Tag: Lou Sampson
American Alarm and Communications receives $25m
October 7, 2016SSN Staff
BOSTON—Citizens Bank on Oct. 4 announced today that Citizens Commercial Banking's Security Finance Group is providing a $25 million credit facility to American Alarm and Communications.Contacted by Security Systems News, Lou Sampson, chief financial officer of American Alarm and Communications, said in an email, “We have had a banking relationship with Citizens for more than 15 years. So, adding this new credit facility is a natural evolution of our work with the bank. At American Alarm...
SSN checks in with winners from the first '20 under 40' class
October 5, 2016Spencer Ives
YARMOUTH, Maine—Every year, Security Systems News recognizes 20 young professionals in the systems integration and monitoring space for their accomplishments. This month, SSN is announcing its 10th year of “20 under 40” integrator winners. To commemorate this, SSN caught up with several of the first honorees—the Class of 2007—to hear their perspective about how the industry has changed over the past 10 years, and what might be ahead in the next 10 years.“My role...
American Alarm acquires in Massachusetts
September 14, 2016Spencer Ives
ARLINGTON, Mass.—American Alarm and Communications recently acquired Electralarm Security Systems, adding on 500 accounts. The deal brings American Alarm to about 25,000 accounts total, Lou Sampson, the company's CFO, told Security Systems News.
"We were in discussions for about three or four months earlier in 2016. The discussions began when Paul D'Amato Sr. [Electralarm's founder] reached out to us (through his broker)," Sampson said via email. "Paul had known of American Alarm for years,...
American Alarm expands into Rhode Island
February 2, 2012Martha Entwistle
ARLINGTON, Mass.—With the acquisition, completed Jan. 26, of two Warwick, R.I.-based companies, American Alarm, which is based here, now has a physical presence in the neighboring state of Rhode Island for the first time.American acquired Electronic Alarm Systems (EAS) and Phoenix Fire Alarm & Communications. The companies are co-located in an office in Warwick, R.I. EAS is a security company that does about 50 percent commercial work. Phoenix is a commercial fire company.American has “had...