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Vector receives $300 million in credit

Company to repay existing credit and finance acquisitions

PITTSBURGH—Vector Security, a large residential and commercial security provider based here, recently entered into an agreement for a $300 million revolving credit facility.

Women in Security: Custom Alarm looks at connected home tech

Company CEO discusses key technologies, educating staff

ROCHESTER, Minn.—Custom Alarm’s CEO Melissa Brinkman talked with Security Systems News about the company’s increased approach to smart home technologies.

SAFE Security secures new sub-debt facility

President and CEO says company seeing ‘significant growth’ this year

SAN RAMON, Calif.— SAFE Security announced on Oct. 25 that it has secured a subordinated debt facility with lead agent Ironwood Capital and co-investor OFS Capital Corporation, an investment that SAFE president and CEO Paul Sargenti said will allow the company to continue its strong growth for the year.

ADS acquires Branham Security

Company continues to grow in Carolinas market

NASHVILLE, Tenn.—Continuing a record-setting year for acquisitions, ADS Security recently acquired 1,100 accounts from Branham Security, based in Elgin, S.C., about 20 miles outside of Columbia.

My Alarm Center secures $10m in additional funding

Company makes multiple acquisitions, complementing its strong organic growth

NEWTOWN SQUARE, Pa.—My Alarm Center, a residential security and home automation provider, recently secured $10 million in additional funding, giving the company increased capabilities on the acquisition front and in its growth organically.

Select Security acquires three companies

Expansion includes new hires to help support growth

LANCASTER, Pa.—Select Security, a super regional security company based here, recently completed the purchase of Owensboro, Ky.-based Level 5 Systems, Myrtle Beach, S.C.-based Sea Dog Security, and Charlotte, N.C.-based Guardian Systems, adding three new branch offices, and expanding into the North and South Carolina markets. The three deals add approximately 2,000 new accounts for Select Security.

DEFENDERS hits 1.5 million customer mark

Jim Boyce credits the company’s culture

INDIANAPOLIS—DEFENDERS, the largest ADT dealer, announced in early October that it has now protected more than 1.5 million customers.

American Alarm and Communications receives $25m


BOSTON—Citizens Bank on Oct. 4 announced today that Citizens Commercial Banking’s Security Finance Group is providing a $25 million credit facility to American Alarm and Communications.

ADS Security acquires fifth company this year

Cerasuolo says deal marks ‘our biggest year in acquisitions’

NASHVILLE, Tenn.—ADS Security, a super-regional electronic security and automation company based here, has acquired 1,600 customer accounts from Sanders Security of Dothan, Ala., marking its fifth acquisition of the year.

Global smart home market to see strong growth

Americas region to grow at a CAGR of 32.43 percent

LONDON—The global smart home M2M market, which was at $19.5 billion in 2015, is set to grow to $96.5 billion by 2020, at a CAGR of nearly 35 percent, according to a recent study from global research firm Technavio.



SSN News Poll May 2018

Rave Mobile Safety recently released survey info on employees’ understanding and perception of their workplaces’ emergency plans. Active shooters have become a more prevalent concern for schools, businesses and other meeting areas. Can security companies be better involved with emergency management?