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Monitoring contract provision can stand in way of sale

April 4, 2012Tess Nacelewicz

LAS VEGAS—Read the fine print on your contract with your third-party monitoring center. You may find there's a clause buried in it that says the monitoring center has the right to buy your alarm company before you can sell it to somebody else.Such “right of first refusal” language is not in every monitoring contract, but it is in enough of them that Ron Davis, president and CEO of Davis Mergers and Acquisitions Group, warned potential sellers about the problem at an educational...

Anatomy of a Transaction, CIA Security, Davis Mergers & Acquisitions Group, ISC West, John Lombardi, Marc Katz, Ron Davis, Security Systems News (SSN)