Tag: Microtec
Stanley looks to expand SMB business across Canada
July 27, 2016Martha Entwistle
MISSISSAUGA, Ontario—Stanley Security Canada is solidifying its foothold in the SMB market in the provinces of Quebec and Ontario this year and plans to expand to other parts of Canada in 2017.“We've already put the pins in place,” Piero Romani, VP of Stanley Security Canada, told Security Systems News.A key element of the plan is Stanley's July 5 acquisition of Le Group Intégral, but look for Stanley Canada to “be more active in the back half of the year in Canada and in...
Who will buy AlarmForce?
August 7, 2012Martha Entwistle
AlarmForce, a super-regional security company based in Toronto, announced that its board of directors is taking a look at selling the company. The company has hired Imperial Capital to help it with a possible sale.
The company's market cap value today is listed as $135m and its enterprise value is $119m.
I asked Richard Ginsburg, former CEO of Protection One who is now managing partner at G3 Capital Partners, what he thought about the sale of AlarmForce. He said he thought the company is well run...
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...