Simplisafe, the competitor alarm monitoring companies historically most love to hate, has been acquired by a mega private equity firm for a $1 billion valuation.
Inside this note, we examine:
- Why this will make Simplisafe an even tougher competitor to the industry for the next few years.
- What the enormous effective RMR valuation of Simplisafe was in this deal
- How Simplisafe's valuation and outlook contrasts to ADT
- Whether Amazon or Simplisafe is the biggest threat to the alarm monitoring industry