Tag: Barnes Associates
Barnes Associates, Inc. names Joe Thompson senior VP
January 29, 2021SSN Staff
ST. LOUIS—Barnes Associates, Inc., a consulting and advisory firm specializing in the security alarm industry, announced that Joe Thompson has joined the company as senior vice president (SVP).
Thompson previously served as SVP and portfolio manager for Pacific Western Bank’s activities in the security alarm industry, a position he also held with CapitalSource when it was acquired by Pacific Western Bank. Prior to that he was the chief credit officer of SLP Capital (fka...
GHS gets $50m credit facility
September 9, 2015Amy Canfield
WOODLAND HILLS, Calif.—GHS Interactive Security, a provider of integrated security services for the residential and light commercial end markets, has secured a $50 million credit facility.The funding will be used, in part, to expand into Austin, Texas, Houston and Phoenix this year.GHS currently has accounts in California. The credit facility was led by AB Private Credit Investors.“The recurring revenue nature of the business combined with the high quality of GHS's account origination...
Apollo lands Protection 1, ASG
June 1, 2015Martha Entwistle
NEW YORK—Apollo Global Management is about to take one giant leap into security with its May 19 agreement to acquire Protection 1 and ASG Security.Under the agreement, reportedly $2 billion, the combined companies will operate under the Protection 1 brand, with Protection 1 CEO Tim Whall at the helm.Whall told Security Systems News that given the companies' “like-minded approach to the operations, the combination will be a force in the marketplace."The deal would instantly deliver “both...
Apollo lands Protection 1, ASG
May 20, 2015Martha Entwistle
Apollo Global Management is about to take one giant leap into security with its May 19 agreement to acquire Protection 1 and ASG Security.
Under the agreement, the combined companies will operate under the Protection 1 brand, with Protection 1 CEO Tim Whall at the helm.
Security Systems News reported on the proposed deal last week. Here's that story.
I had a chance to interview Protection 1 CEO Tim Whall, CMO Jamie Haenggi and ASG's CEO Joe Nuccio last night. I was looking for details about how the...
Security investment and finance in '14
December 12, 2014Martha Entwistle
YARMOUTH, Maine—Valuations, at least for smaller security deals, were generally higher in 2014 compared to 2013. That is one area of agreement among three security finance and investment experts who participated in a Security Systems News virtual round table.Participating in this year's round table were: Michael Barnes, founder of Barnes Associates, a consulting and advisory firm that specializes in the security alarm industry; John Robuck, managing director, Security Finance for Capital One's...
Investor speculates on Monitronics outlook
April 23, 2014Leif Kothe
Greater visibility, broader market acceptance and (for some central stations) more wholesale monitoring accounts are just some of the benefits often mentioned in connection with the entrance of cablecos and telecoms into security.
A recent Wholesale Monitoring study by the Barnes Associates (co-sponsored by the CSAA and SSN) largely attributed the 19 percent growth the segment enjoyed in 2013 to the influence of the new entrants. To be sure, there seems to be a prevailing belief that the rangy, big-money...
Readers reflect on cableco/telecom impact on wholesale monitoring space
April 9, 2014Leif Kothe
YARMOUTH, Maine—The fourth annual Barnes Associates/SSN/CSAA Wholesale Monitoring study found the number of monitored accounts was up 19 percent in 2013, a growth figure the authors believe is being propelled by the influx of cablecos and telecoms into the industry.While growth of this magnitude is usually seen as unambiguously good, this wasn't necessarily the case among readers who responded to the latest SSN News Poll. Some readers believe the success of cablecos and telecoms in the alarm...
Barnes Associates wholesale monitoring survey finds accounts up 19 percent
March 12, 2014Leif Kothe
YARMOUTH, Maine—Much can be gleaned from the fourth annual Barnes Associates/SSN/CSAA wholesale monitoring survey, but if anything stands out about 2013, it's that overall growth was gaudy.The wholesale monitoring segment enjoyed a 19.4 percent increase in the number of monitored accounts in 2013, according to a survey led by Barnes Associates, a consulting and advisory firm specializing in the security alarm industry. The survey was co-sponsored by Security Systems News and the Central Station...
Steve Baker, other industry vets launch GHS Interactive Security
May 22, 2013Martha Entwistle
SACRAMENTO, Calif.—Industry veteran Steve Baker, who has served in executive roles at ADT, Monitronics and Westec, announced May 22 that his corporation, GHS Interactive Security, has acquired LifeLine Security and Automation as a platform for growth.LifeLine uses a year-round door-knocking sales model and is formerly one of Monitronics' largest dealers. The company has 60 employees who have remained with GHS. Based here, LifeLine also has an office in Emeryville, Calif. GHS has an office in...
Barnes Associates/SSN wholesale monitoring survey finds accounts up nearly 11 percent in 2012
March 13, 2013Rich Miller
YARMOUTH, Maine—The wholesale monitoring industry posted surprisingly strong growth in 2012, with accounts increasing 10.7 percent and average RMR for alarm companies following nearly in lock step, according to a new survey led by Barnes Associates.The third annual study, co-sponsored by Security Systems News and the Central Station Alarm Association, involved responses from 23 wholesale monitoring companies. It included the biggest players in the industry and added to data tracked since 2007.The...