Tag: Norwest Venture Partners
ACA/My Alarm Center adds CFO to help handle growth
April 10, 2013Tess Nacelewicz
MEDIA, Pa., and NEWTOWN SQUARE, Pa.—Alarm Capital Alliance, which also does business as My Alarm Center, is growing so much that it has created a CFO position and hired industry finance veteran Scott Peterson for the job.Company President and CEO Amy Kothari told Security Systems News that she and COO Gary Welsh had been sharing CFO duties for the national alarm company, based in Greater Philadelphia. But in April 2012, the company gained a new private equity partner, Norwest Venture Partners,...
ACA has new PE partner
April 11, 2012Martha Entwistle
MEDIA, Pa.—Alarm Capital Alliance, a national alarm company with $3.7 million in RMR, has a new financial partner, Norwest Venture Partners, which manages $3.7 billion in capital, Amy Kothari, CEO of Alarm Capital Alliance, told Security Systems News.While ACA has grown tenfold since Kothari took over as CEO in 2004, having NVP as a financial partner will mean “more focus on growth,” she said. “Partnering with NVP will make us stronger from an acquisition standpoint.”The...