![]() “This is a great outcome for all parties involved, as this unique transaction structure aligns both the seller’s and the buyer’s interest. Imperial Capital acted as exclusive financial advisor to Protect America in connection with the sale of the company’s assets to Brinks Home Security. “The innovative structure gives the Protect America team confidence in the ongoing support of our customers by the Brinks Home Security organization,” says Scott Fleming, CEO of Protect America. The company’s existing customer base will continue to be served by the Protect America team over the short term enabling a seamless transition. The company provides a comprehensive offering of home security, video, life safety and smart home products. Related: Complete SSI’s Monitoring DEEP Dive Survey for Chance to Win a $25 Amazon Gift Cardįounded in 1992, Protect America is a pioneer of the DIY security alarm monitoring market. Further, the economic interests of the Company and the seller are aligned as both the Company and seller stand to benefit from Brinks Home Security’s award winning and best in class customer service.” “The company will only make monthly earnout payments on active accounts with no payment required for non-pay or non-active customers, thus largely eliminating any related attrition risk. “This transaction fits neatly into our philosophy of acquiring profitable accounts at scale and holding them for life,” says Brinks Home Security Interim CEO William Niles. The company acquired the accounts lien free at closing and, after 50 months, will have no further earnout obligation to the seller. For the remaining 44 months immediately following the initial earnout period, the company will pay Protect America a $25 monthly earnout payment per active account. For the first six months following the closing date, the company will pay a $5 monthly earnout payment per active account. Under terms of the transaction, Brinks Home Security will take ownership of the alarm monitoring contracts at closing through an earnout structure that includes a $15 million upfront payment. Link to Instagram Page Displays the Instagram logo and links to the iSpot.DALLAS - Monitronics Int’l, dba Brinks Home Security, announces the acquisition of approximately 114,000 residential alarm monitoring contracts from Protect America totaling approximately $4.6 million in recurring monthly revenue ( RMR).Link to LinkedIn Page Displays the LinkedIn logo and links to the page. ![]() Link to YouTube Page Displays the YouTube logo and links to the page.Link to Twitter Page Displays the Twitter logo and links to the page.Link to Facebook Page Displays the Facebook logo and links to the page.Save up to $100 on a home security system and get free shipping (expires: )Īdd None have been identified for this spot For a limited time, Brinks Home is offering special savings and a risk-free 30-day trial to give dogs like Buster extra help when guarding the house.īrinks Home System, Brinks Home HD Video Doorbell, Brinks Home Indoor Camera with Night Vision, Brinks Home Brinks Home Security App Brinks Home offers award-winning service by staffing its alarm center 24 hours a day, seven days a week to ensure the appropriate authorities arrive at your home as fast as possible. Though dogs like Buster can be great home defenders, nothing stacks up to a home security system. Marketing Stack Integrations and Multi-Touch Attribution.Real-Time Ad Measurement Across Linear and CTV.There's a Better Way to Measure TV & Streaming Ad ROI Spend □ TV Impressions □ National Impressions □ Local Impressions □ Comments Unlock These Ad Metrics Now National Airings □ First Airing □ Last Airing □ Creatives □ Recently Aired On □ Est.
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