ADS Security (ADS), Nashville, Tenn., is the latest security dealer company to announce the addition of home automation services to its core home security offering.
After months of speculation SDM previously reported on, Vivint, SDM’s Dealer of the Year in 2011, along with 2Gig Technologies and Vivint Solar, has been sold for a price tag of more than $2billion. Todd Pedersen, chief executive officer of Vivint, joins SDM for an exclusive podcast to discuss the details of the acquisition. Plus, Imperial Capital’s Jeff Kessler discusses the details and implications of the transaction and valuation.
Identifying standout performers in the great big pool of talent that is found in the security monitoring industry is no easy task. The unique nature and requirements of a successful central station almost dictate that every operator, support person and manager must go above and beyond the call of duty to ensure the safety of people who suffer alarms, while remaining very conscious of the need to conserve both central station and law enforcement resources during non-actual alarms.
SentryNet, Memphis, Tenn., has several milestones to celebrate in 2012. Along with celebrating 25 years in business and a brand new headquarters and central station in Memphis, the company hosted one of its most successful dealer conferences. SentryCon was held April 24 to 26 at the Marriott Hotel in Memphis, Tenn.
At the close of 2011 fiscal year, SDM reported on an apparent decrease in merger and acquisition (M&A) activity for security dealers and integrators. At the time, however, several industry consultants predicted that the volume of small-to-medium acquisitions would increase significantly in 2012. The end of the second quarter has seen that prediction come true — in spades. Three dealers in the top half of the SDM 100 completed very strategic acquisitions recently, each following a different growth strategy but all presenting a revitalized M&A landscape.
Enhanced services have quickly become one of the security industry’s new buzz phrases. There are strong supporters, those who claim the technology isn’t ready, those who believe they are outside of a security company’s core mission, and many in between.