Tyco Int’l has purchased Winner Security Services LLC, a franchisee of Sensormatic Electronics Corp. with operations in Pennsylvania and Delaware, for $90 million.
The franchise was originally granted by Sensormatic more than 40 years ago, prior to Tyco’s acquisition of Sensormatic in 2001. Under the original agreement, Winner had rights to sell, install and service certain Sensormatic products and collect commissions in areas where it operated.
Sensormatic’s retail loss prevention solutions are sold through ADT Security Services and other Tyco partners.
