Tag: Fred Fong
Stanley CSS names new executive
December 13, 2011Martha Entwistle
Stanley CSS on Dec. 13 named Robert Branchaud, to lead its Eastern Canada district, which will encompass Stanley's operations in Canada as well as the former Microtec Security Systems (AlarmCap.) Branchuad was a founder of a security company that he sold to Microtec in 2000.
Stanley acquired Microtec, the fourth largest alarm company in Canada in August. Here's my report on that deal. The deal also also included ULC approved and bi-lingual monitoring capabilities.
“The implementation of...
Stanley to buy resi company for $61m
August 4, 2011Martha Entwistle
EDMONTON, Alberta—In a deal that will give Stanley CSS a major residential security footprint in Canada, Stanley Canada Corporation, a subsidiary of Stanley Black & Decker, Inc. has entered into an agreement to acquire Microtec Security Systems, headquartered here, for $61.6 million ($59.7 million Canadian).
The deal includes close to 80,000 accounts, two UL-Canada listed central stations, five offices, 200 employees and many dealers, said Fred Fong, CEO and president of First National AlarmCap...