Tag: Michael Shaw
Interface Systems appoints Brent Duncan as Chief Executive Officer
May 10, 2022SSN Staff
ST. LOUIS—Interface Systems, a leading provider of business security, managed networking, and business intelligence solutions, announced today that Brent Duncan, the company’s Chief Operating Officer and President, has been appointed as Chief Executive Officer.
Duncan succeeds the company’s founder, Michael Shaw, who will take on the role of Executive Chairman, where he will focus on a range of strategic initiatives in Interface’s next phase of growth.
Duncan joined...
Interface appoints Daniel Bordeleau as Chief People Officer
December 7, 2021SSN Staff
EARTH CITY, Mo.—Interface Security Systems, a leading managed service provider delivering business security, managed network, UCaaS, and business intelligence solutions to distributed enterprises, announced that it has appointed Daniel Bordeleau as Chief People Officer.
Bringing over a decade of human resources leadership experience from global, consumer-focused organizations like PepsiCo and Diageo, Bordeleau has a proven track record of successfully implementing talent acquisition,...
Interface Security Systems and OpenEye partner
March 23, 2020SSN Staff
EARTH CITY, Mo.—Interface Security Systems, a provider of managed network, interactive alarm monitoring, video surveillance and business intelligence solutions to distributed enterprises, recently announced a new strategic partnership with OpenEye, a provider of cloud-managed solutions for video security, business intelligence and loss prevention.“Our decision to partner with OpenEye was based on their advanced platform meeting the demands of our enterprise customer base,” Michael...
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...
Interface gets $6.9 million
July 13, 2016Martha Entwistle
ST. LOUIS—Interface Security Systems has secured $6.9 million in growth capital to be used to “fund growth initiatives and general corporate purposes.”Contacted by Security Systems News, Interface declined to comment. The publicly traded company is in a “quiet period” before its Q3 financials are released next month.The company in June announced that it had $10.8 million in RMR in 2015, a 28.2 percent over 2014. It had more than 81,000 customers at the end of 2015.In...
Interface raises $115m
June 4, 2014Martha Entwistle
ST. LOUIS—Interface Security Systems, an integrator that offers physical security with managed network solutions in a bundled service, has raised $115 million to fund growth that includes adding an important new retail customer.
“Unlike the $230 million bond that we completed in January, that was substantially a refi, � this latest financing is truly growth capital,” Interface CEO Michael Shaw told Security Systems News on June 2.
Shaw said he could not name the major new...
Interface Security Systems buys Westec Intelligent Surveillance
March 29, 2012Martha Entwistle
LAS VEGAS—Interface Security Systems a St. Louis-based integrator, acquired Westec Intelligent Surveillance, Jeffrey Frye, Interface VP sales and marketing told Security Systems News on March 28.Frye said the bundling of services will mean more capabilities for customers of both companies at a better price. Westec and Interface customers include Fortune 500 names in the retail, QSR and hospitality industries.“We each have a sweet spot in multi-site customers and in retail and commercial,”...
Interface bundles services for 9,500 Dollar General retail stores
August 25, 2011Martha Entwistle
ST. LOUIS—Interface Security Systems is in the process of completing the installation of a secure managed cloud services project for the entire Dollar General 9,500-store retail chain. While terms of the deal were not released, Interface CEO Michael Shaw told Security Systems News that the Dollar General multi-year contract is “expected to generate in excess of $100 million in top-line revenue for Interface.”
Interface is providing the WAN management, PCI compliance, wireless access...
With Cisco certification, Interface Security Systems poised for growth
June 30, 2011Martha Entwistle
ST. LOUIS—Following record growth during the recession-plagued years of 2008-2010, Interface Security Systems executives believe that their company today stands at the brink of another huge growth spurt.
In a milestone that ISS CEO Michael Shaw calls “a huge breakthrough,” Shaw announced June 20 that ISS has been certified as an Advanced Managed Services Channel Partner by Cisco. In July ISS will begin marketing its Secure Managed Cloud Services through a special Cisco program.
What...