Tag: Bill Polk
Polk goes PE, Pagnani takes over at Capital One
September 18, 2013Martha Entwistle
There's news in the finance and investment world today. Bill Polk, who's been running the security division of Capital One since its inception in August of 2011, is moving into the private equity world.
Polk is joining Egis Capital Partners, an investor in alarm.com. ECKey and, as of last May, CSSN. Here's a video interview I did with Egis founder Robert Chefitz in June.
Tom Pagnani, who has worked with Polk at Capital One and at CapitalSource before that, is taking over as managing partner at Capital...
Former Security Networks CEO Rich Perry mulls next move
August 21, 2013Martha Entwistle
WEST PALM BEACH, Fla.—With the Aug. 16 close of the Monitronics-Security Networks deal behind him, former Security Networks CEO Rich Perry is taking some time off, but he's spending some of that time thinking about his next venture in the security industry.“There are a couple of key areas that I want to look at—one is doing another acquisition in partnership with private equity [possibly] with Oak Hill Capital,” he told Security Systems News.Security Networks was acquired...
Barnes Buchanan conference to kick off Feb. 7
January 29, 2013SSN Staff
PALM BEACH, Fla.—The 18th annual Barnes Buchanan Security Alarm Conference is scheduled for Feb. 7-9 at The Breakers resort. While the lineup of speakers is still being finalized, the agenda includes a roundtable featuring Don Boerema of ADT, Tim Whall of Protection 1, Rich Perry of Security Networks and Pam Petrow of Vector Security.
�Other forums will include an overview of debt markets for the security industry, led by Bill Polk of Capital One, and an analysis of the security alarm...
Change from 'protection to connection' driving values
July 3, 2012Tess Nacelewicz
NASHVILLE—Connected services are changing the industry and creating new business opportunities but are also posing some challenges, such as enticing telecom and cableco players into the market, a panel of industry experts said at the Electronic Security Expo here last week.“Over the last two years, the game has changed. Home security has become more about home automation. The emphasis is shifting from protection to connection,” said Amy Kothari, president and CEO of Alarm Capital...
Capital One is new entrant in security finance market
August 11, 2011Martha Entwistle
ST. LOUIS, Mo.—There were two separate, but related announcements in the world of security finance this week. Will Schmidt has taken over the role of managing director of CapitalSource and three CapitalSource executives—Bill Polk, Tom Pagnani and John Robuck—have left CapitalSource to head up a new security lending group at Capital One.
Schmidt joined CapitalSource as part of the 2004 SLP Capital acquisition. He started his career at CapitalSource as a loan officer. He has served...
Moon Security closes new line of credit
January 20, 2011Martha Entwistle
PASCO, Wash.—Moon Security Services went to a new source, CapitalSource, to secure a $5 million three-year revolving line of credit.
Mike Miller, VP of Moon Security, a full-service security company based here, told Security Systems News in early January that the loan will be used, in part, to refinance an existing loan.
“We were also able to get an additional line of credit which we'll use for working capital and for future acquisitions,” he said. He added: “We don't have...