RICHMOND, Va.Ã¢â‚¬â€Activist hedge fund Pirate CapitalÃ¢â‚¬â„¢s efforts to get The BrinkÃ¢â‚¬â„¢s Company to consider a sale or tax-free spin-off of one of its divisions appears to have yielded some initial results: On Nov.
HOUSTON--Barring any settlement in the meantime, Brink's Home Security, based in Irving, Texas and ApxAlarm of Provo, Utah are set to go to court in February, according to Brink's, to settle a lawsuit originally filed by Brink's in August 2006. (Search "ApxAlarm generates accounts" in www.
OLYMPIA, Wash.--The October Washington State Supreme Court decision that said Brink's Home Security should pay its technicians for driving company trucks to and from their homes to job sites will have repercussions for other security companies in the state of Washington and beyond, according to an industry attorney.
PROVO, Utah--In business as a full-service alarm company for only about four years, ApxAlarm is a young company by any standard. Among the growing ranks of the summer-model alarm companies (see accompanying story on Platinum Protection, page 29), however, in sales/security terms, Apx is an elder statesman--the model, in some ways, for the summer-model surge.
NEW CANAAN--Eleven police officers who were previously docked a days' pay or a vacation day for accepting free (or reduced cost) alarm systems and monitoring services from New Canaan Alarm will not be docked after all, according to an Oct. 25 report from the New Canaan Advertiser.
OREM, Utah--A newcomer to the summer model alarm companies, Platinum Protection opened its doors in October 2006 and turned heads this fall after generating 30,000 accounts in its first year in business.
According to Chance Allred, one of the six principals in the company, this number is record-breaking for a first-year company.
COLUMBUS, Ohio--Security Systems News provided Gretchen Gordon, lenderCIT Group's director of communications, media and entertainment, with some factual information from this month's stories about two summer model alarm companies, ApxAlarm and Platinum Protection, and asked for her thoughts.
These companies are good for the industry because of their ability to "increase penetration in the general population," she said.
Some companies this year have discussed the benefit of moving from operating their own central stations to partnering with a third party monitoring center, including RFI Communications, Red Hawk Fire & Security and Comtronics. Will more companies switch to using wholesale centrals?