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Protection 1 adding solar to its mix


ROMEOVILLE, Ill.—Protection 1, based here, is joining the trend of security companies selling solar, the company has announced.

Lowe’s Iris thriving two years after launch

The home improvement retailer also is testing an installation option for customers who need assistance with the DIY smart home product

MOOREVILLE, N.C.—In the two years since Lowe’s launched Iris, the new do-it-yourself home automation/home security product is doing so well it’s offered in Lowe’s stores nationwide and the company is trialing an installation option for customers who need extra help.

Possible Protection 1 buyers: PE firm, telecom or cableco

Pro 1 is reportedly up for sale with a $1.5b price tag, and an analyst tells SSN having an 'asset of this quality' on the market is unusual

YARMOUTH, Maine—Home security giant Protection 1 is up for sale for more than $1.5 billion, Reuters reported this week. Likely buyers could range from a top private equity firm to a telecom or cableco, an industry analyst told Security Systems News.

Amherst Alarm takes 'deliberate' path to success

A considered approach to everything from products to services has ensured three decades of steady growth for N.Y. company

AMHERST, N.Y.—Amherst Alarm, one of the nation’s leading alarm companies, is celebrating its 30th anniversary this year. CEO Tim Creenan credits his company’s long-term success to its "slow and deliberate" approach to business.

B Safe adds density with Pennsylvania buy

The company is acquiring in 2014, and also enhancing its customer service

WILMINGTON, Del.—B Safe, a regional security company based here, has strengthened its position in eastern Pennsylvania with the purchase of Alarm Surveillance Technologies (AST) of Ambler, Pa.

SAFE Security shifts

Franklyn will spearhead partnerships with cablecos, branch

SAN RAMON, Calif.—Establishing branch offices, bundling services with telecoms/cablecos, and expanded DIY offerings are three initiatives SAFE Security has in its playbook, and it has hired Gary Franklyn, formerly with Security Networks, to spearhead these effort.

Matlin back in home security, as a consultant

The fired AlarmForce CEO’s noncompete has expired and he plans to help AlarmForce competitors with marketing

TORONTO—The yearlong noncompete of ousted AlarmForce CEO Joel Matlin is at an end and now he’s back in the home security business—as a marketing consultant.

DEFENDER differentiated by ADT

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

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.

Richard Ginsburg named CEO of Central Security Group

Former Protection 1 CEO will take CSG national

TULSA, Okla.—Super-regional security company Central Security Group today named Richard Ginsburg as CEO. Ginsburg, who as CEO of Protection 1 grew it into one of the top three security companies in the country from 2001 to 2010, said he wants to grow CSG into a “significantly larger company.”

SafeStreets celebrates its 500,000th ADT customer

‘Megadealership’ created when three ADT dealers merged, SafeStreets may expand again

GARNER, N.C.—SafeStreets USA, ADT’s second-largest dealer, recently secured its 500,000th customer and has set its sights on adding more.



SSN News Poll December 2016

Some companies take a focused approach to breaking into­—or growing within particular—vertical markets; "We are really heavy on the casino side, so we decided—let’s be the No. 1 gaming integrator in North America,” said Surveillance Systems Inc. president Todd Flowers. Where do you see the next big opportunity?