M&A Deal Summary

ADT Acquires Protection One

On February 16, 2016, ADT acquired safety/security company Protection One from Apollo Global Management

Acquisition Highlights
  • This is ADT’s 6th transaction in the Safety/Security sector.
  • This is ADT’s 3rd transaction in the United States.
  • This is ADT’s 1st transaction in Illinois.

M&A Deal Summary
Date 2016-02-16
Target Protection One
Sector Safety/Security
Buyer(s) ADT
Sellers(s) Apollo Global Management
Deal Type Merger

Target

Protection One

Romeoville, Illinois, United States
website
Protection One is a security provider, protecting residential, business, national account and integrated system customers at millions of locations. Protection One provides installation, maintenance and electronic monitoring of alarm systems to single-family residential, commercial, multifamily and wholesale customers. Protection One was founded in 1988 and is based in Romeoville, Illinois.

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Buyer(S) 1

Buyer

ADT

Boca Raton, Florida, United States

website

Category Company
Founded 1874
Sector Safety/Security
Employees22,000
Revenue 6.4B USD (2022)
DESCRIPTION
ADT's corporate headquarters in Boca Raton, Florida.
ADT's corporate headquarters in Boca Raton, Florida.

ADT is a provider of security and automation solutions for homes and businesses in the United States and Canada. ADT's broad and pioneering set of products and services, including ADT Pulse® interactive home and business solutions, and health services, meet a range of customer needs for today’s active and increasingly mobile lifestyles. ADT was incorporated in 1874 and is based in Boca Raton, Florida.

DEAL STATS #
Overall 6 of 23
Sector (Safety/Security) 6 of 16
Type (Merger) 2 of 2
State (Illinois) 1 of 1
Country (United States) 3 of 20
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-30 Reliance Protectron

Montreal, Quebec, Canada

Reliance Protectron sells, leases, installs, monitors and maintains alarm systems for residential and commercial subscribers and provides third-party monitoring services for smaller alarm installers. Reliance Protectron markets its alarm systems through a corporate sales force and a network of authorized agents and dealers. The company operates monitoring stations in Montreal, Quebec City and Ottawa.

Buy CA$555M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-09 Protec

Portland, Oregon, United States

Protec, Inc. is an electronic security company provides commercial security system integrators in the US Pacific Northwest. Protec is uniquely qualified to handle 100% of your commercial and institutional electronic security, fire, and video system needs.

Buy -

Seller(S) 1

SELLER

Apollo Global Management

New York, New York, United States

Investor Investor Investor Investor Investor

website

Category Asset Manager
Founded 1990
PE ASSETS 45.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Apollo Global Management is a global alternative investment firm. The Firm segments its activity between private equity, capital markets, real estate, and publicly traded investment funds. Within private equity, Apollo targets traditional buyouts, distressed situations, as well as minority investments to help companies make acquisitions or fund other needs. Sectors of interest include chemicals, commodities, consumer/retail, distribution, transportation, financial services, business services, manufacturing, industrial, media/cable/leisure, packaging, and satellite/wireless. Apollo's geographic coverage spans Europe, North America, and Asia. Apollo manages publicly traded Apollo Investment Corporation, which provides equity and junior capital to middle-market companies, as well as Apollo Commercial Real Estate Finance, Inc. Apollo Global Management was formed in 1990 and is based in New York City.

DEAL STATS #
Overall 22 of 65
Sector (Safety/Security) 1 of 2
Type (Merger) 2 of 8
State (Illinois) 3 of 4
Country (United States) 17 of 49
Year (2016) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-16 ADT

Boca Raton, Florida, United States

ADT is a provider of security and automation solutions for homes and businesses in the United States and Canada. ADT's broad and pioneering set of products and services, including ADT Pulse® interactive home and business solutions, and health services, meet a range of customer needs for today’s active and increasingly mobile lifestyles. ADT was incorporated in 1874 and is based in Boca Raton, Florida.

Buy $15.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-03 Pegasus Optimization Managers

College Station, Texas, United States

Pegasus Optimization Managers LLC is a natural gas contract compression and solutions provider. Its focus areas include the Marcellus/Utica, Eagle Ford, Permian, and Niobrara shale plays. Pegasus provides turnkey contract compression services, third-party equipment operations, construction project management, and other natural gas services. Pegasus Optimization Managers is based in College Station, Texas.

Buy -
Mergr

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