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ADT Finalizes Acquisition of Broadview Security

chaudharymayank

Aug 18, 2010

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America’s #1 home security company, ADT Worldwide, has finalized its acquisition of the #2 security provider, Broadview Security. After Tyco International Ltd. completed the $2 billion transaction this past May, ADT has taken on the 1.3 million Broadview Security (formerly Brink’s Home Security) customers. Naren Gursahaney, President of ADT Worldwide, explains how the acquisition will benefit the company and its customers: “ADT and Broadview are an excellent strategic fit. We have highly complementary product and service offerings, strong sales and marketing organizations and a shared dedication to quality customer service…We expect this combination to result in an even more efficient, more successful ADT.” The unification of the two largest North American security companies places more than 6 million home and businesses under ADT’s protection this year.

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