Iverify, a provider of real-time remote security monitoring services, and Trans Alarm Security Services, a provider of life safety and property protection solutions, announced a merger resulting in one of the most comprehensive security product and service suites in the industry. Additionally, Securitas, announced it has made a minority investment in Iverify, which will result in an ownership position in the combined operations of Iverify and Trans Alarm.
Sean Forrest, current chief executive officer (CEO) of Iverify, will remain chief executive of the combined firm, and Steve Champeau, CEO of the former Trans Alarm, will be president of the new organization.