KENNESAW, Ga.—In the past 30 days, Loud Security has closed on three local acquisitions, moved to a new corporate office almost three times the size of its old one, and signed new contracts with national homebuilders who expect to do nearly 3,000 closings during the next
RICHMOND, Va.—Richmond Alarm this month sold a home theater/home audio business that it purchased two years ago to a local home technology integrator.
The sale to Livewire of NSN Technologies took place July 18, said Wayne Boggs, president of Richmond Alarm, a Honeywell First Alert dealer based here.
NSN did not perform as expected after the bottom fell out of the new housing construction market in the recession, so the offer by Livewire to purchase the business benefited both companies, Boggs told Security Systems News.
LOUISVILLE, Colo.—Safe Systems, a Honeywell First Alert dealer based here, recently acquired D-Tech Alarm Specialist in Pueblo, Colo. The acquisition expands Safe Systems’ growing security business in southern Colorado, and is the first step in the company’s new strategy, according to company executives.