Monitronics International Inc. has successfully emerged from Chapter 11 protection and has merged with Ascent Capital Group Inc., marking the completion of the company’s financial recapitalization.
Today SnapAV, a provider of A/V, surveillance, networking and remote management products for professionals, and Control4 Corporation, a global provider of smart home solutions, announced the successful completion of their merger.
Vector Security (No. 4 on the SDM 100) announced the acquisition of ADS Security (No. 15 on the SDM 100). The transaction officially closed today. Collectively both companies will have close to $20 million in recurring monthly revenue and a customer base of nearly 400,000 subscribers.
SnapAV, a manufacturer and source of A/V, surveillance, networking and remote management products for professional integrators, and Control4 Corporation, a global provider of smart home solutions, today announced that they have entered into a definitive merger agreement stating SnapAV will acquire Control4 in an all cash transaction for $23.91 per share in cash, representing an aggregate value of approximately $680 million.
International Systems of America (ISA) and ABCO Fire Protection (ABCO) announced a merger in August 2018, and they have together now rebranded under one name: Protegis Fire & Safety.
Last year was a big one for security industry mergers and acquisitions. SDM counted at least seven major deals involving security dealers or integrators — as either buyers or sellers.
In past years, December has come to be known here at SDM as “acquisitions month.” As the fiscal year ends and companies endeavor to take advantage of much needed tax breaks, the industry typically is flooded with news of mergers and acquisitions (M&A). In recent recession years, this seemed an indication of the security industry’s resilience and ability to thrive while other industries faltered. However, this December seems quieter than others and we set out to find out why, while the industry continues to do well, merger and acquisition activity is down.
