year the third-party central station won in the Contact Center of the Year category, according to a news release from the company. The company was...
Monitronics officials to present at credit, investor conferences
December 2, 2013SSN Staff
ENGLEWOOD, Colo.—Executives of Ascent Capital Group and its subsidiary Monitronics are scheduled to speak at upcoming credit and security conferences.
Michael Meyers, CFO of Ascent Capital Group and Monitronics, will present at the Bank of America Merrill Lynch Credit Conference Dec. 3, the company announced.
Bill Fitzgerald, CFO and chairman of Ascent, and Michael Haislip, executive VP of Ascent and president and CEO of Monitronics, will speak in New York at the Gabelli & Company 6th Annual...
Ascent Capital reaps windfall of Security Networks acquisition
November 26, 2013Leif Kothe
Buoyed by the $487 million acquisition of Security Networks, Ascent Capital, the holding company that owns Monitronics, posted some sterling numbers for the third quarter of 2013—numbers that underscore why investment firms continue to find the RMR model attractive (long-term contracts, high margins, cash flow predictability). The list goes on.
Ascent's net revenue for the three and nine months (ended Sept. 30, 2013) increased 36.8 percent and 27.4 percent, respectively. The growth was fueled...
Where's the media in Ascent Media?
March 17, 2011Martha Entwistle
PALM BEACH, Fla.—The media in Ascent Media—the new owner of Monitronics—is really limited to the company name. That was one of the messages from Bill Fitzgerald, chairman of the board of Ascent Media Corporation, at the Barnes Buchanan conference here in February.
He got some laughs from the conference crowd when he said: “You're looking at me and thinking 'Here come the cable guys again.'”
In some ways, Fitzgerald said, the crowd...