Tag: Pam Petrow

NASHVILLE, Tenn.—ADS Security, a division of Vector Security Inc., announced the promotion of Craig Leyers to president. Leyers succeeds John Cerasuolo, who is stepping down after serving as ADS President for the past 12 years.“I'm honored to move into this role and continue to work with our teams to provide the best possible service to our customers,” Leyers told Security Systems News. “ADS Security has become a leader in this industry because not only do we have incredible...

PITTSBURGH—Vector Security announced the acquisition of ADS Security, headquartered in Nashville, Tenn. The transaction officially closed on Monday, June 3.ADS Security's strength in the Southeast combined with the current Vector Security footprint will establish a broader, deeper presence in the U.S. Collectively both companies will have close to $20 million in recurring monthly revenue and a customer base of nearly 400k subscribers.“We are excited to welcome the team members and customers...

PITTSBURGH—Vector Security Inc., a home and business automation solutions provider based here, gained nearly 10,000 accounts when it acquired Security Associates LLC, a local security provider based in Baltimore.Security Associates was “regionally based in the Baltimore area, and they were more of a local 'hometown-type' company, that was their approach to the market place,” Art Miller, Vector's vice president of marketing, told Security Systems News.Security Associates' customer...

The Monitoring Association today announced that Ivan Spector, president of Montreal-based Sentinel Alarm Co., was voted to be the next president of TMA at its general membership meeting, held on June 13 during ESX in Nashville Tenn. “I am very honored and humbled to serve in the position of President,” Spector said in TMA's announcement. “I look forward to continuing our successes and I thank all of our members for their support and participation.” Spector is a Superior Court...

PITTSBURGH—Vector Security Inc., an integrator of intelligent physical security and home automation solutions, has acquired Guardian Force Security Services LLC, a provider of professional security services in Southeast and East Texas, with locations in Nederland and Lufkin.The acquisition expands Vector Security's presence in the Gulf District, which already includes branches in Dallas as well as in Shreveport and Baton Rouge, Louisiana.“We officially welcome the teams and customers...

SCOTTSDALE, Ariz.—The Monitoring Association, formerly CSAA, announced details of its 2017 Annual Meeting—the first since the name change—which will be held at the Fairmont Scottsdale Princess in Scottsdale, Ariz., October 7-11. Jack Uldrich, a global futurist, speaker and author of 11 books, will deliver the conference's keynote on Oct. 9. Uldrich is a frequent speaker on emerging technology, change management and leadership and has addressed hundreds of corporations, associations...

PITTSBURGH—Vector Security, a large residential and commercial security provider based here, recently entered into an agreement for a $300 million revolving credit facility.“We are looking to use the funds for growth. So, we'll be using them for acquisitions, as well as some organic growth and some projects that we're going to be working on,” Pam Petrow, Vector Security's president and CEO, told Security Systems News. The funds will also refinance some of the company's existing...

FORT WORTH, Texas—The Central Station Alarm Association name is on its way out.At the June 6 CSAA general membership meeting here at the ESX show here in Fort Worth, Texas, members voted to change the name to The Monitoring Association. The association previously notified members of the vote.Jay Hauhn, CSAA executive director, told Security Systems News that 90 percent of those voting were in favor of changing the name to The Monitoring Association, "and the other 10 percent wanted to change...

Earlier this week CSAA announced the keynote speaker for this year's CSAA Annual Meeting, held in Marco Island, Fla., from Oct. 22-27: Tasha Eurich, organizational psychologist and author of New York Times bestseller Bankable Leadership. “We are pleased to feature a next-generation speaker at the Annual Meeting,” CSAA president Pamela J. Petrow said in a prepared statement. “CSAA members are always looking toward the future, and Dr. Eurich is sure to provide them with new strategies...

CSAA is starting a new project with Verisk Analytics, a firm that studies data on insurance as well as other industries. The organizations will be “examining the impact of professionally monitored alarm systems on insurance risk,” according to a recent release from CSAA. CSAA will combine its member alarm system data with Verisk's proprietary insurance data. “Insights from this study could be used in filings for updated discounts with insurance department regulators,” CSAA...