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Tag: ASG


Commercial

ASG principal named as senior fellow for Homeland Security

October 10, 2018SSN Staff

RENTON, Wash.—Joe Zaccaria, principal with the Enterprise Security Risk Group (eSRG) of Aronson Security Group/ADT, was named a senior fellow of the center of excellence for Homeland Security Emergency Management (HSEM).As a senior fellow, Zaccaria becomes a member of the HSEM training and education institute that works with the center of excellence to pursue knowledge and best practices toward building resilience in education organizations, business and government agencies, Washington State,...

ADT, ASG, Ed Bacco, Joe Zaccaria, Linda Crerar


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Commercial

Apollo to buy ADT for $6.9 billion, combine with Protection 1

February 16, 2016Martha Entwistle

BOCA RATON, Fla.—Apollo has landed again. After years of rumors that ADT would be acquired by one entity or another, the home and business security giant today announced it has agreed to be acquired by Apollo Global Management for $6.9 billion ($42 per share). Apollo plans to combine ADT with Protection 1 and, according to an ADT news release, “will operate primarily under the ADT brand.”Apollo, which manages $170 billion and is one of the world's largest private equity groups,...

ADT, Alper Cetingok, Apollo, ASG, Protection 1, Raymond James


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Suppliers

ASG COO moves to SecureNet

December 2, 2015Spencer Ives

LAKE MARY, Fla.—Bill Rose, formerly ASG's chief operating officer, is now the COO for SecureNet Technologies, a software company based here that provides a platform for various security devices in the home.Rose will be looking into new products and technologies, and overseeing the new integrations into SecureNet's platform, he told Security Systems News.“One of the big things that I bring to SecureNet is having 30-plus years working Ö in the security field, specifically in selling similar...

ASG, Bill Rose, SecureNet Technologies


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Commercial

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 operations...

ASG, chief revenue officer, Jamie Haenggi, Protection 1


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Commercial

Protection 1 buys Cam Connections

June 2, 2015Martha Entwistle

LAKELAND, Fla.—Protection 1 announced today that it is buying Cam Connections, (CCI) a full-service integrator based here. The acquisition comes in the midst of Protection 1 being acquired by Apollo Global Management, but it's still closing deals on its own."While CCI serves a number of different industries, they are particularly strong in the retail segment and providing integrated high-end solutions," Protection 1 CMO Jamie Haenggi told Security Systems News in an email interview.CCI President...

Apollo, ASG, Cam Connections, CCI, Jamie Haenggi, Protection 1, Robert Bull


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Commercial

Apollo lands Protection 1, ASG

June 1, 2015Martha Entwistle

NEW YORK—Apollo Global Management is about to take one giant leap into security with its May 19 agreement to acquire Protection 1 and ASG Security.Under the agreement, reportedly $2 billion, the combined companies will operate under the Protection 1 brand, with Protection 1 CEO Tim Whall at the helm.Whall told Security Systems News that given the companies' “like-minded approach to the operations, the combination will be a force in the marketplace."The deal would instantly deliver “both...

Apollo, ASG, Barnes Associates, Jamie Haenggi, Joe Nuccio, Michael Barnes, Protection 1, Tim Whall


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On The Editor's Desk

Thoughts on a potential ASG-Protection 1 merger

May 13, 2015Martha Entwistle

YARMOUTH, Maine—How about the news this week of a purchase of and merger of ASG and Protection 1? I'm eager to see how this all shakes out. Taking a look at the potential 50.4x RMR mulitiple if the purchase price is $2 billion, Imperial Capital's Jeff Kessler repeated his oft-emphasized mantra that the multiple of RMR is not the be-all end-all of deal valuations. You need to look at EBITDA and Steady State Cash Flow, neither of which publicly available for these companies right now. It's a...

Apollo Global Management, ASG, Protection 1


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Residential

Who's afraid of Google?

April 1, 2015Amy Canfield

YARMOUTH, Maine—Google's venture into home security and automation may turn out to be a very good thing for traditional resi companies, according to providers interviewed by Security Systems News.That's not to say it won't pose challenges, maybe even some big ones, but any sound company that has solid customer service and stays on its technological toes shouldn't fear Google's foray, they said. Monitoring companies could stand to benefit, too.“I love it,” Select Security's president...

ADS, ASG, Bob Ryan, Google, Imperial Capital, Jeff Kahn, Jeff Kessler, John Cerasuolo, Security Systems News, Select Security


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Commercial

ASG buys in Louisiana, Florida

April 23, 2014Martha Entwistle

BELTSVILLE, Md.—Bolstering its platforms in Louisiana and Florida, super-regional security company ASG on April 22 announced two acquisitions: Alarm Detection Systems (ADS) of Houma, La., and Amsafe Security Systems, based in Ft. Lauderdale, Fla.With these deals done, ASG is working “to build the territories to continue to grow internally, which is the thesis for all the companies we acquire,” Joe Nuccio, ASG CEO, told Security Systems News.Nuccio and other ASG executives, CFO Ralph...

Alarm Detection Systems, Amsafe Security Systems, ASG, Bob Ryan, Davis Mergers and Acquisitions Group, Joe Nuccio, physical security, Ralph Masino, security integration, SSN


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Commercial

ASG ups credit facility to $300 million

February 5, 2014Martha Entwistle

BELTSVILLE, Md.—ASG in January upped its credit facility to $300 million.This is the second time the super-regional has increased its credit limit in 10 months. In April 2013, ASG increased its credit facility from $250 million to $270 million.At that time, Ralph Masino, ASG CFO, said that the super-regional had the opportunity to up the revolver by another $30 million. The same is true this time. “We increased it by $30 million and we reset the ability to add another $30 million if we'd...

ASG, credit facility, Ralph Masino


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