Tag: GHS Interactive Security
GHS Interactive Security rebrands as Vio Security
July 14, 2020SSN Staff
DALLAS—Community-based security alarm monitoring company, GHS Interactive Security, LLC announced Arena Investors LP, a U.S. institutional private invest firm, has recapitalized the company and acquired a majority stake. With this partnership comes a new brand identity, Vio Security, as well as a recalibrated focus on being the leading smart home and security service provider.
“Arena is taking a hands-on approach as a committed equity partner, investing a significant amount of time and capital...
American Defense Systems welcomes new team players
July 1, 2019SSN Staff
DALLAS—American Defense Systems, a provider of smart security, automation and surveillance, has appointed John Fox to vice president of outside sales and added Garrett Fiveash into a newly created role to manage commercial accounts and strategic business development opportunities.Fox will be overseeing the dealer development team and bringing his industry knowledge and insight to a nation-wide program that is already rapidly growing. Curtis Kindred, owner, president and CEO of American Defense...
How does your company handle cybersecurity?
June 22, 2016Spencer Ives
YARMOUTH, Maine—Cybersecurity is a topic that has dominated industry events, like PSA-TEC. While 71 percent of respondents to Security Systems News' latest poll have never experienced a cybersecurity breach, 29 percent say they have experienced a breach at their home or business.“I would recommend that more companies make cybersecurity a management priority, and focus on two-factor authentication (text message, phone PIN, etc.) as an alternative to just passwords,” said Johnathan...
GHS gets $50m credit facility
September 9, 2015Amy Canfield
WOODLAND HILLS, Calif.—GHS Interactive Security, a provider of integrated security services for the residential and light commercial end markets, has secured a $50 million credit facility.The funding will be used, in part, to expand into Austin, Texas, Houston and Phoenix this year.GHS currently has accounts in California. The credit facility was led by AB Private Credit Investors.“The recurring revenue nature of the business combined with the high quality of GHS's account origination...
This Blog's on Fire (And Other Stuff)
Vivint Solar seeks to raise $200m through IPO
September 3, 2014Tess Nacelewicz
The fact that Vivint Solar officially filed with U.S. regulators last week for an initial public offering of common stock is an indication that solar continues to be a hot option for security companies.
Vivint Solar's parent company is Provo, Utah-based home automation/home security company Vivint, which was bought by The Blackstone Group in 2012 for more than $2 billion.
Now, Reuters reported Aug. 26, Vivint Solar has filed for an IPO and set its fundraising target at about $200 million....
Solar is hot commodity—but can pose fire risks
August 18, 2014Tess Nacelewicz
QUINCY, Mass.—As security companies get involved in solar panel installation, they should be aware of potential fire hazards posed by solar panels. The hazards range from the creation of concealed spaces where fires can develop, to barring firefighters' access to roofs because the electrical power the panels generate can't be switched off, according to a recent forum in which The Fire Protection Research Foundation participated.
Casey Grant, research director for the foundation,...
Protection 1 adding solar to its mix
August 8, 2014SSN Staff
ROMEOVILLE, Ill.—Protection 1, based here, is joining the trend of security companies selling solar, the company has announced.
Protection 1, one of the nation's largest home and commercial security companies with almost 2 million customers, announced in an Aug. 8 news release that it will “launch Brite Energy, powered by Protection 1 and backed by private equity firm GTCR.” Chicago-based GTCR bought Protection 1 in 2010.
Protection 1 is expected to begin selling solar...
GHS Interactive Security, Solar Universe partner to offer security + solar solution
April 2, 2014Tess Nacelewicz
LAS VEGAS—In what is being called a first in the industry, GHS Interactive Security is partnering with Solar Universe, a leading nationwide residential solar company, to combine security and solar into a comprehensive home automation package.GHS, a new home security company based in Sacramento, Calif., and Livermore, Calif.-based Solar Universe announced the partnership today at the ISC West show here.“Combining the strengths of Solar Universe with our own security and monitoring solutions...
GHS expands into southern California market
February 5, 2014Tess Nacelewicz
SACRAMENTO, Calif.—GHS Interactive Security, a new home security company based here, announced this week that it is expanding into southern California with the hire of Shaun Carpenter, an industry veteran who has run large dealer programs in that area for the past 10 years.Carpenter is now president of GHS' new southern division, the company said Feb. 3.“Bringing someone as talented as Shaun in, you go straight from startup to varsity in that market because of his experience and his ability...
Steve Baker, other industry vets launch GHS Interactive Security
May 22, 2013Martha Entwistle
SACRAMENTO, Calif.—Industry veteran Steve Baker, who has served in executive roles at ADT, Monitronics and Westec, announced May 22 that his corporation, GHS Interactive Security, has acquired LifeLine Security and Automation as a platform for growth.LifeLine uses a year-round door-knocking sales model and is formerly one of Monitronics' largest dealers. The company has 60 employees who have remained with GHS. Based here, LifeLine also has an office in Emeryville, Calif. GHS has an office in...