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Monitronics acquires LiveWatch Security for $67m

March 3, 2015Spencer Ives

DALLAS—Third-party monitoring giant Monitronics has acquired LiveWatch Security, a provider of professionally monitored DIY home security systems, for $67 million.LiveWatch brings with it $900,000 in RMR and 32,000 accounts. Its customers are located in all 50 states and Puerto Rico.“DIY has been really building a base in the industry for the past few years,” John Orr, senior VP for Ascent Capital Group, told Security Systems News. “We really did [this acquisition] because...

Ascent Capital Group, DIY, Imperial Capital, Jeff Kessler, John Orr, LiveWatch Security

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