Tag: Mark Simson
DTT gets new president and CFO
April 1, 2015Martha Entwistle
LOS ANGELES—Video surveillance manufacturer DTT, which specializes in retail and is one of the fastest growing companies in the security industry, this week named Dan Pulskamp president and Mark Simson CFO.DTT founder Sam Naficy will remain as CEO of the company, which posted 18 percent growth from 2013 to 2014. Naficy founded the business on April 1, 1999.“We are really excited to have two well-known industry veterans join the team to take DTT to the next level,” Naficy said. “I...
World Wide Security plans six acquisitions, dealer program
January 4, 2012Rich Miller
GARDEN CITY, N.Y.—World Wide Security Group, an integrated services company based here, is using a $3 million extension of its revolving line of credit to fund six acquisitions and a new dealer program for its central station, the company announced in late December.Part of the initial $5 million credit line from CapitalSource Bank was used to acquire Rainbow Home Systems in November 2010, which has “worked out well,” according to Mark Simson, CFO for World Wide. That led the company...
World Wide acquires Rainbow Home Systems
November 23, 2010Martha Entwistle
GARDEN CITY, N.Y.—World Wide Security joined forces with a former competitor with the acquisition, announced Nov. 22, of Rainbow Home Systems of East Meadow, N.Y.
“It's a really attractive tuck-in acquisition for us,” said Mark Simson, CFO of World Wide Security. “Their office was about five miles down the road from us.”
The buy includes the assets of Rainbow, 1,200 new, mostly residential accounts, and five employees. All of the accounts have been moved to World Wide's...
World Wide expects iVision24 will help it dominate video market
November 1, 2010Daniel Gelinas
GARDEN CITY, N.Y.—Vision Monitoring Services, the dealer program and UL-listed central station division of World Wide Security/GC Alarm, is betting its new hosted-video/two-way audio solution iVision24 will help it lead the video pack in its region.
“We're hoping to drive the marketplace in this area,” said Karen Johnson, director of marketing and public relations for World Wide, which is based here. “We have been inviting police departments to visit our offices to discuss...