NEW YORK—Apollo Global Management, a $163 billion private equity group, is in talks to acquire Protection 1 and ASG, with the goal of combining the two companies, a source close to the deal told Security Systems News.
VIENNA, Va.—Pamela J. Petrow, president and CEO of Vector Security and newly named president of CSAA International, has set her sights on changing the association’s image, improving value for members and increasing member involvement.
BELTSVILLE, Md.—Super-regional ASG Security started 2015 with the acquisition, announced today, of Fleenor Protective Systems, a Knoxville, Tenn.-based full-service security company.
YARMOUTH, Maine—Home automation gadgets coming out of the 2015 Consumer Electronics Show are interesting, but discretion might be needed before some go too far, according to Security Systems News readers responding to our latest NewsPoll.
GRAPEVINE, Texas—Sales of a new device that can affordably turn existing home smoke detectors into monitored smart smoke detectors have surpassed 200,000 units in just a few months and more orders are pouring in, according to the manufacturer, Encore Controls, a startup co-founded by Lance Dean.
BELTSVILLE, Md.—ASG Security has acquired a “platform for hyper-growth” with the Jan. 31 acquisition of National Alarm Systems of Fort Lauderdale, Fla., a buy that will propel the super-regional to $10 million in RMR by the end of 2014, Joe Nuccio, ASG CEO, told Security Systems News.
