Archive: August 2015
Tunstall acquires N.Y. PERS company
August 31, 2015SSN Staff
RICHFIELD SPRINGS, N.Y.—Tunstall Healthcare Group is continuing its expansion plans with the acquisition of another medical alarm company, Healthcare Monitoring Systems, which is based here.
In early June, Tunstall acquired Kupuna Monitoring Systems, a PERS provider based in Hawaii. Allison Frazer, Tunstall Americas' director of marketing, told Security Systems News that the June acquisition was part of an ongoing growth strategy.
“The HMS team has been providing outstanding service to...
Haenggi takes on new role at Protection 1
August 31, 2015Martha Entwistle
CHICAGO—Full service security giant Protection 1, which was recently acquired by private equity firm Apollo Global, today announced that Jamie Haenggi has been promoted to the newly created role of chief revenue officer.
Apollo also acquired super-regional security company ASG. The two companies, which are in the process of being integrated, form the new Protection 1, a $600 million organization with about $40 million in RMR.
Haenggi will be responsible for leading marketing, customer...
Jeffery Gardner named CEO of Monitronics
August 26, 2015Martha Entwistle
DALLAS— Jeffery Gardner, a former telecommunications executive with extensive M&A experience, has been named CEO of Monitronics and EVP of Monitronics parent company Ascent Capital Group. He will start his new job Sept. 10 and will replace Mike Haislip who is retiring.
Gardner served as CEO of voice and data network communications provider Windstream Holdings from 2006 to December 2014. Gardner oversaw nine acquisitions, totaling $5 billion, during his tenure at Windstream, a Fortune...
Monitoring stations with an edge: Earning dealer loyalty
August 26, 2015Kenneth Z. Chutchian
YARMOUTH, Maine—It's supposed to be a win-win when wholesale central monitoring stations want to manage, service or purchase accounts from alarm dealers. The dealer can acquire some capital. The central station builds its portfolio. This business relationship can be sweet, as when central stations offer perks to purchase accounts. Or it can go sour when the central station and the dealer, after an account transfer, wind up competing with each other for customers.
The only chance that...
Sticky bundle for LOUD
August 26, 2015Amy Canfield
KENNESAW, Ga.—LOUD Security is three months into its trademarked Life Safety Facility Manager program, adding service revenue and new “stickiness” to its commercial customer base, company owner and president John Loud told Security Systems News.
The company has bundled inspections and certifications of fire extinguishers, sprinkler systems and more and included camera cleanings in its package.
“Now you don't have to call the electrician or your extinguisher guy....
CAA has busy fall schedule
August 26, 2015Amy Canfield
The California Alarm Association has planned four regional meetings in September.
An EBAA general meeting will be held in Richmond Sept. 8; an IEAA general meeting in Riverside Sept. 15; an OCAA general meeting in Anaheim Sept. 16; and an an SDSA general meeting in San Diego Sept. 17. RSVPS are needed.
Additional general meetings are planned for October and November.
The organization is also planning for its winter convention, Dec. 9-12 in San Francisco, where the George A. Weinstock...
ADT goes live with ASAP
August 26, 2015Spencer Ives
BOCA RATON, Fla.—ADT has joined the ASAP to PSAP program, which will cause a positive chain reaction for the program, increasing its prevalence nationwide, according to Jay Hauhn, CSAA executive director.
“We cannot get PSAPs to get excited until we have more centrals online, and we have trouble getting central stations online until the PSAPs are online,” Hauhn told Security Systems News. “There will be a natural domino effect by ADT coming online.”
More PSAPs...
Will UTC buy Nortek?
August 26, 2015Martha Entwistle
Will UTC buy Nortek?
The Wall Street Journal, citing unnamed sources, says it's in talks to do so for around $1.2 billion. I talked to some folks in the past few days who say the purchase, which may not make sense on the surface may indeed make sense. Other financial reports, such as the Motley Fool, concur.
Nortek is the parent company of well known access control, security and automation brands Linear, 2GIG and Go!Control. Those brands fall under the Nortek Security and Control division. It's ...
R&D, training all part of CPI's roadmap
August 26, 2015Spencer Ives
CPI Security now has a lot of room to grow, including some R&D space. The company started building a new 120,000 square-foot building a few weeks ago. Recently, I got a chance to catch up with Ken Gill, CEO of CPI, and talk a bit more about the new facility's design and how it compares to—and expands on—the current one.
Room to grow is a big theme with this building. Not everyone at CPI is moving over to the new facility once it's built, Gill said. In fact, the company currently plans...
My Alarm Center awards annual scholarships
August 25, 2015Spencer Ives
NEWTON SQUARE, Pa.—My Alarm Center awarded Kristin Hand its annual $1,000 scholarship. Hand, from Baxley, Ga., is studying criminal justice with hopes of being a lawyer, according to a recent statement from My Alarm Center.
For the third consecutive year, the company awarded two additional scholarships.
Christian Renwick, of Earlysville, Va., is studying forensic pathology and was awarded $500. Virginia Paino, also receiving $500, is studying criminal justice to enter law enforcement.
These...