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ADT to acquire Protectron for $500 million

April 30, 2014Leif Kothe

BOCA RATON, Fla.—In what will be its largest acquisition as an independent company, ADT has agreed to acquire Canada-based monitoring giant Protectron in a $500 million deal, giving the company another 400,000 customers north of the border. It adds 31,000 accounts, worth approximately $11 million in RMR.The deal is subject to government and regulatory approvals and is expected to close this summer.Protectron's customers are 75 percent residential. The company has four central stations and 900...

ADT, alarm.com, Daniel Demers, Imperial Capital, John Mack, Lee Jackson, Naren Gursahaney, Physical Security, Protectron