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NorthStar opens affiliate program

Company seeks dealers for the first time in its 17 year history
 - 
08/02/2017

OREM, Utah—Home security and automation company NorthStar recently announced its new Authorized Affiliate Funding Program.

LifeShield acquired by Hawk Capital Partners

The DIY company tripled its subscribers under former ownership of DIRECTV
 - 
08/02/2017

LANGHORNE, Pa.—LifeShield, a DIY installed and professionally monitored security solution, was acquired by Hawk Capital Partners, the firm announced on July 27.

Owen Security makes fifth purchase in 12 months

Company expands in its footprint by acquiring ACS Security-Rome
 - 
07/26/2017

CALHOUN, Ga.—Owen Security Solutions, a regional alarm company based here, recently completed the largest acquisition in the company’s history, adding on more than 1,700 accounts when it purchased ACS Security-Rome.

Oaktree Capital Management buys My Alarm Center

Company to improve organic and acquisitive growth channels
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07/26/2017

NEWTOWN SQUARE, Pa.—My Alarm Center, a national home security and automation provider based here, was recently sold to global investment firm Oaktree Capital Management, headquartered in Los Angeles. The deal closed on July 14.

Ascent Capital Group names new CFO

Fred Graffam will become CFO of Ascent and its wholly-owned subsidiary MONI
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07/19/2017

ENGLEWOOD, Colo.—Ascent Capital Group, MONI’s parent company based here, announced yesterday that Fred Graffam will succeed Michael Meyers as Ascent’s CFO as well as MONI’s CFO.

MAC purchases Western Security Systems

Company gains $43,000 in RMR, deal fits into existing footprint
 - 
07/12/2017

ASPEN, Colo.—Mountain Acquisition Company, a holding company based here, recently announced the purchase of Western Security Systems, which is based in Steamboat Springs, Colo.

Owen Security Solutions receives $5 million line of credit

Company’s first revolving line of credit to help expand commercial division organically
 - 
06/28/2017

CALHOUN, Ga.—Owen Security Solutions, a residentially focused company based here, received a $5 million senior revolving line of credit from Capital One, the financial institution announced today.

Select Security to acquire AlarmForce’s US subscribers

Select to nearly double, gaining 28,000 accounts in $11.6 million deal
 - 
06/15/2017

LANCASTER, Pa.—Select Security, a super-regional alarm company based here, on June 14 entered into an agreement to buy the U.S. subscriber base of AlarmForce, a Toronto-based company, which will maintain its Canadian business.

Select Security announces acquisition

 - 
06/12/2017

LANCASTER, Pa.—Select Security, a super-regional security company based here, on June 12 announced its acquisition of Intelligent Technology Inc. and Carolina Security Group, based in Charlotte, N.C.

Fortress Security secures $2m in funding

Capital will help drive continued growth of business and RMR, CEO says
 - 
05/24/2017

DALLAS—Fortress Security, a full-service residential and commercial security system company based here, announced that it has secured funding worth up to $2 million, which will be used to expand the company, according to CEO Jerrod Smith.

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Poll

SSN News Poll May 2019

The potential for artificial intelligence (AI) within security is both exciting and a little scary, as there are benefits and risks when leveraging the power of AI and machine learning. This month’s news poll looks to gauge where we are today with AI in security and what the future holds for this technology.