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G4S president talks integration strategy

With NSSC, Adesta, and Touchcom in the fold, what's next?
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07/29/2010

PALM BEACH GARDENS, Fla.—News last week that G4S had purchased Nuclear Security Services Corp., an integrator and manufacturer serving the nuclear facility marketplace, should not have been surprising. Coming on the heels of purchases of integration firms Adesta earlier this year and Touchcom two years ago, G4S, touted as the world's largest security firm, is clearly interested in the high-end integration marketplace.

IdentiSys acquires Card Solutions

Integrator working toward goal of being 'a very dominant identification systems provider'
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07/29/2010

EDEN PRAIRIE, Minn.—IdentiSys announced last week the acquisition of Card Solutions Corporation, an ID reseller serving the Florida market from West Palm Beach down to Key West. Former owners Richard and Barbara Beecher will remain with IdentiSys, continuing to provide ID management, card issuance, and security solutions to the healthcare, education, casino, corporate, financial, emergency management, and government markets in South Florida.

FreightWatch raises $10m

Business grows as cargo theft increases, regulations mount
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07/26/2010

AUSTIN, Texas—With an eye toward developing new technology and possible M&A activity, logistics security firm FreightWatch International announced this month a $10 million capital raise led by Bridge Investments, with help from Egis Capital and the Kroll family.

This is the first equity raise in the company's 12 years, said CEO Barry Conlon, and though it remains difficult to raise funds in this economy, "we see cargo theft really on the rise. We're seeing a demand and more and more requests for locations that we're not currently in." To meet that demand, FreightWatch need some capital to grow quickly. Conlon said to look for new locations "not in the short term, but in the middle term."

G4S acquires NSSC

Risk consulting and integration firm to help entry to petro-chem, critical infrastructure market
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07/14/2010

PALM BEACH GARDENS, Fla.--G4S Secure Solutions USA announced this week the acquisition of Nuclear Security Services Corp., a risk-consulting and security solutions firm specializing in corporate and critical infrastructure applications. NSSC provides evaluation and assessment, security design and engineering, installation and testing of security systems throughout the world, and supplies a wide range of equipment and system options to further enhance G4S's core mission.

HDCCTV to be installed in SD casinos

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07/13/2010

DEADWOOD, S.D.—In what’s believed to be the first instance of a state gaming board approving the use of HDCCTV technology, the South Dakota Gaming Board has cleared the technology’s use this month, and integrator Five Star Audio Video Systems will soon begin deployment of the technology at the Silverado and Franklin casinos, located here in the Black Hills.

NAV tackles Red Bull Arena

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07/08/2010

BRICK, N.J.—According to a press release, North American Video has completed the installation of a physical security system at the newly built Red Bull Soccer Arena. Located in Harrison, N.J., the arena is equipped with a mixture of fixed and pan/tilt video surveillance cameras and a card access system with local alarm monitoring at the security command center to help ensure the safety and security of the fans and players.

Busy month continues for Stanley

Another Sonitrol buy; executive swap-out
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06/29/2010

NAPERVILLE, Ill.—After a relatively inactive spring on the acquisition front, Stanley CSS made two buys in two weeks, following up last week’s Sonitrol of the Tri-State buy with a purchase this week of Sonitrol of Allentown, a Sonitrol franchise since 1979, located in Allentown, Pa. According to Stanley, the sale includes mostly commercial accounts including retail, restaurant, industrial, financial, service and education customers being serviced throughout eastern Pennsylvania.

SGPTI positions cameras virtually

Use of Feeling Software allows for 3D planning, design-stage savings
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06/29/2010

MONTREAL—When designing where to hang cameras, how useful would it be to know almost exactly what a camera’s view would be before ever turning a screw?

Security 101 looks to continue hot streak with Honeywell vet

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06/25/2010

MARIETTA, Ga.—Having reached 20 franchises, largely throughout the east and southeast, Security 101 is looking to grow further. To that end, they’ve brought on Tom Echols, who has spent that last 10 years at Honeywell’s VP of global accounts and systems sales, as VP of sales.

Koorsen spins off integration firm

Next Koorsen generation buys in, looks forward
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06/24/2010

INDIANAPOLIS—Koorsen Fire & Security has spun off a new firm, to be located in new headquarters nearby and owned by president Randy Koorsen’s daughter Kelly Hoffman, with brothers Brian, Keith, and Scott as minority shareholders.

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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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