Tag: John Mack
SIA names Lee Odess as 2023 Committee Chair of the Year
February 13, 2023SSN Staff
SILVER SPRING, Md.—The Security Industry Association (SIA) has named Lee Odess, CEO of Access Control Executive Brief, as the 2023 recipient of the SIA Committee Chair of the Year Award, which recognizes individuals for excellence in leading SIA committees and advancing member objectives.
SIA will present Odess with the award at The Advance, SIA’s annual membership meeting, which will be held March 28 during ISC West.
In 2022, Odess was instrumental in launching...
ESX 2021 Virtual Experience spotlights innovative technologies, business strategies
July 6, 2021SSN Staff
CHICAGO—The Electronic Security Expo (ESX) 2021 Virtual Experience, presented by the Electronic Security Association (ESA), wrapped up on June 17, delivering a wide breadth of educational content, product innovations and networking opportunities.
Security professionals from all corners of the industry attended ESX to hear from thought leaders and industry experts on business strategies and best practices.
The Main Stage delivered thoughtful strategies for security dealers, integrators,...
ESX 2021 announces speakers for virtual June event
May 25, 2021SSN Staff
CHICAGO—The 2021 Electronic Security Expo (ESX), presented by Electronic Security Association (ESA), has released the full lineup of presenters for its upcoming Virtual Experience, which takes place online from June 15-17.
The three-day virtual event will feature Main Stage presentations and virtual networking opportunities, as well as more than 24 educational sessions across four tracks, designed specifically for security professionals.
“ESX is all about innovation, making connections,...
SecurityNext webcast to feature industry thought leaders
August 12, 2020Paul Ragusa
As one of the last in-person shows to take place back in February, the first annual SecurityNext conference is the last memory I have of feeling the excitement and intimacy of being right there and rubbing elbows with so many industry leaders and peers, an experience that I am sure all of us miss since COVID-19 disrupted so much of what was essential to our industry. I feel fortunate that I was able to connect on that level and look forward to a time when we can get back to some level of normalcy...
Business resiliency during crisis
April 8, 2020
YARMOUTH, Maine—At this point in the global pandemic, unemployment is soaring; furloughs are plenty; some businesses are no longer in existence; and according Bloomberg Economics' model, chance of recession in the U.S. now stands at 100 percent. The time is now for security integrators to quickly adapt to these and other disruptions while at the same time maintaining continuous business operations and keep people safe by prioritizing what is most critical to be done. Easier said than done.The...
Recent ADT and Alarm.com deals making waves
October 30, 2019Paul Ragusa
Recent mega deals — Alarm.com acquiring OpenEye and ADT bringing on I-View Now — couldn't be timelier as this month's News Poll looks at the topic of M&A, which seems to be as active as ever with big deals hitting what seems like weekly.
These two deals, which happened within the same week, are making waves in both the residential and commercial markets.
SSN caught up with John Mack, executive vice president and co-head of Investment Banking with Imperial Capital, which represented OpenEye...
Interface deal good for the industry
August 9, 2017Paul Ragusa
The $600 million Interface Security Systems deal has sent—as The Beach Boys once sang—“good vibrations” throughout the security industry, as it provides not only a vote of confidence for what Interface is doing as a modern systems integration company, but also a vote of confidence in the security industry, in general, as companies like Interface represent a new breed of integrator that is staying at the forefront of new technology and innovation.
John E. Mack III, executive...
Interface Security Systems closes on $600m refinancing for new capital structure
August 7, 2017Paul Ragusa
ST. LOUIS and PLANO, Texas—Interface Security Systems on Aug. 3 announced the completion of a $600 million refinancing for a new capital structure that will facilitate strategic growth and expansion, with substantial contributions of new growth equity capital of $125 million from SunTx Capital Partners and Prudential Capital Partners.Pursuant to the $600 million refinancing, the company's existing debt—including the $50 million Capital One revolving credit facility, the $230 million senior...
Cloud will enhance M&A activity
December 9, 2015Amy Canfield
FOSTER CITY, Calif.—The cloud's benefits to end users, dealers and integrators will lead to more funding for M&A, according to John Mack EVP, co-head of investment banking and head of mergers and acquisitions, Imperial Capital.Cloud is an important theme among many 2015 deals, Mack said, noting, among others, FLIR's recent purchase of DVTEL.Mack was speaking at the Cloud+ conference, held here. During “The cloud enables a new security dealer” session, Mack said that “private...
Drako-Brivo deal and 'the new security dealer'
June 10, 2015Martha Entwistle
There's been a lot of talk about cloud services and managed services proliferating in the security industry, but “to a large degree it has been a head fake,” according to John Mack, EVP and co-head of investment banking at Imperial Capital.
Many of the so-called cloud products are not true cloud-based systems, and managed services is in it infancy as well, Mack said. He believes that the news that Dean Drako, owner of cloud-based VMS provider Eagle Eye and founder of Barracuda Networks,...