Skip to Content

Tag: $487 million acquisition


Monitronics to acquire Security Networks

July 10, 2013Martha Entwistle

ENGLEWOOD, Colo.—Monitronics will have more than 600 dealers and 1 million accounts when it completes the $487 million acquisition, announced today, of super-regional security company Security Networks, the 14th largest residential alarm monitoring company in the United States.The deal, which is expected to close Aug. 16, includes $487.5 million of cash, and 253,333 newly issued shares of Ascent Series A common stock with an agreed value of $20 million, according to the statement. The purchase...

$487 million acquisition, Ascent Media, Henry Edmonds, Mike Haislip, monitronics, Oak Hill Capital Partners, Rich Perry, Security Networks

Read Full Articlered right arrow icon