Tag: Stanley CSS
Stanley keeps an eye on access control
March 27, 2013Martha Entwistle
Stanley Security Solutions believes iris recognition technology is going to be the next big thing in access control.
On Tuesday, it announced a new partnership with iris biometric provider Eyelock (previously Hoyos). Two years ago Stanely CSS announced a partnership with Hoyos. Here's that story.
I spoke to Stanley CSS's John Nemorofsky who explained the difference between the partnership of two years ago and today's announcement. Two years ago, the announcement was Stanley CSS becoming the exclusive...
Diane Christie: Security, a career with satisfaction
November 19, 2012Martha Entwistle
SANTA ANA, Calif.— Diane Christie works for Stanley CSS as VP of national accounts for the West, but early on, she thought she'd become a schoolteacher.“I'm teaching, just not for the school system,” she said.Christie started working for a security company right out of high school. “My future father-in-law was the central station manager for Honeywell Home and Building Control [the precursor to HSM, which was eventually purchased by Stanley]. They had a couple of women working...
ASIS 2012, Pro 1 buys again, mobility and the financial vertical
September 12, 2012Martha Entwistle
It's been a busy two days for Amy Canfield (the new lead editor for our sister publication Security Director News) and I here in Philly at the ASIS show.
Since Sept. 10, the first day of ASIS, was Amy's fifth day on the job, she accompanied me to most of my appointments that day. She did have a chance to speak to a group of end users at the Honeywell booth. Here's her update on that� and she was flying solo on Day 2--check out her blog� for highlights of her day, including a tour...
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...
Byerly to lead Diebold security division
June 25, 2012Martha Entwistle
Updated on June 27, 2012 with interview with Tony ByerlyNORTH CANTON, Ohio—Six weeks after leaving Stanley CSS, Tony Byerly on June 25 was named EVP, electronic security for Diebold. Byerly takes over for Bradley Stephenson, who retired from this role last November.“There is not one current provider of this scale and brand awareness that is better positioned to drive innovation into the security industry,” Byerly told Security Systems News in an email interview.In his new role,...
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...
Stanley to close Niscayah deal tomorrow
September 8, 2011Martha Entwistle
STOCKHOLM—Stanley Black & Decker executives are here today preparing for the Sept. 9 closing of its $1.2 billion cash offer purchase of Niscayah.
“Expect to see visible steps soon, with significant work being completed within the first year of closing,” Tony Byerly, president Stanley CSS North America & United Kingdom, told Security Systems News in an email interview. “We have clear integration objectives with financial commitments for the short and long term and we expect...
Stanley to buy resi company for $61m
August 4, 2011Martha Entwistle
EDMONTON, Alberta—In a deal that will give Stanley CSS a major residential security footprint in Canada, Stanley Canada Corporation, a subsidiary of Stanley Black & Decker, Inc. has entered into an agreement to acquire Microtec Security Systems, headquartered here, for $61.6 million ($59.7 million Canadian).
The deal includes close to 80,000 accounts, two UL-Canada listed central stations, five offices, 200 employees and many dealers, said Fred Fong, CEO and president of First National AlarmCap...
Stanley makes $1.2 billion cash bid for Niscayah
June 27, 2011Martha Entwistle
NEW BRITAIN, Conn.—Stanley Black & Decker, parent company of Stanley CSS, announced June 27 that it made a $1.2 billion all-cash bid for commercial security integrator and monitoring company Niscayah. The bid is supported by the Niscayah board of directors, which announced it unanimously recommends that shareholders accept the public offer.
The $1.2 billion offering price is higher than the $907 million stock bid made by guarding giant Securitas, which is based in Sweden and is the former parent...
Stanley buys from Verifier again
May 26, 2011Martha Entwistle
NAPERVILLE, Ill.—In its second deal with Verifier Capital in a few months, Stanley Convergent Security Solutions this week announced that it bought a book of accounts from Verifier.
“We worked with Verifier on the acquisition of these customer accounts that they owned. Most are commercial accounts using Sonitrol [technology] and there are a small number of traditional digital accounts,” Felix Gonzales, VP strategic initiatives & business development told Security Systems News.
Gonzales...