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SimpliSafe now backed by PE firm Hellman & Friedman

DIY security provider to focus on increasing market penetration
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07/03/2018

BOSTON—SimpliSafe, a provider of DIY installed home security systems, on June 29 announced an investment from private equity firm Hellman & Friedman to accelerate SimpliSafe’s growth and expansion of the home security market. Terms of the transaction were not announced.

Vivint Smart Home and Google collaborate

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06/27/2018

PROVO, Utah—Vivint Smart Home announced a collaboration with Google to make every new Vivint smart home voice-enabled using the Google Assistant. Vivint is giving voice control to every new customer by including two Google Home Mini devices with every smart home system, and adding Nest Thermostat E and Google Wifi as options in its smart home suite.

Select announces several more purchases

Collection of acquisitions announced two months after batch of five other buys
 - 
06/11/2018

LANCASTER, Pa.—Select Security in early June announced a variety of acquisitions, one in New Jersey, one in New Mexico, and two in the Dallas-Fort Worth area of Texas.

Proguard secures credit facility, makes first buy

Company acquires Allied Security Group, adds nearly 2,000 accounts
 - 
06/06/2018

BASALT, Colo.—Proguard Protection Services Inc., a full-service, family owned security company based here, announced recently that it secured a $2.75 million senior secured credit facility through CIBC Bank, and completed its first acquisition—the purchase of more than 1,900 accounts and other assets from Allied Security Group of Breckenridge, Colo.

ADS makes second buy in Miss. this month

Company acquires Alarm One in Columbus, adds 1,400 accounts
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05/30/2018

NASHVILLE, Tenn.—ADS Security, a regional security and automation company headquartered here, made its second buy in Mississippi this month with the completed acquisition of approximately 1,400 customer accounts of Alarm One Inc. in Columbus. The newly acquired accounts will be serviced by ADS Security’s existing branch in Columbus.

Amherst Alarm acquires in New York

This buy is the company’s 10th purchase in its 34-year history
 - 
05/30/2018

AMHERST, N.Y.—Amherst Alarm, a full service security company based here, gained 8,000 accounts with its purchase of Eastern States Sentinel Alarm Service of West Seneca, N.Y., the company announced today.

BBB teams with security industry to fight fraud

Louisiana State Fire Marshal leads news conference on stopping deceptive sales practices
 - 
05/23/2018

BATON ROUGE, La.—As one of the leading states for deceptive sales practices, Louisiana consumers will be targets of deceptive doorknockers this summer who con them into switching their alarm service.

ADS buys, opens new branch in Mississippi

Company acquired The Alarm Company of Jackson, Miss.
 - 
05/04/2018

NASHVILLE, Tenn.—ADS Security on May 1 announced its purchase of The Alarm Company, based in Jackson, Miss., a location that ADS will keep as its second branch in Mississippi and its 23rd branch overall.

Doyle Security Systems recognized as good place to work

Company ranked number 12 among medium sized businesses in New York State
 - 
05/02/2018

ROCHESTER, N.Y.—Doyle Security Systems was recently recognized on Best Companies Group’s annual list of top employers.

Select Security announces series of acquisitions

Company gains accounts in Kentucky, Tennessee, Alabama
 - 
04/06/2018

LANCASTER, Pa.—Select Security, provider of security and life safety solutions for homes and businesses based here, today announced the purchase of several companies: Tennessee Valley Protection in Huntsville, Ala.; Southern Security Services in Nashville, Tenn.; Interactive Alarms in Nashville, Tenn.; Security Consultants in Memphis, Tenn.; and Alert Alarm Systems in Paducah, Ky.

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Poll

SSN News Poll November 2018

At SSN’s recent Cloud+ conference, Rick Juarez, managing director for Imperial Capital, gave some positive outlooks for the acquisition market now and into the future. What do you think of the acquisition market in the security industry?