YARMOUTH, Maine—The smart home is a strong force in the industry, leading Security Systems News to ask its readers how the technology fits into customers’ priorities. Responses were pretty evenly split between whether customers prioritize security, the smart home, or a mix of both.
BURLESON, Texas—Sentry Security Solutions, a business and residential security provider based here, recently secured a multi-million dollar loan commitment with RMR Capital Group.
YARMOUTH, Maine—Traditional security companies like LOUD Security and Select Security have been looking at expanding their offerings with DIY. Most respondents to Security Systems News’ latest poll said DIY gives companies access to more streams of revenue and new markets.
YARMOUTH, Maine—Industry consolidation will accelerate this year with two megamergers—the Tyco/JCI deal and the ADT/Protection 1 merger—expected to close by the end of 2016. Does this activity help or hurt the industry? Respondents to Security Systems News’ latest news poll who said massive consolidation is good just barely edged out those who said these megadeals hurt the industry. Meanwhile, another group of respondents said they have other things to worry about.
YARMOUTH, Maine—Private equity has a foothold in security, owning companies like Vivint, Protection 1 and CSG Security, but how does the industry really feel about private equity? Security Systems News’ latest poll showed that half of respondents have worked with private equity and most would consider selling their business to a PE group.
YARMOUTH, Maine—The recession shows signs of letting up and there are better times to come in 2015, Security Systems News’ readers said in response to this month’s NewsPoll.
