The market values and trades on the recurring monthly revenue (RMR) of a customer base, but there are a number of definitions and business systems used to classify and document that RMR.
When CEO Tim Whall and GTCR turned Chicago-based Protection 1 back into a private company, they had a couple of goals: to leverage its existing national footprint and build up all its channels, specifically national accounts.
ADS Security (ADS), Nashville, Tenn., acquired the customer accounts of Advanced Electronic Solutions of Opelika, Ala. and Guardian Security of Decatur, Ala. These purchases further ADS’ pursuit of growth across the Southeast.
On February 14, 2014 as SDM previously reported, Illinois Representative Timothy L. Schmitz (R) introduced House Bill 5683 (HB5683), an amendment to the Fire Protection District Act to allow the adoption of ordinances regulating the supervision and monitoring of fire alarm systems maintained within a district.
Louisiana is the latest state to approve the Electronic Security Association’s (ESA) newest fire certification, Certified Fire Alarm Designer — Level III (CFAD), as an acceptable form of education to meet the requirements for fire alarm contractors in the state.
With new players such as AT&T, Comcast, Verizon, Cox and, potentially, Google, as well as a do-it-yourself market, which some think is growing three times as fast as the professionally installed market, who wouldn’t consider security an attractive market and wonder, Who are the winners going to be?
Little Rock, Ark.-based 1st Response Security is the latest company to join the ranks of Honeywell’s Authorized Dealer for Commercial Security Systems (CSS) program.
Vector Security, based in Pittsburgh, has launched a hosted video solution to provide its commercial and residential customers with an alternative to conventional analog cameras that offers HD image capture and mobile access to real-time IP video.
The AiN Group announced at its 2014 Live & Learn Conference that it is rolling out a new national program that gives its dealers the opportunity to install security and consumer electronic systems in homes built by some of the largest home builders in the country.
