Tag: Brink’s Home Security
Devcon 'getting back to core business'
December 28, 2012Martha Entwistle
NEW YORK—At the Imperial Capital Security Investor Conference here on Dec. 13, Devcon's chairman of the board, Christopher Munday, spoke frankly about the company's challenges in the past couple of years—including an ill-fated branch expansion. He confirmed that the company is actively seeking a buyer and shared several operating and financial metrics to support his assertion that the company is on strong footing.In 2010 and 2011, Devcon hired many former Brink's Home Security dealers...
Vivint takes door-knocking rival to court
August 8, 2012Tess Nacelewicz
PROVO, Utah—Vivint is suing another door-knocking company, alleging it has been using false and misleading statements to “slam” or take over Vivint customers.Vivint, based here, filed a lawsuit against Elite Security Systems, an authorized ADT dealer based in Orem, Utah, in Utah state court in June. The case was removed last month to federal court in Utah.Vivint, one the nation's leading home automation, home security providers, claims in its lawsuit that Elite “used deceptive...
Devcon goes national
May 5, 2011Martha Entwistle
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...