ADS Security Acquires Duncan Security Systems in Nashville
The deal marks the first announced acquisition for ADS since it was acquired by and became a division of Vector Security in June.
The deal marks the first announced acquisition for ADS since it was acquired by and became a division of Vector Security in June.
Vector Security, a 2019 SSI Installer of the Year runner-up, has played an integral part in false alarm reduction efforts through the implementation of ASAP-to-PSAP.
The credit facility will be used for working capital and corporate initiatives, to finance acquisitions and for repayment of existing debt.
Collectively both companies will have close to $20 million in recurring monthly revenue (RMR) and a customer base of nearly 400,000 subscribers.
A customer experience area features products such as control panels, video cameras, doorbell cameras, lights, thermostats, among other smart home devices.
This year, Vector’s annual LPF scholarship program awarded $23,525 in support of continuing education for loss prevention professionals.
Vector Security assisted with the implementation by helping to conduct extensive testing prior to the system going live.
As the first group to go online after a Feb. 26 launch, Vector Security customers in Dauphin County will benefit from improved emergency response times.
The scholarships cover all course and examination fees for retail loss prevention professionals who wish to obtain LPQ or LPC certifications.
The city joins Morgan County as the second agency in Alabama to implement ASAP to automate communication between central stations and 911 centers.
This next installment of the SSI Industry Hall of Fame Webcast Series features Jim Henry, executive vice president of corporate development for Securitas Electronic Security.
The new IEEE 802.3bt standard increases the maximum PoE power available mainly by utilizing all four pairs of the structured wiring.
