News From General Alarm, NACC, Integrated Alarm Services Group, Potter, AMSECO

Indianapolis Contractor Celebrates 40 Years in Business
More than 200 gathered at the Columbia Club in Indianapolis on Sept. 23 to celebrate the 40th anniversary of local alarm contractor General Alarm including the presentation of a proclamation by Marion County, Ind.’s head prosecutor honoring the alarm firm.
General Alarm CEO Lisa Prosser hosted the event 40 years after her father Sam Phillips founded the company.

Tyco Sells Assets of NACC to Integrated Alarm Services Group
Tyco Int’l has sold most of the assets of alarm monitoring company National Alarm Computer Center Inc. (NACC) to Integrated Alarm Services Group Inc. (IASG) of Albany, N.Y. Among the assets purchased in the $50 million deal are NACC’s alarm monitoring center in Irvine, Calif., and its subscribers, as well as a portfolio of secured loans to alarm dealers totaling approximately $29 million.
IASG says details of the transaction, including status of the NACC name and the effect on NACC’s customers, will not be revealed until the expected close of the sale sometime in mid-November.

Potter Picks Up Equipment Manufacturer AMSECO
In a marriage of fire-signaling device and security equipment manufacturers, American Security Equipment Co. (AMSECO) and the U.S. division of Japan’s Kobishi Electric Co. have been purchased by St. Louis-based Potter Electric Signal Co.
Terms and many of the details of the transaction have not been disclosed.
AMSECO, based in Carson, Calif., entered the U.S. market in 1977 as part of the newly formed Kobishi America Inc. and was one of the first to manufacture selectable candle strobes for fire alarm systems.
Potter has an even longer history, starting in 1898 and producing a variety of products for the fire protection, security, boiler/chiller and industrial control industries. Its specialty is fire sprinkler systems.

If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!

Security Is Our Business, Too

For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add sales to your bottom line.

A free subscription to the #1 resource for the residential and commercial security industry will prove to be invaluable. Subscribe today!

Subscribe Today!

Get Our Newsletters