AlarmQuest Acquires 360 Security & Sound

AlarmQuest Acquires 360 Security & Sound | #TpromoCom #Security #AlarmQuest #Acquisition | North Carolina-based AlarmQuest has purchased the client accounts of 360 Security & Sound. Founded in 2005 and based in Winston-Salem, North Carolina, 360 provides both residential and commercial security (sdmmag). https://bit.ly/2TGUkRb

With offices in Winston-Salem and Statesville, North Carolina, AlarmQuest is an independently owned commercial and residential security alarm business servicing customers throughout the southeast.

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My Alarm Center Files for Bankruptcy to Reorganize, Eliminate Debt

My Alarm Center Files for Bankruptcy to Reorganize, Eliminate Debt | #TpromoCom #Security #SDM #Reorganization #Bankruptcy | My Alarm Center, a provider in home security, announced that 100 percent of its senior lenders and other key stakeholders have agreed to support the company’s prepackaged plan of reorganization under Chapter 11 of the U.S. Bankruptcy Code. https://bit.ly/32WBXJi

The reorganization provides for elimination of approximately $235 million of legacy debt obligations. This will allow the company to focus on core competencies without the burden of servicing significant debt levels. (read more)

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The State of Access Control After 2020 With An Eye Ahead

State of the Market: Access Control | #TpromoCom #AccessControl | The world of access control is changing fast, and for those who can keep up, the future is bright. (SDM) https://bit.ly/3d5zsKI

It’s amazing how much can change in a year. Last year’s state of the market report on access control was released at the beginning of April, just as the coronavirus started to spread throughout the U.S., and much of the research that went into the report was done before COVID-19 was a real concern.

And though 2020 certainly brought a lot of uncertainty, it did not have the negative impact on the access control market that many may have expected. (read more)

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