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Read: Brinks Home Security Announces Intent to Deregister Common Stock

Brinks Home Security Announces Intent to Deregister Common Stock

Monitronics says it is deregistering because it believes public company reporting requirements have no discernable benefit to the company.

Read: Brinks Home Security Inks Long-Term Deal With Largest Dealer, Skyline Security

Brinks Home Security Inks Long-Term Deal With Largest Dealer, Skyline Security

With a nationwide footprint, Skyline has one of the largest door-to-door sales organizations in the smart home security industry.

Read: Brinks Home Security Q3 Performance Crimped by COVID-19

Brinks Home Security Q3 Performance Crimped by COVID-19

During the quarter ended Sept. 30, the company added 17,111 customers, compared to 21,228 accounts for the same period in the prior year.

Read: Brinks Home Security Settles Lawsuit With Edge Home Security

Brinks Home Security Settles Lawsuit With Edge Home Security

The case, which was filed in Federal Court in North Carolina, centered on deceptive sales practices by Utah-based Edge Home Security.

Read: Brinks Home Security Names William Niles as Permanent CEO

Brinks Home Security Names William Niles as Permanent CEO

Niles joined Brinks Home Security in September 2019 as executive vice president and general counsel, and was named interim CEO in February.

Read: Monitronics Interim CEO Details ‘Rapid Reset Program’

Monitronics Interim CEO Details ‘Rapid Reset Program’

William Niles discusses the company’s strategy to return to profitability after a years-long battle contending with hefty debt and high attrition.

Read: Monitronics Reports Improved 2nd Quarter Earnings

Monitronics Reports Improved 2nd Quarter Earnings

During the three and six month periods, Monitronics added 9,808 and 21,705 subscriber accounts, respectively, through its dealer channel.

Read: Brinks Home Security Acquires 114K Accounts From Protect America

Brinks Home Security Acquires 114K Accounts From Protect America

The company will take ownership of the residential contracts at closing through an earnout structure that includes a $15 million upfront payment.

Read: Brinks Home Security CEO Steps Down, Interim Named

Brinks Home Security CEO Steps Down, Interim Named

Jeff Gardner has stepped down from his position as CEO of Brinks Home Security. Chief Transformation Officer William Niles will take over on an interim basis.

Read: Monitronics Reports 3rd Quarter Earnings Results

Monitronics Reports 3rd Quarter Earnings Results

Adjusted EBITDA totaled $62.5 million and $204.5 million in the three and nine months, respectively, compared to $71.3 million and $213.5 million in the prior year periods.

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