Subscribe to Residential

Residential

Network Multifamily in Protection One fold

 by: 
Tess Nacelewicz
  - 
11/18/2010
  | 
Residential

LAWRENCE, Kan.—Network Multifamily, formerly a stand-alone business within Protection One, is now part of the company’s national account structure, the security leader announced Nov. 15.

Talks may resolve AMP court case in Minnesota

 by: 
Tess Nacelewicz
  - 
11/10/2010
  | 
Residential

OREM, Utah—AMP Alarm, a summer-model company based here, is planning to enter mediation talks with the state of Minnesota regarding a lawsuit that state’s attorney general filed this spring, charging it with deceptive sales practices.

Security Networks acquired by Oak Hill Capital

$8 billion PE firm makes first security investment
 by: 
Martha Entwistle
  - 
11/09/2010
  | 
Residential

WEST PALM BEACH, Fla.—Expect to see super-regional Security Networks expand operations west of the Mississippi as the result of its Nov. 8 acquisition by private equity firm Oak Hill Capital Partners.

UControl launches OpenSMA

‘It’s all about the ecosystem’
 by: 
Martha Entwistle
  - 
10/28/2010
  | 
Residential

AUSTIN, Texas—Interoperability and open standards are the keys to making the “connected home” a reality, say executives from uControl, a home security and automation provider. This week they announced the formation of “OpenSMA,” a consortium of service and product providers who are committed to “complete compatibility and integration across all products and services.”

New investment venture for two charged with fraud

Timothy McGinn and David Smith back in the news
 by: 
Tess Nacelewicz
  - 
10/28/2010
  | 
Residential

ALBANY, N.Y.—Security alarm investors Timothy McGinn and David Smith—whom the SEC charged earlier this year with bilking investors of at least $80 million in a Ponzi scheme—are reportedly involved in a new investment venture.

Embezzlement probe at association ongoing

Former Illinois executive director under investigation
 by: 
Daniel Gelinas
  - 
10/28/2010
  | 
Residential

WEST ALLIS, Wis.—Marsha Kopan, former executive director of the Illinois Electronic Security Association, is the subject of an ongoing criminal investigation that began when the West Allis Police arrested her on Sept. 24.
Police brought Kopan in on check fraud and forgery charges stemming from work she did with a non-security association. Upon further investigation into Kopan’s business ties, authorities contacted the IESA, and suggested they take a look at their accounts.

Loud buys bolt-on in backyard

 by: 
Martha Entwistle
  - 
10/14/2010
  | 
Residential

KENNESAW, Ga.—Loud Security, a regional security company based here, made its fifth acquisition of 2010 last week, with the purchase of Helping Hands, a family-owned security company based in Cartersville, Ga.
“This brings 450 accounts, mostly residential with a little commercial, and it’s all right in our backyard, right in our footprint. It’s a wonderful addition,” said John Loud, president of Loud Security.

Ackerman’s new branch office in Washington corridor a success

 by: 
Tess Nacelewicz
  - 
10/14/2010
  | 
Residential

ATLANTA—Just five months ago, Ackerman Security Systems opened a new branch in Maryland to serve customers in the Washington, D.C. area. Now, the office is doing so well it has doubled its staff and the company is making future plans for other offices in that corridor.

Small company wins big ADT contract

 by:  SSN Staff  - 
10/12/2010
  | 
Residential

BOCA RATON, Fla.—Quality and competitive pricing helped a small Dallas-based company beat out foreign competition to win a multi-million dollar contract from ADT Security Services, ADT announced Oct. 11.
HyperGraphic Impressions won a contract of up to $12 million from ADT. The contract will result in the production of millions of yard signs for ADT customers. ADT needs more signs because the electronic security giant continues to grow.

APX Alarm secures $565m in new financing, brings new lenders to market

 by: 
Martha Entwistle
  - 
10/07/2010
  | 
Residential

PROVO, Utah—APX Alarm this week announced it had upped its debt financing by $125 million to a grand total of $565 million. In the process, it brought on two new lenders: Bank of America and, a new lender in the security space, Barclays Private Credit Partners (BPCP).

Pages

Poll

SSN News Poll June 2013

Early termination fees are a standard in the security industry but now The ADT Corp. is facing a class-action lawsuit over them. The attorney representing ADT clients from California, Illinois and elsewhere in the lawsuit says the fees violate federal and state consumer protection laws. But industry advocates say the fees are legitimate to help companies recover installation costs and for loss of profit. What do you think about such fees?

Type the characters you see in this picture. (verify using audio)
Type the characters you see in the picture above; if you can't read them, submit the form and a new image will be generated. Not case sensitive.