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ADT Buys Devcon for $148.5M, Strengthens HOA Niche

In its first deal since spinning off from Tyco Int’l last year, ADT announced this week that it will acquire Devcon Security for $148.5 million, in a deal that will bring in 117,000 accounts and $3.6…


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In its first deal since spinning off from Tyco Int’l last year, ADT announced this week that it will acquire Devcon Security for $148.5 million, in a deal that will bring in 117,000 accounts and $3.6 million in recurring monthly revenue (RMR). Ashley Willis · August 01, 2013

Devcon Security plans to shut down its 23,000-square-foot facility here next month, nearly 18 months after opening the operations center, reports the Dallas Business Journal. August 06, 2012

Winning sales & marketing best practices developed and deployed by installing security contractors across North America highlight the 17th Annual SAMMY Awards. Which companies took home the trophy hardware and what set them apart is detailed here. Takeaway tips and advice abound. June 03, 2012

Joined by many electronic security professionals from throughout North America, SECURITY SALES & INTEGRATION hosted the 17th Annual SAMMY Awards on Tuesday at the Venetian Resort Hotel Casino. March 26, 2012

Three weeks after announcing Richard Ginsburg joined the firm as its new CEO, Devcon Security announced this week that Steve Hafen has now been appointed to the position. March 20, 2012

Industry veteran Richard Ginsburg has been appointed CEO of Devcon Security, which is owned by San Francisco-based private equity firm Golden Gate Capital. March 01, 2012

Devcon Security Services Corp. has added more residential monitoring accounts after acquiring Miami, Fla.-based central station International Monitoring Inc. (IMI) from Tri-S Security Corp. Terms of the transaction have not been disclosed. March 21, 2006

Devcon Int’l Corp., a company that a year ago was solely devoted to construction and concrete services, continued to deepen its entry into the electronic security market after acquiring electronic security services provider Guardian Int’l Inc. and Costal Security Co. November 30, 2005

Devcon Int’l Corp., a company that a year ago was solely devoted to construction and concrete services, continued to deepen its entry into the electronic security market after acquiring electronic security services provider Guardian Int’l Inc. and Costal Security Co. November 15, 2005

October 31, 2005


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