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Tag: Mike Haislip


Monitoring

Jeffery Gardner named CEO of Monitronics

August 26, 2015Martha Entwistle

DALLAS— Jeffery Gardner, a former telecommunications executive with extensive M&A experience, has been named CEO of Monitronics and EVP of Monitronics parent company Ascent Capital Group. He will start his new job Sept. 10 and will replace Mike Haislip who is retiring.Gardner served as CEO of voice and data network communications provider Windstream Holdings from 2006 to December 2014. Gardner oversaw nine acquisitions, totaling $5 billion, during his tenure at Windstream, a Fortune 500 company.In...

Ascent Capital Group, Bill Fitzgerald, Jeffery Gardner, Mike Haislip, monitronics


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Also Noted

Monitronics promotes Mungiguerra

April 9, 2015SSN Staff

DALLAS—Monitronics International promoted of Bruce Mungiguerra from VP of operations to SVP of operations. Mungiguerra joined Monitronics in 2006 with more than 17 years of operations, sales and call-center experience. He was named VP of operations in 2012, where he is responsible for all aspects of dealer sales and development, field operations, customer operations and the company's alarm monitoring center. “Bruce shows a commitment to exceptional standards that has helped Monitronics...

Bruce Mungiguerra, Mike Haislip, monitronics


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Monitoring Matters

Ascent Capital reaps windfall of Security Networks acquisition

November 26, 2013Leif Kothe

Buoyed by the $487 million acquisition of Security Networks, Ascent Capital, the holding company that owns Monitronics, posted some sterling numbers for the third quarter of 2013—numbers that underscore why investment firms continue to find the RMR model attractive (long-term contracts, high margins, cash flow predictability). The list goes on. Ascent's net revenue for the three and nine months (ended Sept. 30, 2013) increased 36.8 percent and 27.4 percent, respectively. The growth was fueled...

Ascent Capital, Bill Fitzgerald, Mike Haislip, monitronics, physical security, Security Networks, SSN


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Monitoring

Monitronics to acquire Security Networks

July 10, 2013Martha Entwistle

ENGLEWOOD, Colo.—Monitronics will have more than 600 dealers and 1 million accounts when it completes the $487 million acquisition, announced today, of super-regional security company Security Networks, the 14th largest residential alarm monitoring company in the United States.The deal, which is expected to close Aug. 16, includes $487.5 million of cash, and 253,333 newly issued shares of Ascent Series A common stock with an agreed value of $20 million, according to the statement. The purchase...

$487 million acquisition, Ascent Media, Henry Edmonds, Mike Haislip, monitronics, Oak Hill Capital Partners, Rich Perry, Security Networks


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Residential

Pinnacle sells 93,000 accounts to Monitronics

October 31, 2012Tess Nacelewicz

OREM, Utah—Pinnacle Security, a leading summer-sales-model company based here, recently announced an alliance with Monitronics International in which Pinnacle has sold Monitronics about 93,000 accounts and made an agreement for future account sales. The accounts represent $4.4 million of gross RMR, according to a news release.According to Pinnacle, the $131 million transaction, which closed last week, “reduces debt and accelerates sales and marketing initiatives.”The accounts sold...

Ascent Capital Group, Bruce Mungiguerra, Golden Gate Capital, Jared Chappell, Mike Haislip, Monitronics International, Pinnacle Security, Security Systems News


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Monitoring

Looking at the Monitronics acquisition

December 22, 2010Daniel Gelinas

YARMOUTH, Maine—Santa Monica, Calif.-based Ascent Media Corporation announced Dec. 17 it had bought Monitronics International, one of the largest third party monitoring companies in the U.S. with more than 650,000 accounts, in a deal worth $1.2 billion. While many of the finer details of the deal are as yet unrevealed, industry observers have come forward to discuss the information made publicly available in a Dec. 20 Ascent investor call. Jennifer Holloway, president of Holloway Security Consulting,...

AMG, Ascent Media Corporation, Ascent Media Group, Holloway Security Consulting, Jennifer Holloway, John Orr, Mike Haislip, Mike Meyers, Mitch Clarke, Monitronics International


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Monitoring

Ascent Media buys Monitronics for $1.2b

December 17, 2010Daniel Gelinas

SANTA MONICA, Calif.—Ascent Media Corporation, a holding company based here, announced on Dec. 17 that it had agreed to purchase Monitronics International in a deal valued at $1.2 billion. Prior to an Ascent investor call on Monday, Dec. 20, Monitronics president and CEO Mike Haislip told Security Systems News in an exclusive interview why he felt the acquisition was a sign of good things to come. “We're really excited about this because it brings a lot of stability having someone like...

Ascent Media Corporation, Mike Haislip, Mike Meyers, monitronics, William Fitzgerald


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