ALBANY, N.Y. — Alarm services provider Integrated Alarm Services Group Inc. (IASG) has acquired a portion of the account portfolio of Tempe, Ariz.’s ProAlert LLC and Firstline Security Inc. of Orem, Utah. The accounts, purchased during the past month, are the equivalent of 12,100 alarm contracts.
ProAlert, formerly known as Phoenix Alarm, has been operating under Chapter 11 bankruptcy protection since September 2003. IASG Chairman and CEO Timothy McGinn said of the ProAlert acquisition that it represented another step in his company’s growth plans.
The monitoring of the ProAlert accounts will be transferred to IASG’s National Alarm Computer Center (NACC) central station in Irvine, Calif. IASG, based in Albany, N.Y., acquired the assets of NACC from Tyco in October. The Firstline accounts will be monitored by IASG’s Manasquan, N.J., central station.
