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physical security

UCC buys Red Hawk’s monitored accounts

Deal gives UCC 153 new alarm dealers and 20,000 new accounts
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07/11/2014

SAN ANTONIO—United Central Control, a provider of monitored security services based here, has purchased the wholesale monitored accounts of Red Hawk Monitoring, a wholly owned subsidiary of Houston-based Red Hawk Fire & Security.

New NFPA leader 'not a stranger' to organization

Jim Pauley, NFPA’s new president, has long history with group as member, volunteer, technical committee member
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07/11/2014

QUINCY, Mass.—Jim Pauley became the new president of the National Fire Protection Association on July 1, but he’s already familiar to many at the organization.

Ron Walters wins William Moody Award

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07/11/2014

NASHVILLE, Tenn.—Ron Walters, director of the Security Industry Alarm Association, was honored at ESX 2014 with the William Moody Award, according to a recent blog post from SIAC.

According to the blog, the award was “probably long overdue.”

CSAA EVP Steve Doyle to retire

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07/09/2014

VIENNA, Va.—Steve Doyle, executive vice president of the Central Station Alarm Association, an organization he has led for 22 years, will retired in October, according to a CSAA news release.

Honeywell forms pure-play fire unit

Fire Systems, System Sensor now part of Honeywell Fire Safety, which will have sharper fire focus and more R&D
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07/09/2014

NORTHFORD, Conn.—Honeywell’s Fire Systems and System Sensor businesses are now part of a pure-play fire unit called Honeywell Fire Safety, in a move expected to enhance research and development.

DEFENDER differentiated by ADT

As ADT’s first ‘Premier Provider’, DEFENDER will work more closely with ADT on testing, other projects
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07/09/2014

INDIANAPOLIS—DEFENDER Direct has long been ADT’s top dealer. Now DEFENDER and ADT have formed a new partnership in which they’ll be collaborating on new initiatives.

Monitoring in the IP age

Panelists at ESX discuss how central stations need to evolve to prosper in the age of IP signals
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07/09/2014

NASHVILLE, Tenn.—Good advice on running a central station was in no short supply at ESX. The show’s entire lineup of monitoring track seminars covered virtually every aspect of what it takes to thrive as a central station in 2014 and beyond.

Readers lukewarm on social media and its benefit

For some, social media is integral to brand development and generating leads. For others, the benefits have been harder to identify
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07/09/2014

YARMOUTH, Maine—The latest SSN news poll shows that while the bulk of readers may be using social media, not all of them are convinced of its effectiveness as a business tool.

Costar Technologies buys CohuHD for $10m cash

Combined company has closed three deals already
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07/09/2014

COPPELL, Texas—In the month since it closed a $10 million cash deal to buy CohuHD, Costar Technologies and CohuHD have closed three deals together.

ADT closes Protectron acquisition

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Tuesday, July 8, 2014

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, a portfolio company of investment funds managed by Alinda Capital Partners, has 900 employees. Its customer base is 75 percent residential.

ADT’s plan, as stated at the time it agreed to acquire the company, is to use the acquisition as the platform for a stand-alone business in Canada with a dedicated management team, a move designed to address the country’s specific market needs. In a news release, ADT said it planned to continue to using the Protectron brand under ADT ownership.

In late April, following the acquisition agreement, Lee Jackson, regional VP Canada, said it was too early to say whether ADT would keep all six Canadian central stations in operation. He noted that ADT has yet to determine which resources and administrative functions it will transfer to Canada to supports its expanded account base in that country, now up to 800,000.

The acquisition goes down as ADT’s largest since becoming an independent company, far surprassing its 2013 Devcon deal, according to John Mack, EVP and managing director at Imperial Capital, who spoke to SSN when the agreement to acquire became public. At the time, Mack said the deal signals a return to “growth initiatives [through] high quality acquisitions” and predicted the deal would help ADT’s attrition profile while bolstering its enhanced services sales.

It will be interesting to wait and see if Mack's words prove to be prophetic.

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