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Tag: advanced services

Monitoring Matters

ADT closes Protectron acquisition

July 8, 2014Leif Kothe

The ADT Corporation announced yesterday that it has closed its acquisition of Canadian monitoring giant Protectron. ADT, which executed a definitive agreement to acquire Reliance Protectron in April, acquired the company for total cash consideration of CAD $555 million. ADT has now officially added 400,000 customers and 31,000 accounts north of the border, worth approximately $11 million in RMR. ADT, which already has two central stations in Canada, adds four more through the acquisition. Protectron,...

ADT, advanced services, alarm monitoring, Devcon, Physical Security, Protectron, Residential Security

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