Red Hawk makes two acquisitions

2 months 2 weeks ago
Deals expand company’s footprint and capabilities in key areas Spencer Ives Monday, February 13, 2017

BOCA RATON, Fla.—Red Hawk Fire & Security LLC, a leader in fire, life safety and electronic security services based here, acquired two companies within a week, expanding its geographic footprint and capabilities in key areas of Florida and the mid-Atlantic region. Terms of both transactions were not disclosed.

On Jan. 31, Red Hawk acquired Integrated Systems of Florida, strengthening the company’s existing fire, life safety and integrated security services operations in Central and North Florida.

General Security acquires New York Merchants Protective

2 months 2 weeks ago
Purchase expands General’s presence in New York Spencer Ives Monday, February 13, 2017

PLAINVIEW, N.Y.—General Security, a full-service security company based here, recently acquired New York Merchants Protective Co., based out of New York City, adding 3,500 accounts.

“We were interested in doing a little more business in Manhattan and [the acquisition] certainly did that. It opened up a new group of customers to us,” Peter Allen, general manager for General Security, told Security Systems News. The acqusition closed Nov. 3, 2016, he said.

Paladin Security merges with top Canadian integrators

2 months 2 weeks ago
Deal brings increased capabilities to fast-growing company Paul Ragusa Wednesday, February 8, 2017

BURNABY, British Columbia—Paladin Security, a full-service guarding company and security systems integrator based here, on Feb. 1 merged with two integration companies in Canada—Marcomm Systems Group Inc. (MSGI) and CONTAVA Inc.—creating one of the largest system integration companies in the country. Both deals are shared purchase agreements.

Although Paladin has a very strong presence on the guarding side, over the last few years the company has really started to grow aggressively on the electronic security side, according to Ted Reid, president & CFO of Paladin Security Systems Ltd.

IHS weighs in on CES 2017 trends

2 months 3 weeks ago
Smart home evolves, presents more use cases Spencer Ives Wednesday, February 1, 2017

LAS VEGAS—At this year’s Consumer Electronics Show, the smart home became more refined, according to IHS, presenting more use cases to dealers and consumers.

Blake Kozak, IHS’ principal analyst for smart home and security technology, told Security Systems News that this year’s CES built off of previous years’ announcements and technologies. “Maybe last year, and the year before, you’d see these providers coming out with thermostats and things like that. … But now, you’re seeing those thermostats being integrated into more platforms and there’s more use cases.”

Essence notes trends from 2016, makes predictions for 2017

3 months 4 days ago
Dealers will find additional revenue streams by harnessing analytics, company says Spencer Ives Tuesday, January 24, 2017

TEL AVIV, Israel—Smart home device provider Essence made some predictions about 2017’s landscape for the Internet of Things.

The company highlighted voice recognition, new business models, and enhanced user experience as positive trends in 2016. Essence also pointed out negative trends in the year, such as interconnectivity issues and cybersecurity problems.

Enterprise Fire & Security relocates due to rapid growth

3 months 1 week ago
Company completes branding transformation Paul Ragusa Friday, January 20, 2017

WAUKESHA, Wis.—After 12 years in a small office in Delafield, Wis., commercial integrator Enterprise Fire & Security has relocated to 3,500 square feet of office space at the Westbrook Business Center, based here, to accommodate the company’s rapid growth.

“It is a bigger location, more centrally located closer to the metropolitan Milwaukie area, and more convenient all around for access to customers and for employees to get to,” Christen Austad, company president, told Security Systems News.

Interface Security remodeling command center in Texas

3 months 1 week ago
Facility expanding to meet growth in business and company Paul Ragusa Wednesday, January 18, 2017

EARTH CITY, Mo.—Interface Security Systems Holdings, Inc., a national provider of cloud-based managed network services and security systems for retail, commercial and small business customers, is remodeling its command center in Plano, Texas, to meet the expanding needs of its growing clientele.

Pref-Tech opens second facility

3 months 1 week ago
Company will use new facility as ‘template’ for future expansion Spencer Ives Wednesday, January 18, 2017

HOUSTON—Preferred Technologies, an integrator based here that does network infrastructure as well as security, recently opened its second facility in Austin, Texas.

“We’re excited to be expanding, and it’s part of a much larger plan we have for growth within Pref-Tech,” Terry King, Preferred Technologies’ GM, told Security Systems News.

American Alarm acquires Atlas Alarm

3 months 2 weeks ago
Company expects to break $40 million and 30,000 account milestones this year Spencer Ives Friday, January 13, 2017

ARLINGTON, Mass.—American Alarm and Communications, a regional full-service security provider based here, yesterday announced that it acquired 3,000 accounts from Atlas Alarm Corp., a fire alarm and life-safety systems provider based in Weymouth, Mass.

“One of the things that is a really good fit is [the deal] strengthens the company’s fire alarm capability,” Wells Sampson, American Alarm’s president, told Security Systems News.

Titan Alarm finishes year strong with third acquisition

3 months 2 weeks ago
Company hopes to surpass $200K in RMR by Q2 Paul Ragusa Wednesday, January 11, 2017

PHOENIX—Titan Alarm, a security, access, fire and surveillance company based here, made its third acquisition of 2016, finishing the year strong with the purchase of accounts and RMR of Arrow Security Design LLC, a Scottsdale, Ariz.-based company owned and operated by Ray Millazo, who is retiring after more than 30 years in the industry.

Although the deal closed on Sept. 30th, 2016, the acquisition wasn’t announced until December. Financial details were not disclosed.

Titan CEO Mike Proudfit said that he was thrilled to be able to work with Millazo, and add accounts within Titan’s home turf.

ADS kicks off 2017 with an acquisition

3 months 3 weeks ago
Company had record year for acquisitions and organic growth last year Spencer Ives Thursday, January 5, 2017

NASHVILLE, Tenn.—On Jan. 3 ADS announced its first acquisition of 2017: Falcon Fire Systems, based out of Summerville, S.C.

“We’re very encouraged by the success we’ve had in our commercial fire business, and the strong partnership we have with Honeywell has been a key factor in that growth,” John Cerasuolo, ADS Security CEO, told Security Systems News.

Falcon Fire Systems’ will become ADS’ 22nd branch office. The company is bringing on eight employees, including former owner Tim Cooney. Cooney is a 30-year veteran of the industry as well as board member and past-president of the South Carolina ESA.

Sentry Security Solutions secures funding

4 months 1 week ago
Credit will help commercial-heavy company expand resi business, continue growth Paul Ragusa Wednesday, December 21, 2016

BURLESON, Texas—Sentry Security Solutions, a business and residential security provider based here, recently secured a multi-million dollar loan commitment with RMR Capital Group.

Sentry Security Solutions’ president Nick McAmis said that although the company has had success self-funding for its first three years in business, the financing from RMR Capital will help to accelerate organic growth, explore the possibility of acquisitions, and attract new talent. The financial terms of the deal were not disclosed.

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