Tag: Security Services

NASHVILLE, Tenn.—Forging ahead with its planned acquisition strategy, ADS Security has acquired Savannah, Ga.-based Security Services, its second fold-in this year.The company, based here, also plans a larger purchase in a new market this fall and perhaps two more fold-ins too, ADS President and CEO, John Cerasuolo, told Security Systems News.“It's been a really good year for us,” he said. “It's exciting.The purchase of Security Services adds about 1,000 accounts to the approximately...

NASHVILLE, Tenn.—ADS Security has acquired the customer accounts of Georgia-based Security Services, Inc. The super-regional security company announced its most recent purchase on today, saying in a news release that the deal marks another step in its pursuit of growth across the country's southeast."The purchase of Security Services is part of our focus on regional expansion through the acquisition of security companies that have a strong local presence and solid foundation of outstanding...

ARLINGTON HEIGHTS, Ill.—A federal appeals court has upheld a previous court ruling favoring ADT and other alarm companies in a case involving public entities monopolizing fire alarm monitoring.“It's a very positive day for the industry,” Kevin Lehan, executive director of the Illinois Electronic Security Association (IESA), based here, told Security Systems News.In a communication to IESA members, Lehan described the July 31 decision by the U.S. Court of Appeals for the Seventh...

LOUISVILLE, Colo.—Safe Systems Inc., a burglar- and fire-alarm company based here, continues on its course of growth by acquiring Colorado Telemetry Systems, based in Golden, Colo., and Sunair Security Services, based in Aurora, Colo., according to an article from the Boulder County Business Report. Operations from those companies were rolled into the Safe Systems headquarters, including monitoring and billing, and four employees from Colorado Telemetry Systems were brought to work at Safe...