Tag: Protection One

VIENNA, Va.—Morgan Hertel, vice president of operations at Rapid Response Monitoring Services, has been named chairman of the new CSAA Video Committee, according to a statement from the organization. The committee will provide oversight to two newly formed subcommittees: the Managed Services Subcommittee and the Enhanced Video Verification Subcommittee. It will also provide direction and coordination between the Electronic Security Association, the Security Industry Association, the Security...

ROMEOVILLE, Ill.—Protection 1, the second-largest electronic security company in the U.S., has appointed Alicia Scheffler as director of organizational development & training. Scheffler will be joining the Protection 1 team in the National Account Center in Irving, Texas. Scheffler comes to Protection 1 with 15 years of experience in developing and managing extensive training programs for such companies as Academic Partnerships, Training Design & Development, Dickey's Barbecue Restaurant, Inc.,...

BELTSVILLE, Md.—ASG Security has hired a former top Protection One sales executive to fill a new position ASG has created—VP of residential sales and marketing. Hiring Jim Boots, formerly VP of residential sales for Protection One, is an integral part of ASG's new strategy to “hit the gas pedal on residential,” said Bob Ryan, ASG senior VP, sales and marketing. He said the company is planning a big push into residential in two new markets this spring, San Antonio, Texas and...

YARMOUTH, Maine—As 2010 draws to a close the editors at Security Systems News take a look back and see what the most read stories of the year were. What was making the news? What were you most interested in knowing? Below is a non-sequential, categorized rundown of the top 10 most read stories on our site from Jan. 1 to Dec. 11, followed by a linked top 10 list. The top category for 2010 was “For sale/SOLD!” Acquisition stories had a large showing in 2010 with a full half of the...

LAWRENCE, Kan.—Network Multifamily, formerly a stand-alone business within Protection One, is now part of the company's national account structure, the security leader announced Nov. 15. The move allows the division, which for 25 years has been selling turnkey, in-unit alarm systems to the owners of apartment- and condominium complexes as an amenity to occupants, to now offer Protection One's full range of solutions, ranging from intrusion to video, according to Protection One, which is headquartered...

DALLAS—With the goal of growing its national accounts operation exponentially, Protection One CEO Tim Whall announced at the ASIS show that the entire national accounts group had been moved under one roof, in the neighboring town of Irving, Texas. “Protection One did about $6 or $7 million in national account last year. Over the next three years we want to take that upward of $100 million,” he said. The office is set up so the national account teams work in pods.  People with diverse...

CHICAGO—Protection One, the largest privately owned electronic security company in the United States, on Sept. 28 announced Rich Hewitt has been named commercial sales director. In his role, Hewitt will be responsible for overseeing and growing commercial sales companywide for Protection One. Hewitt brings experience gained from his 20 years in the security industry.

LAWRENCE, Kan., and CHICAGO—Equity firm GTCR announced today the acquisition of Protection One, the second-largest security alarm company in North America, now that ADT and Broadview have combined. Our lead story has the ins and outs of the whys and whos, including interviews with ProOne CEO Richard Ginsburg, Michael Barnes, John Mack, and principal of GTCR David A. Donnini. However, for those of you interested in raw numbers, here's a breakdown of the deal, using numbers pulled from the press...

LAWRENCE, Kan., and CHICAGO—Jim Covert and Tim Whall will be back in the security business following the close of a $828 million deal, announced today, where private equity group GTCR acquires Protection One. “Jim will be a board member and serve as an advisor, and Tim will be the CEO,” said David Donnini, GTCR principal, who noted that GTCR has worked with Covert and Whall, notably with the Cambridge Protection and HSM deals, over the past 15 years. “We teamed up with Tim...

LAWRENCE, Kan.—Three days after the largest security company (ADT) announced it was buying the second-largest alarm company (Broadview Security), Protection One, the third largest alarm company, announced it is exploring its strategic alternatives, including a sale of the company. “The financial markets are much stronger now than they were a year or so ago. Our company is performing well, and our balance sheet is in great shape,” Richard Ginsburg, Protection One CEO told Security...