Security Systems News

AUG 2018

Security Systems News is a monthly business newspaper that reaches 25,100 security installers, product distributors, central stations, engineers & architects, and security consultants. Our editorial coverage focuses on breaking news in all major se

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announcement. "USSA has evolved into one of the leaders in the secu- rity industry over the years and provides a unique suite of security solutions to a wide array of clients across industry verticals. This trans- action aligns with our long-term growth strategy of acquiring scal- able businesses with sig- nificant potential when combined with the Allied Universal platform. I look forward to collaborating with the USSA team to maximize the value that together we will bring to our customers and in identifying new ideas in the security space." Based in Roswell, Ga., USSA has operations in the United States and internationally, with revenues in excess of $1.5 billion. This acquisi- tion is expected to increase Allied Universal's national presence and customer service capabilities and volume 21, number 8 A u G u ST 2018 n $7.00 Commer C ial & Sy S tem S i ntegrator S n Red Hawk purchases SDT in Philadelphia p AG e 14 n EPS Security acquires competitor VTS p AG e 14 m onitoring n Dynamark forms strategic alliance with consulting firm p AG e 18 n COPS promotes Kat Tallman to VP of software development p AG e 18 r e S idential Sy S tem S n Nice S.p.A. acquires FIBARO for $73 million p AG e 20 n Alarm.com launches homebuilder program p AG e 23 Supplier S n Video company Camio has largest enterprise install to date p AG e 24 n Boon Edam continues to grow, build on momentum p AG e 25 n Pivot3 announces large-scale surveillance solution p AG e 27 S tandard S see page 18 allied see page 14 m erger see page 18 STATS Voice control on the rise in the home See page 2 produc TS See the latest in biometrics See page 29 Bold, Perennial merge, both bought by EverCommerce Allied Universal lands USSA in mega-deal By Paul Ragusa CONSHOHOCKEN, Pa. and SANTA ANA, Calif.—Allied Uni- versal, a security and facility ser- vices company based here, on July 16 announced that it has reached an agreement to acquire U.S. Security Associates (USSA) from Goldman Sachs Merchant Bank- ing Division (GSMBD), adding approximately 50,000 employees and bringing the company's employee total to more than 200,000. T h i s t r a n s a c t i o n , which includes the acqui- sition of Andrews Inter- national, the global arm of USSA, is expected to close by late third quarter of 2018, subject to custom- ary regulatory approvals. Terms of the deal were not disclosed. "I am excited to welcome the USSA team to the Allied Uni- versal family," Steve Jones, CEO of Allied Universal, said in the By Spencer Ives COLORADO SPRINGS, Colo.— Bold Technologies, an alarm monitoring software provider, yesterday announced that it has completed a long- planned merger with P e re n n i a l S o f t w a re , which provides busi- n e s s m a n a g e m e n t software in the secu- rity industry. The com- p a n i e s w i l l b e c o m e one, with Bold bring- ing Perennial's line of products, including SedonaOf- fice and AlarmBiller, under its umbrella. To facilitate this merger, Bold and Perennial were acquired by By Paul Ragusa YARMOUTH, Maine—As tech- nology continues to evolve at a rapid pace within security, moni- toring companies and third party standards organizations such as UL are doing their best to under- stand what this means for cen- tral stations today, especially in regard to creating requirements that reflect the current state of innovation within the industry. In March, UL published a proposal to extend the e f f e c t i v e d a t e s f o r two sets of requirements that are new to the eighth edition of UL 827, The Standard for Central Station Services. The proposed effective dates—July 31, 2018 was extend- ed to Jan. 15, 2019 and July 31, 2020 was extended to Jan. 15, 2021—align confirmation of new requirement compliance with UL's annual audit program for monitoring stations. "The new requirements in UL 827 have proven to be quite challenging," Alan Cavers, man- aging engineer of UL's Certificate Service business, said in the announcement of the extended dates. "Our monitoring station customers have made great prog- ress, but in many cases, UL needs one more on-site visit to finish compliance determination. The current mid-year effective dates would require that UL establish separate engineering projects to assure the necessary work is completed prior to the effec- tive date. Those projects would EverCommerce, a multiverti- cal service commerce platform. Perennial was acquired earlier this year in February, with Bold following on June 1. "We are thrilled to bring these two power- house security compa- nies under one umbrel- la at EverCommerce," Matt Feierstein, presi- dent and COO of Ever- Commerce, told Secu- rity Systems News in an email interview. "As a part of this platform, they can take advantage of shared effi- ciencies—financial resources, operational knowledge, and growth expertise—as they look By Spencer Ives DUBLIN—Allegion, a global security provider based here, on July 2 purchased access con- trol company ISONAS, based in Boulder, Colo., which will oper- ate within Allegion's Americas region. "ISONAS solutions are a complementary addition to the Allegion electronic access control product portfolio, and well-suited for the solutions www.securitysystemsnews.com to build their long term growth plans at scale. In addition, in terms of the merger, the syn- ergies between the two com- panies are very exciting. From a market fit, product offering, and even management & opera- tional expertise, these compa- nies are a perfect complement to each other." Bold and Perennial's key man- agement personnel will remain under the new EverCommerce acquisition in new roles. Rod Coles, the CEO of Bold Tech- nologies, will become presi- dent of the newly merged com- pany. Laurie Salim, president of Perennial, is now the VP of allegion see page 24 New tech raising the standards for centrals STATS .......................................2 H o W I u S e m Y SYST em ..........3 S pe CIFICA ll Y S pe AKI n G.......8 Gue ST Commen TA r Y ...........10 ed IT or IA l .............................11 FI ve que STI on S ...................31 d ATA b A n K .............................31 Allegion acquires ISONAS Steve Jones Rod Coles Morgan Hertel September 5-6 Delray Beach Florida Conference Event Event urn over for special offer! The only cloud-centric conference in security Event Guide on page 9!

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