Commercial
Securitas acquires U.S.-based Supreme Security Systems
December 2, 2021SSN Staff
STOCKHOLM—Securitas Electronic Security, the world's leading intelligent protective services partner, has announced it is acquiring Supreme Security Systems, a top 50 alarm monitoring company in the U.S. The purchase price is approximately $20 million.
The acquisition increases Securitas’ service capabilities and client offerings in the northeast U.S. and aligns with Securitas’ ambition to double the size of its security solutions and electronic security business.
Founded...
Alert 360 and My Alarm Center announce merger
December 2, 2021SSN Staff
TULSA, Okla. and NEWTOWN SQUARE, Pa.—Alert 360, one of the largest providers of monitored home security and home automation solutions, and My Alarm Center, a leading provider of technologically advanced security and smart home automation solutions, announced they have entered into a definitive merger agreement.
The combined company creates a leading operator in the highly fragmented smart security industry. Funds managed by Invesco will be the majority owners of the combined business...
ADT Commercial introduces humanoid robotics to security industry
December 1, 2021Cory Harris, Managing Editor
DALLAS—ADT Commercial prides itself on delivering innovative commercial security, fire, life safety and risk consulting solutions for its customer base throughout the United States.
That focus on innovative solutions, even in the midst of the COVID-19 pandemic, has led to ADT Commercial’s recent establishment of its own Innovation Lab, and the lab’s initial endeavor – the introduction of humanoid robotics into the commercial security space.
Dan Bresingham, Executive...
Securitas promotes Tony Byerly and Kevin Engelhardt to key leadership roles
November 29, 2021SSN Staff
UNIONTOWN, Ohio—With the promotion of Tony Byerly to President, Global Electronic Security, and Kevin Engelhardt to President, Securitas Electronic Security, Inc. and Electronic Security Business Leader for North America, Securitas continues to align organizational structures to intensify its focus on their electronic security (ES) and solutions growth strategy.
In Byerly’s expanded role as President, Global Electronic Security, he will lead the global strategy solidifying electronic...
Dunbar leadership says recent acquisition enhances growth opportunities
November 15, 2021Kenneth Z. Chutchian
HUNT VALLEY, Md.—Dunbar Security Solutions’ recent acquisition of Integrity Systems, Inc. has its top officers thinking big. Dunbar was big before the deal was announced in October, but now Chief Operating Officer Andrew Maggio and President/CEO Kevin Dunbar see growth potential and market opportunities that can help their firm better navigate a tricky economy.
“This was our first systems integration acquisition,” said Maggio, noting that the acquisition expands Dunbar’s...
Advanced Security Technologies acquires Premier Security and Fire
November 9, 2021Paul Ragusa, Editor
RIVERSIDE, Calif.—With Advanced Security Technologies’ (AST's) recent acquisition of Premier Security and Fire of Modesto, CEO Bob Ricucci told Security Systems News that AST adds a mostly commercial account base in the “heart of one of our more dense customer areas, featuring many of the same services.” The purchase was financed by Alarm Financial Services (AFS) for an undisclosed amount.
“They were recommended to us through our associate Jim Wooster at...
Convergint acquires Simpson Security Systems
November 8, 2021SSN Staff
SCHAUMBURG, Ill.—Convergint announced the acquisition of Simpson Security Systems, a security systems integrator that provides services across Louisiana, Mississippi, Arkansas, Alabama, and Tennessee. This acquisition further strengthens and expands Convergint’s footprint across the Southeast and Central regions of the United States.
"We've celebrated tremendous growth this past year, and with each acquisition, we remain focused on two things: culture and service. We are honored...
New England craft cannabis farm to deploy Salient Systems’ VMS platform
November 5, 2021SSN Staff
AUSTIN, Texas—Salient Systems, a leader in open architecture video management systems, has announced that its CompleteView VMS, an open platform video management system has been selected by Maine-based Brigid Farm for a multi-state video upgrade project for the company’s cannabis facilities.
With headquarters in Saco, Maine, Brigid Farm is a vertically integrated cannabis firm that has been providing cannabis products for more than a decade. The company has recently expanded its operations...
HiveWatch has big plans backed by big investors
November 3, 2021Paul Ragusa, Editor
LOS ANGELES—With the recent addition of $20 million in growth funding, technology company HiveWatch, led by Founder and CEO Ryan Schonfeld, is in a prime position to support a bold expansion plan that includes doubling its staff and greatly increasing its technology platform within the next year.
The investment is led by former Twitter CEO & COO Dick Costolo and Adam Bain of 01A, with participation from Lachy Groom, Elad Gil, and Penny Jar Capital (a fund anchored by Stephen Curry), joining...
Security Robots on patrol during World Series
October 29, 2021SSN Staff
ATLANTA—Forget the battle between the Braves and Astros, this Saturday afternoon and evening, Robotic Assistant Devices (RAD’s) broad line of autonomous response, and friendly, security robots will be on display at Truist Park here.
RAD’s mobile robot, ROAMEO will be assisting Allied Universal as they secure Truist Park and surrounding areas, making Games 3 and 4 of the World Series a more secure and safe experience for all. RAD’s award-winning ROSA will also be on hand...