As one of the last in-person shows to take place back in February, the first annual SecurityNext conference is the last memory I have of feeling the excitement and intimacy of being right there and rubbing elbows with so many industry leaders and p
YARMOUTH, Maine—At this point in the global pandemic, unemployment is soaring; furloughs are plenty; some businesses are no longer in existence; and according Bloomberg Economics’ model, chance of recession in the U.S. now stands at 100 percent.
ST. LOUIS and PLANO, Texas—Interface Security Systems on Aug. 3 announced the completion of a $600 million refinancing for a new capital structure that will facilitate strategic growth and expansion, with substantial contributions of new growth equity capital of $125 million from SunTx Capital Partners and Prudential Capital Partners.
FOSTER CITY, Calif.—The cloud’s benefits to end users, dealers and integrators will lead to more funding for M&A, according to John Mack EVP, co-head of investment banking and head of mergers and acquisitions, Imperial Capital.
There’s been a lot of talk about cloud services and managed services proliferating in the security industry, but “to a large degree it has been a head fake,” according to John Mack, EVP and co-head of investment banking at Imperial Capital
GLENVIEW, Ill.—Today, Anixter International announced that it will acquire Tri-Ed for $420 million, so now Tri-Ed, which had aspirations to become a "billion dollar distribution business," will be part of a $1.7 billion security distribution company.
ST. LOUIS—Interface Security Systems, an integrator that offers physical security with managed network solutions in a bundled service, has raised $115 million to fund growth that includes adding an important new retail customer.
