Pax8 Launches European Cloud Distribution Bid With Wirehive Acquisition
‘I don’t believe anyone is delivering on PSA integrations the way Pax8 intends to,’ says Pax8 Chief Revenue Officer Nick Heddy of the company’s entry into the European Union. By O’Ryan Johnson January 05, 2021, 05:25 PM EST
Pax8 is launching an expansion into the European Union with the acquisition of a U.K.-based consultancy, as the Wingman experience prepares to go toe to toe with about 40 other distributors for dominance in the old world, company executives told CRN.
“We gave a lot of thought to how we came into the market,” Pax8 Chief Revenue Officer Nick Heddy told CRN. “A lot of times you see these big, bad American companies come in to the EU and say, ‘We’re here. You’re welcome.’ We are not wanting to take that strategy.”
Press release content from Business Wire. The AP news staff was not involved in its creation.
Brinks Home Security Announces Bulk Buy of Residential and Commercial Alarm Monitoring Contracts
January 5, 2021 GMT
DALLAS (BUSINESS WIRE) Jan 5, 2021
Monitronics International, Inc., which operates as Brinks Home Security ® has acquired approximately 30,000 residential and small business and 8,000 commercial alarm monitoring customers from Select Security.
“We are excited to welcome these Select Security customers to the Monitronics and Brinks Home Security customer family,” said Brinks Home Security Chief Executive Officer William Niles. “Our number one priority is protecting what matters most for our customers and we look forward to showing our new customers what award-winning smart home security feels like.”
Press release content from Business Wire. The AP news staff was not involved in its creation.
PPG to Acquire Coatings Manufacturer VersaFlex
January 5, 2021 GMT
PITTSBURGH (BUSINESS WIRE) Jan 5, 2021
PPG (NYSE:PPG) today announced that it has reached a definitive agreement to acquire VersaFlex, a manufacturer specializing in polyurea, epoxy and polyurethane coatings for water and waste water infrastructure, flooring, transportation infrastructure, and industrial applications. VersaFlex is a portfolio company of DalFort Capital Partners. The transaction is expected to close in the first quarter of 2021, subject to customary closing conditions. Financial terms were not disclosed.
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“VersaFlex’s attractive segment mix with strong growth outlook, unique product offering, broad expertise, and manufacturing capabilities in polyurea and flooring coatings will complement and expand upon PPG’s current product offering,” said Ram Vadlamannati, PPG senior vice preside