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Tag: Henry Edmonds


Commercial

Worldwide is latest 'search fund' acquisition deal

February 3, 2016Martha Entwistle

NEW YORK—The purchase of Worldwide Security by Novidam Capital Partners is the latest example of a “search fund” acquisition deal, a specialized finance model that brings entrepreneurs into the security industry.Worldwide, an $8.2 million full-service security company, was acquired by Novidam Capital, a search fund, last month.Former Worldwide CEO Ken Mara is retiring and Novidam's Alexander Schuil is now CEO of the company, which has been renamed Worldwide Security Group.“In...

Alexander Schuil, Henry Edmonds, Joe Cestra, search fund deal, Security Systems News, The Edmonds Group, Worldwide Security Group


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Monitoring

PERS features debated at AvantGuard summit

October 7, 2015Spencer Ives

PARK CITY, Utah— Attendees debated the demand for “fall detection” in PERS devices at AvantGuard's third PERS Summit, held here last week.The conference featured a panel discussion on fall detection, titled “Fall Detection… Is it the 'Holy Grail' of PERS?” Representatives from PERS manufacturers Climax, Mytrex and Numera led the presentation.Josh Garner, AvantGuard's CEO, summarized the opinions shared in the session: “Dealers need to have it in their repertoire...

AvantGuard, Bob Kelley, Bryan Stapp, Climax, Derek Carter, Fall Detection, Healthcom, Henry Edmonds, Josh Garner, Medical Care Alert


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Monitoring

AvantGuard sister company acquires PERS manufacturer

March 4, 2015Spencer Ives

OGDEN, Utah—Freeus, the new sister company to AvantGuard Monitoring Services, on Feb. 27 acquired the PERS side of Securus.AvantGuard created Freeus in January to acquire Securus, Josh Garner, AvantGuard CEO, told Security Systems News.The Edmonds Group represented Securus in this sale. Henry Edmonds, company founder and president, declined to release terms of deal.Securus originally approached AvantGuard about acquiring the PERS side of Securus, Garner said. Though, “we didn't think...

AvantGuard, Freeus, Henry Edmonds, Josh Garner, Securus, The Edmonds Group


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General News

Security investment and finance in '14

December 12, 2014Martha Entwistle

YARMOUTH, Maine—Valuations, at least for smaller security deals, were generally higher in 2014 compared to 2013. That is one area of agreement among three security finance and investment experts who participated in a Security Systems News virtual round table.Participating in this year's round table were: Michael Barnes, founder of Barnes Associates, a consulting and advisory firm that specializes in the security alarm industry; John Robuck, managing director, Security Finance for Capital One's...

Barnes Associates, Capital One, Henry Edmonds, John Robuck, Michael Barnes, Security Systems News, The Edmonds Group


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Monitoring

Is 'wake-up' device the answer for mPERS?

September 3, 2014Leif Kothe

CARY, N.C.—Mobile PERS units are emerging as a monitoring staple, but that doesn't mean the device is without its share of skeptics.One of the most common criticisms leveled against mobile PERS devices, whether in hardware or app form, has to do with their relatively low battery life, a result of their constantly having to ping satellites to determine a user's changing location.Securus, a mobile safety and security solutions provider based here, might just have come up with a response to that...

Edmonds Group, eResponder, Henry Edmonds, mobile PERS, monitoring, PERS, physical security, Securus, SSN


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Monitoring Matters

Private equity firm invests in mPERS company

May 21, 2014Leif Kothe

The PERS market has become somewhat notorious for its lack of acquisition activity, a surprising reality given the demographic trends in America that appear to favor such a market. Many industry watchers on the private equity side attribute the lack of acquisitions to valuations that have yet to ripen. Some hold that as churn decreases, generating longer average account lives, outside investment is bound to pick up. With greater scale and higher multiples, the acquisitions will follow. Enter Stonehenge...

Henry Edmonds, mPERS, PERS, physical security, SSN, Stonehenge Growth Equity Partners, The Edmonds Group, valuation


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Also Noted

Edmonds Group arranges $30m subprime account purchase program

May 16, 2014SSN Staff

ST. LOUIS—The Edmonds Group in April announced the initial closing under a $30 million program to purchase subprime security alarm accounts from one of the nation's largest alarm companies. The buyer, a large alternate asset investing firm, will buy accounts with low credit scores and accounts with no credit score available. The seller will enter into a long-term agreement with the buyer to provide monitoring, billing and onsite service for the purchased customers. Neither party wished to be...

Henry Edmonds, subprime, The Edmonds Group


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Monitoring

Startup's mPERS device has siren, camera, pepper spray

April 23, 2014Leif Kothe

PEBBLE BEACH, Calif.—A developer of Internet-enabled life safety products is teaming up with a central station software provider to bring what it's calling “everywhere security” to alarm monitoring.Pangaea Services, a startup based here, is in the final stages of development for the Defender, a mobile security app that fuses elements of a mobile PERS unit with several other security functions, including a siren, pepper spray and a small camera that shoots snapshot photographs of...

AlarmSoft, central station alarm monitoring, Defender, Edmonds Group, Henry Edmonds, mobile PERS, Pangaea Services, physical security, Ryan McManus, SSN


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Monitoring Matters

Ascent Capital's largest stockholder sells half of his preferred shares

October 30, 2013Leif Kothe

Some intriguing financial news out of the Monitronics/Ascent Capital camp. Ascent Capital Group's largest direct stockholder, media mogul John Malone, recently sold half his preferred shares—worth $32.7 million in cash—back to the company, according to a news release from Ascent Capital. The divestment comes nearly three years after Ascent acquired Monitronics in a $1.2 billion deal. Malone, who sold 351,734 shares, now owns the same number of Series B shares, plus 198,540 Series A shares,...

alarm monitoring, Ascent Capital, Henry Edmonds, John Malone, monitronics, physical security, SSN


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Monitoring

PE ponders PERS

October 23, 2013Leif Kothe

ST. LOUIS—There will be more transactions in the typically quiet PERS space over the next six to 12 months, and maybe even sooner, according to Henry Edmonds, president of The Edmonds Group, an investment bank here, which specializes in recurring-revenue businesses.An aging population, soaring medical expenses and outside financing could be enough to galvanize the trading market, Edmonds told Security Systems News. He expects private equity to play “a very significant” role, because...

Connect America, critical signal technologies, Henry Edmonds, medical alarm monitoring association, PERS, The Edmonds Group, Valued Relationships


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