Effective immediately, the company’s board of directors has named William Niles, Brinks’ chief transformation officer and general counsel, as interim chief executive officer.
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.
Ascent Capital Group Inc. announced that its wholly owned subsidiary, Monitronics International Inc., entered into a restructuring support agreement with its largest creditors that will eliminate approximately $885 million in debt. Monitronics operates in the market as Brinks Home Security and is ranked as No. 3 on the 2019 SDM 100.
Monitronics, Dallas, the nation’s second-largest residential security provider, announced today that it has selected Redwood City, Calif-based Icontrol Networks, for a partnership that will add powerful new products and services for Monitronics’ network of more than 600 authorized dealers.
On Feb. 23, Monitronics International Inc., Dallas, acquired LiveWatch Security, LLC, Evanston, Ill., a Do-It-Yourself (DIY) home security provider offering interactive and home automation services for approximately $67 million.
Monitronics, located in Dallas, is the first company in the security industry to partner with Mission 500 to support the organization’s Children Fleeing Violence Project. The effort is dedicated to providing protection and basic resources for tens of thousands of children from Central America who are traveling unaccompanied to the United States to escape gang violence and high levels of poverty in their home countries. The majority of the children are stalled at the border in their search for safety as authorities decide how to proceed.
Power Home Technologies celebrated 75,000 customers installed and their 10-year anniversary. Out of the 75,000 installs, more than half of those customers have been installed since Power Home Technologies became a Monitronics authorized dealer in 2011.
For the third consecutive year, Monitronics International Inc. is the recipient of the Consumers’ Choice Award for excellence in business and customer service among Dallas-Fort Worth headquartered alarm system companies.
Monitronics was awarded the 2013 Annual Police Dispatch Quality (PDQ) Award from the Security Industry Alarm Coalition (SIAC) and the False Alarm Reduction Association (FARA) at the Electronic Security Expo’s 2014 Icebreaker Luncheon held on June 24, 2014 at The Music City Center in Nashville, Tennessee.
Monitronics’ Dallas-based monitoring center has added electronic dispatch communication with Washington, D.C. and Tempe, Ariz
May 20, 2014
The Monitronics Alarm Response Center is a charter member of ASAP, a collaborative effort with police departments to exchange dispatch information electronically and reduce dispatch time from 3 to 4 minutes to a matter of seconds.
