Tag: advanced services
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,...
