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Tyco may soon sell Sonitrol

Changes also in the works at ADT to improve overall profitability
 by: 
Derek Rice
  - 
03/01/2004
  | 
Residential

NEW YORK - According to a company executive, Tyco International’s Fire & Security division may soon shed its Sonitrol alarm monitoring unit.
Tyco Fire & Security President Dave Robinson made the announcement on Wednesday during a conference call at Tyco’s investor meeting here.

Briefs

 by:  SSN Staff  - 
03/01/2004
  | 
Residential

Bresina to head Eagle Broadband’s security division

LEAGUE CITY, Texas - Eagle Broadband has hired industry veteran Don Bresina as general manager of security and financial services. In this newly created position, Bresina will be responsible for leading Eagle’s security division, the company’s strategic business investment and mergers and acquisitions activities, as well as assisting Eagle’s broadband customers with their financing needs.

Fire destroys A-Plus Alarm building

 by: 
Rhianna Daniels
  - 
03/01/2004
  | 
Residential

HINESVILLE, Ga. - Fire investigators here have continued to probe the cause of a fire that ripped through a local alarm company’s office.

Interface acquires CSSI

 by: 
Derek Rice
  - 
03/01/2004
  | 
Residential

EARTH CITY, Mo. - Interface Security Systems LLC has completed the acquisition of Control Security Systems Inc.

Lack of licensing opens door to fraud in Colorado

 by: 
Rhianna Daniels
  - 
03/01/2004
  | 
Residential

DENVER - A former Parker, Colo., resident has been

indicted under a state grand jury for defrauding several area businesses and individuals of more than $100,000 in cash in connection with his failure to install security systems.

Per Mar expands with Feel Safe purchase

 by:  SSN Staff  - 
02/01/2004
  | 
Residential

DAVENPORT, Iowa - Alarm and security guard provider Per Mar added to its presence in the Des Moines market in December when it picked up the accounts of alarm company Feel Safe Security.

Based here, Feel Safe added less than 500 accounts to Per Mar’s portfolio, but was a solid addition to the company, according to Bill Jackson, president of Per Mar.

Voxcom marks Q3 with higher revenues, EBIDTA

 by:  SSN Staff  - 
02/01/2004
  | 
Residential

EDMONTON, Alberta - Full-service security company Voxcom ended its third quarter with increasing financial metrics in higher recurring revenues and EBIDTA, for the period ending Nov. 30, 2003.

FSS gets new chief, funding

 by:  SSN Staff  - 
02/01/2004
  | 
Residential

DALLAS - Security industry lender Financial Security Services said in late 2003 that it had partnered with a major bank for new lending opportunities for the security industry and appointed a new president and chief executive officer.

Through its new, long-term banking relationship with Bank One, FSS will be able to continue to provide “line of credit and term loan financing to independent alarm dealers,” said Jeffrey Peiper, FSS’s new president and chief executive officer.

Sweetwater marches on with purchase

 by: 
Brad Wilson
  - 
02/01/2004
  | 
Residential

STAFFORD, Texas - Sweetwater Security Capital’s acquisition of approximately 1,500 monitoring accounts from DSS Security, a subsidiary of Eagle Broadband, late last year marked the fifth such deal for the firm in 14 months.

The acquisition of the accounts, which were purchased for an undisclosed amount of cash, puts Sweetwater closer to its objective of building a national security company.

Growing senior market draws ADT

Companion Services offering to serve our aging population
 by: 
Andrea Gura
  - 
02/01/2004
  | 
Residential

BOCA RATON, Fla. - With more than 35 million Americans already over the age of 65 - and much of the baby boomer generation due to hit that benchmark in 2010 - ADT’s personal emergency response business is signing a host of new partnerships and is tweaking its direct to the end-user sales approach.

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?

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