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.
What began as a collective effort on the part of eight forward-thinking security industry leaders on a cold night in 1949 has grown and evolved over seven decades to become The Monitoring Association (TMA), the internationally recognized non-profit trade association that represents professional monitoring companies, security systems integrators and providers of products and services to the alarm industry.
The deadline for The Monitoring Association’s (TMA) Wage and Salary Survey has been extended to Feb. 28. Companies from across the security industry are invited to participate in this year’s survey — from security dealers and systems integrators to monitoring centers. There is no fee for participation.