In his new role, Ritter is responsible for ADS human resources, IT, acquisitions and customer support. He also leads the integration process working with leaders from Vector Security and ADS, as they evaluate the processes and systems that will take the company into the future.
Copp Systems (formerly Copp Integrated Systems) was founded in 1920 by Roy Stanley Copp, an engineer and member of the Dayton Boys, a group of young engineers and students interested in technology. Copp began selling and servicing RCA living room consoles from his Monument Avenue storefront to prominent Dayton families, including the Wrights, Deeds and Ketterings.
Underwriters Laboratories Inc. has concluded its investigation of UL Product Incident Report 2019MS-940, which was requested by Jeffrey Zwirn, president of IDS Research & Development.
Protection Networks, a fire and security company serving the Dallas/Fort Worth/Houston/Austin, Texas and Little Rock, Ark. areas, is changing its name to ProNet to better reflect its corporate identity and continued commitment to providing transformative technologies.
American Defense Systems, a provider of smart home security, automation and surveillance systems to commercial and residential customers nationwide, earned the home service industry’s coveted Angie’s List Super Service Award (SSA). This award honors service professionals who have maintained exceptional service ratings and reviews on Angie’s List in 2019.
Vector Security Inc., a provider of intelligent mobile security and home automation solutions to homes and businesses, along with its Nashville-based ADS Security division, announced the promotion of Craig Leyers to president of ADS.
The 2020 Consumer Electronics Show (CES) took place last week, Jan. 6-9, in sunny Las Vegas, and while most physical security companies save their unveilings for March, when the security industry gathers in the same Sin City for ISC West, CES provided an interesting look at what sort of security products are appealing to the consumer right now — especially in the smart home.
Medical Guardian LLC took part in a $105 million refinancing of its senior credit facility. Imperial Capital LLC served as the exclusive financial advisor, and the refinancing was led by funds advised by Apollo Capital Management LP and its affiliates.
ADT Inc. just announced that it acquired Defenders, its largest independent dealer and only authorized premier provider, for a purchase price of approximately $381 million (based on ADT’s closing stock price of $7.45 on January 3, 2020).
Kirk MacDowell, an executive with a 39-year career in the electronic security industry, has been selected as the new chairman of the board for the Security Industry Alarm Coalition (SIAC). SIAC is the industry’s liaison with law enforcement for dispatch reduction and alarm management issues. SIAC’s model alarm ordinance, developed in conjunction with national law enforcement leaders, is being adopted nationwide.
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