Tag: Anatomy of a Transaction
Monitoring contract provision can stand in way of sale
April 4, 2012Tess Nacelewicz
LAS VEGAS—Read the fine print on your contract with your third-party monitoring center. You may find there's a clause buried in it that says the monitoring center has the right to buy your alarm company before you can sell it to somebody else.Such “right of first refusal” language is not in every monitoring contract, but it is in enough of them that Ron Davis, president and CEO of Davis Mergers and Acquisitions Group, warned potential sellers about the problem at an educational...