Ex-ADT President And PE Firm Pay $200M+ For Alarm Dealer Guardian

Author: Brian Karas, Published on May 31, 2017

Private equity firms are on the hunt for security companies with strong RMR numbers. One such security company, Guardian Alarm, was recently purchased by a private equity group and the former President of ADT, Mike Snyder, for over $200M.

IPVM discussed the acquisition, and plans for the company with Snyder, who is taking the role of Chairman. In this report we share details on the multiple paid, other companies that Snyder sees as attractive acquisition targets, and trends for valuations of security integrator companies.

******* ****** ***** *** ** *** **** *** ******** ********* with ****** *** *******. *** **** ******** *******,******** *****, *** ******** ********* ** * ******* ****** ***** *** the ****** ********* ** ***,**** ******, *** **** $****.

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[***************]

Guardian ***** **********

******** *** ******* ** ****, *** *** **** * ****** owned *** *** ******* ** ***** *** ****** ***********. ****** issues *** *** *******'* ***, ******* ******, ******** *** ****. Pierce *** ******* ******** ** *** ******* ***** ** *** acquisition, ****** ** ****** ***** **-*** **,***** *********, *** ******* ** ** ***.

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******** *** ********* ****** ** *** *** ** ** ****** ***, * **** ** ***** ********* ****** ** ***, *** reported ****'* *** ** $*.** *** * ******** **** ** excess ** ***,*** ********.

Acquisition *******

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Post-Acquisition ***** / *********** *** **** ************

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Compared ** ***** ***** *** ************

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Comments (11)

******* **** *****

****'* *** ****** ******** ****? ***?

******* ** **** ***** ***** ($****+) *** **** *** ********, but ** *** *** *** **** *** *****, ** ** very ********. **** ** *** ** ********* ******, *** *** fact **** ***** *** ********** *** ***** **** **** **** year, ** *** ** *** *** * *** ** ******* to ********* **** ** ********* **** ******.

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******, **** **** !

*'* **** *** ***** ******* ******, ***** ***** ***** *** often ****** **** ** *** ******** ** ***, ***** *** things **** *** ****** *** ********* **** ********** *** ********** (some ** **** ** ******* ** ********** *** ******* ******** *****************).

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* ****** ***** **** ** *** ***** ******-- **-** ** the ****** ***** ****** ***** **** **** **** ******* *** plays ***** *** *** **** ***. ******* ****** *** ******* 32-35. **** *** ** * ****** *** *********** *** ** company *** ***** ***** **** **** ******** **** * *** more ****** ********** ******** ***** *** ****** ********.

*** **** **** ******** *** ********** ******** **** ** *** company? ***** *** *** ******* ** *** ***** ******* ******* of *** *******.

*** ***** ******* *** **** ** *** ********, *** **** the *** ** *** ********* ** *** *** * ***** factor ** *** *********.

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*****. ******* **** ** ********* ***.

********** ***** ********* **** ***** ******** ***** ** ***** ***** could ** ******** ** ** ****** **** ********'* ******* ********.

** **** **** * **** ** **************/******* ** *** ******** and ********** ***** **** *** **** ****** ** *****. ***** this ** *** ********* ** ************** ********* ********** *** ******* industry, ****** ******?

(******** *** ***/*** ****** ***** ** ********** *** ****** ***** of **** **** ** *************)

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