IASG Expands Alarm Account Portfolio

Published: June 30, 2004

ALBANY, N.Y. — Integrated Alarm Services Group Inc. (IASG), which provides integrated service for alarm dealers, has acquired the alarm portfolio of a Glendale, Calif., alarm contractor.

Alliant Protection Services Inc. is selling the equivalent of 17,400 alarm contracts and other assets to IASG for $14.5 million.

The acquisition is expected to generate nearly $523,000 in recurring monthly revenue.

 

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