Tag: Barnes Buchanan Conference

ARLINGTON HEIGHTS, Ill.—Video verification will be the focal point of a May 15 meeting of the Illinois Electronic Security Association, according to a statement from the organization, based here. The discussion will feature Keith Jentoft, liaison for the Partnership for Priority Video Alarm Response (PPVAR), which has made a recent push to bring video verification to the mainstream burglar alarm market, the statement said. Meeting attendees will be able to share their opinions and positions...

Protection1 announced on Monday that it has acquired Camtronic Security Integration of Wilmington, N.C. I'm scheduled to do an interview with Protection1's Jamie Haenggi, who is on the road, so I'll have more in a story later this week. From the press release, it's the national accounts that attracted P1 to this buy. After he took over P1 in 2010, CEO Tim Whall said national accounts would be a priority.  Last fall, Haenggi spoke to us about Pro1's national accounts research Judging by its web...

CHARLOTTE, N.C.—In what it says is the “largest video monitoring contract in history,” Iverify at the end of April announced it won a five-year contract valued at $39 million to provide guard replacement and shrink-reduction services to 529 Family Dollar stores, nationwide. Iverify president Mike May said Iverify brought big savings to the table for the Family Dollar. "[They are] using a robust application that uses Cernium analytics for location-based risk assessment that triggers...

HOLLYWOOD, Fla.—There's a new national player in the home security market—Devcon Security. Over the past seven months, Devcon has quietly transformed from a super-regional with nine branches to a company with a national footprint and more than 50 branches across the country. Devcon has nearly doubled its employee headcount—going from 450 last October to 785 today. It opened a 100-employee, 23,000 square-foot national operations center in Irving, Texas, and hired top talent across...

IRVING, Texas—A new Barnes Associates study shows that alarm companies that specialize in vertical markets within residential security are likely to have a greater return on investment when it comes time to sell. “We analyzed more than 120 transactions over the past 10 years (those involving $100,000 to $10 million of RMR) and looked for correlations across a number of variables [including size, metrics and operational focus],” Michael Barnes told Security Systems News. Barnes,...

SCHAFFHAUSEN, Switzerland, and IRVING, Texas--ADT's parent company, Tyco International, announced this week that it will acquire Broadview Security, formerly Brink's Home Security, for $2 billion. The exact multiple paid for the transaction appears to be in the mid 40s, though discussions continue on that topic. Tyco plans to combine Broadview with its ADT security business, the largest alarm company in North America. Broadview Security will be rebranded under the ADT name. This will be the second...