Tag: Protectron
ADT Canada's new president starts today
January 11, 2015SSN Staff
BOCA RATON, Fla.—Andrea Martin begins her new job as president, ADT Canada today. ADT, based here, announced Martin's appointment to this newly created role on Jan. 8.
Charged with accelerating growth in the Canadian market, ADT said that Martin will also lead the integration of ADT Canada and Protectron. ADT acquired Protectron last July.
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Martin will be based in Montreal and report directly to ADT president and CEO Naren Gursahaney.
“Andrea has extensive experience managing...
ADT closes Protectron acquisition
July 8, 2014Leif Kothe
The ADT Corporation announced yesterday that it has closed its acquisition of Canadian monitoring giant Protectron.
ADT, which executed a definitive agreement to acquire Reliance Protectron in April, acquired the company for total cash consideration of CAD $555 million.
ADT has now officially added 400,000 customers and 31,000 accounts north of the border, worth approximately $11 million in RMR.
ADT, which already has two central stations in Canada, adds four more through the acquisition. Protectron,...
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...