Nortek Inc. has signed an agreement and plan of merger with Melrose Industries PLC to be acquired by Melrose for $86.00 per share in cash — an estimated total enterprise value of approximately $2.8 billion.
Per Mar Security Services, a provider of total security solutions for residential and commercial clients based in Iowa, has acquired Neighborhood Patrol Inc. of Urbandale, Iowa.
Convergint Technologies, a provider of service-based systems integration, announced the acquisition of TACanada. TACanada creates intelligent buildings using open systems that integrate seamlessly, including electrical, mechanical, lighting, security, card access and camera systems.
The Protection Bureau announced the Central Station Alarm Association (CSAA) has renewed its Five Diamond Certification of the company’s monitoring station.
The Electronic Security Expo (ESX), the national trade event for electronic security and life safety professionals, announced Qolsys as the winner of ESX 2016 TechVision Challenge.
Select Security and Mace Security International announced a new partnership to sell self-installed security systems under the Mace brand starting in 2016.
Protection 1 analyzed approximately 6,000 open security cameras across the U.S. and found a disconcerting number of unsecured cameras, creating a significant privacy threat.
Select Security, one of the nation’s largest independently owned electronic security and life safety systems providers, announced a new $55 million senior credit facility with the Goldman Sachs Specialty Lending Group. The facility will be used to retire previous debt and provides funding to execute on an aggressive acquisition plan.
Louroe Electronics, a provider of audio monitoring, will host a live demonstration of its gunshot detection technology for school district officials, law enforcement agencies and other top institutions at the Colonial Shooting Academy in Richmond, Va., on June 23, 2016.
Kastle Systems, a leader in advanced managed security systems and services, announced the launch of KastlePresence, an intuitive Internet of Things (IoT) workplace solution. Controlled by a simple smartphone app, KastlePresence offers a suite of features, including an entirely hands-free mobile access solution, designed to make spaces safer, smarter and more convenient for people who occupy and manage office buildings.
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