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Commercial and Systems Integrators

Consolidation moves Securitas Systems buys PEI

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12/01/2007

STOCKHOLM--In its first buy in the United States since its purchase of Florida-based Premier System Solutions in April 2006, Securitas Systems announced in early November the purchase of integrator PEI Systems, based in Long Island City, New York. Terms of the deal were not released, though Securitas announced it paid a multiple of between six and nine times EBITDA, and that PEI had revenues of roughly $11.

Alion hires Massey for port work

Integrator will look to establish best practices for maritime security market
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12/01/2007

MCLEAN, Va.--Alion, a systems integrator and technology developer doing roughly 90 percent of its business with the federal government, has hired Charles Massey as director of ports and maritime security in an attempt to grow its business with the private sector and round out its homeland security knowledge base.

Tibs' green-minded employees

Building and security systems integrator challenges others to initiate GEEMP
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12/01/2007

ATLANTA--Tibs, a division of MC Dean and a systems integrator doing about a third of its revenues in electronic security systems, pitches itself as a green-minded company. MC Dean is a member of the U.

TAC to 'transform the market'

New Americas president Drees has lofty goals for security, buildings integrator
SSN Staff  - 
12/01/2007

DALLAS--TAC, an international security and building systems integrator owned by Schneider Electric, announced in late October the appointment of Jeff Drees as president of TAC in the Americas region and executive vice president of TAC worldwide. He will be responsible for the performance and growth of the company in North, Central and South America.

Further outside the box

MDI purchases construction management firm in Texas
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12/01/2007

SAN ANTONIO--MDI, traditionally an access control manufacturer, has over the past year launched a systems integration arm, Global Support Systems, and has now supplemented those abilities with the purchase of FAS Construction Management for five million MDI shares.
MDI's focus over the past year has been upon its LearnSafe initiative, which offers schools a "soup to nuts" security package, with everything from background checks to cameras.

TAC lands $3.9m Xanadu contract in NJ

Brief
SSN Staff  - 
11/01/2007

DALLAS--TAC announced in late Sept. it has won a $3.

New player from overseas

Olive Group lands "tens of millions" from Monitor Clipper Partners
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11/01/2007

WASHINGTON--Olive Group, a security firm that provides protection services, risk assessments and integrated security systems, announced this week the close of an equity financing round, with Monitor Clipper Partners as lead investor. Details of the investment were not disclosed, but Mary Jo Lampe, vice president of strategic marketing and communications for Olive's U.

IR names new CFO

Brief
SSN Staff  - 
11/01/2007

HAMILTON, Bermuda--Ingersoll-Rand Company Limited announced in early October the hire of James Gelly as senior vice president and chief financial officer. He is also an officer of the company and will serve as a member of Ingersoll Rand's Enterprise Leadership Team.

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Poll

SSN News Poll March 2018

A variety of companies in the security and life safety space exhibited at CES, some launching products there. ADT launched its new ADT Go app and Medical Guardian announced the Freedom Guardian, to name a couple. Were you at the show?