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Tag: Protectron


ADT Canada's new president starts today

January 11, 2015SSN Staff

BOCA RATON, Fla.—Andrea Martin begins her new job as president, ADT Canada today. ADT, based here, announced Martin's appointment to this newly created role on Jan. 8.Charged with accelerating growth in the Canadian market, ADT said that Martin will also lead the integration of ADT Canada and Protectron. ADT acquired Protectron last July. Martin will be based in Montreal and report directly to ADT president and CEO Naren Gursahaney.“Andrea has extensive experience managing large subscription-based...

ADT Canada, Andrea Martin, Naren Gursahaney, Protectron

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Monitoring Matters

ADT closes Protectron acquisition

July 8, 2014Leif Kothe

The ADT Corporation announced yesterday that it has closed its acquisition of Canadian monitoring giant Protectron. ADT, which executed a definitive agreement to acquire Reliance Protectron in April, acquired the company for total cash consideration of CAD $555 million. ADT has now officially added 400,000 customers and 31,000 accounts north of the border, worth approximately $11 million in RMR. ADT, which already has two central stations in Canada, adds four more through the acquisition. Protectron,...

ADT, advanced services, alarm monitoring, Devcon, physical security, Protectron, Residential Security, SSN

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ADT to acquire Protectron for $500 million

April 30, 2014Leif Kothe

BOCA RATON, Fla.—In what will be its largest acquisition as an independent company, ADT has agreed to acquire Canada-based monitoring giant Protectron in a $500 million deal, giving the company another 400,000 customers north of the border. It adds 31,000 accounts, worth approximately $11 million in RMR.The deal is subject to government and regulatory approvals and is expected to close this summer.Protectron's customers are 75 percent residential. The company has four central stations and 900...

ADT, ADT Pulse,, Daniel Demers, Imperial Capital, John Mack, Lee Jackson, Naren Gursahaney, physical security, Protectron

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