Tag: commercial
Per Mar receives 2024 Premier Security Dealer of the Year Award from Resideo
November 25, 2024SSN Staff
DAVENPORT, Iowa – Per Mar Security Services, a provider of comprehensive security solutions for residential and commercial customers, has been honored with the 2024 Premier Security Dealer of the Year award by Resideo at its 35th Annual CONNECT customer event.
The award honors the company's dedication to growth, demonstrates true team performance, and delivers exceptional security solutions.
Brian Duffy, CEO of Per Mar, expressed his gratitude for the recognition: “It is an...
NAPCO’s radio gains make up for lagging lock sales
November 5, 2024Ken Showers, Managing Editor
AMITYVILLE, N.Y.— NAPCO Security Technologies saw strong radio sales and recurring service revenue (RSR) but struggling locking sales in the first quarter of its fiscal year 2025.
RSR saw a prospective annual run rate of approximately $85.2 million based on October 2024 RSR, compared to $83.5 million from July 2024 RSR.
“The increase is due to the continued strength of our line of StarLink radios, particularly our StarLink fire radios,” said CFO Kevin Buchel during...
Cobalt Service Partners acquires Automatic Entrances of Wisconsin
September 23, 2024SSN Staff
NEW YORK — Cobalt Service Partners (Cobalt), a commercial access solutions platform backed by Alpine Investors (Alpine), announced its acquisition of Automatic Entrances of Wisconsin (AEW).
Cobalt describes AEW as Wisconsin’s leading automatic door installation and service provider. The company is Cobalt’s ninth acquisition since launching in December of 2023, and its eighth acquisition of 2024.
AEW was founded by Bill Holcomb and his wife in 1976 after acquiring a failing...
Pye-Barker Fire & Safety acquires Safety Plus
August 15, 2024SSN Staff
ATLANTA — Pye-Barker Fire & Safety has acquired Safety Plus First Aid & Safety, a life safety equipment provider and servicer in Kansas.
The company said that this addition extends its customer base in the Midwest and complements its full suite of code compliance services for commercial customers.
Safety Plus First Aid & Safety, headquartered in Wichita, helps businesses protect their employees and customers with first-aid kits, AEDs, CPR kits and other safety equipment needed in...
'We will be a simpler, higher-growth company' - Johnson Controls divests businesses as Oliver bows out
August 5, 2024Ken Showers, Managing Editor
CORK, Ireland — Johnson Controls’ sales in the third quarter were steady as the company continues to transform its business, including through divestitures, to better fit a leaner and more competitive industrial market.
The company reported sales of $7.2 billion, a 1% increase year over year. GAAP net income was $975 million. Adjusted net income was $769 million. The company also reported 10% growth to its backlog in the quarter, which Chairman and CEO George Oliver said increases...
Pye-Barker Fire & Safety acquires ABC Burglar Alarm Systems
July 18, 2024SSN Staff
ATLANTA — Pye-Barker Fire & Safety has acquired ABC Burglar Alarm Systems, which services security and alarm systems in Maryland and Virginia, strengthening its mid-Atlantic service offering.
The company will work with Pye-Barker's existing branch locations in the Washington, D.C., and Baltimore areas to support ongoing service, maintenance, inspections and monitoring for commercial customers.
ABC Burglar Alarm provides security and fire alarm systems, integrated fire sprinkler systems,...
ASSA ABLOY touts acquisitions
July 17, 2024Ken Showers, Managing Editor
STOCKHOLM — ASSA ABLOY posted strong numbers for the second quarter, thanks to savvy acquisitions, but interest rates and below expectation housing starts resulted in another weak showing for the company’s residential business.
Big picture
By the numbers, the company posted a net sales increase of 10% to SEK 37,968 M (34,474), with organic growth of -1% and acquired net growth of 11%.
“Good sales growth in EMEA and Americas from an organic...
Doyle Security Systems partners with Greenlight Networks
June 11, 2024SSN Staff
ROCHESTER, NY — Doyle Security Systems, residential and commercial security, fire and medical monitoring systems provider, and Greenlight Networks, a fiber-optic internet service provider, have launched a strategic partnership.
Both companies are headquartered in Rochester, N.Y. and share a similar footprint across New York State. Through the partnership, Doyle and Greenlight said they are excited to bring the best-quality security and fiber-optic internet to the communities they serve....
Faraone named DMP South Texas regional sales manager
May 22, 2024SSN Staff
SPRINGFIELD, Mo. – Albert Faraone has joined DMP as the regional sales manager for Southern Texas.
DMP said that Faraone will provide ongoing service and support to dealers across the region, including cities such as Houston, Austin and San Antonio.
“I chose DMP for two very important reasons,” said Faraone. “The first is the ability to impact all types of businesses—from small residential to large commercial—with a wide selection of products and the quality...
Doyle Security Systems acquires security division of DFT Communications
May 13, 2024SSN Staff
ROCHESTER, N.Y. - Doyle Security Systems Inc. has announced the acquisition of the security division of DFT Communications (Dunkirk & Fredonia Telephone Company), a family-owned company founded in Fredonia, N.Y., in the 1890s.
The company relayed that DFT’s 2,100 security accounts (55% of which are commercial, 45% residential) will now be monitored by Doyle Security’s emergency response center, while service and installation work will continue to be provided by DFT Security employees...