Home Security Systems Bakersfield - Secure Your Home with Crosstech Security
Home Security Systems Bakersfield - Visit http://crosstechsecurityinc.com/ Many individuals are hesitant in installing a home security system thinking that i...
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Beefing Up Door Jamb. Learn What Locksmiths Have Known for Years. OnGUARD Door Brace
OnGARD Resists Violent Blows From Kick-Ins, Shoulder Slams and Even a Battering Ram. Nothing is stronger then the OnGARD.www.globalsecurityexperts.com.
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Protect America Home Security Donation to Austin Police Department
In addition to securing homes and businesses across the country, Protect America is committed to getting involved in the community. Home security systems can...
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Protect America Home Security Donation to Austin Police Department - Video
Dropcam Review - Home Security Camer Baby Monitor
Dropcam review of the second generation security camera. For a full Dropcam review checkout http://familysafetyfirst.org/dropcam-wi-fi-wireless-video-monitor...
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Dropcam Review - Home Security Camer & Baby Monitor - Video
By RTT News, March 03, 2014, 07:23:00 AM EDT
(RTTNews.com) - Swiss security products maker Tyco International Ltd. ( TYC ) agreed Monday to sell its South Korean home security unit or ADT Korea, to private equity giant Carlyle Group LP ( CG ), in an all-cash deal valued at about $1.93 billion.
The deal, which is expected to close in the second quarter, is subject to customary closing conditions including required regulatory approval.
"We are pleased to announce the sale of ADT Korea in a transaction that provides value to our shareholders. While ADT Korea is healthy and profitable, this transaction represented a unique opportunity to realize the value generated in the business over time and redeploy it to further enhance our portfolio and maximize shareholder value," Tyco CEO George Oliver said.
The deal is billed as the largest private equity buyout deal in US dollar value in Korea since 2008. The deal also establishes Carlyle's long-term commitment to Korea since the establishment of Carlyle Korea in 1999. Carlyle has already invested more than $920 million of equity in 17 deals in Korea as of December 31, 2013.
The deal includes the sale of Tyco Fire & Security Services Korea Co. Ltd. and its subsidiaries ADT Caps Co., Ltd., Capstec Co., Ltd. and ADT Security Co., Ltd.
The South Korean home security unit, known as ADT Caps was established in 1971. The unit provides central monitoring services, access control, video surveillance, and other integrated security solutions. ADT Korea is expected to generate revenues of about $600 million and annual earnings contribution to Tyco of about $0.20 per share in fiscal 2014.
For the deal, Carlyle has secured committed debt financing from Korea Exchange Bank, Kookmin Bank, Industrial Bank of Korea, Korea Investment & Securities and UBS AG. Equity for the deal will come from Carlyle Asia Partners IV and Carlyle Partners VI.
Sanghyun Lee, Managing Director on the Carlyle Asia Buyout team, said, "ADT Korea is a highly stable and profitable business with attractive market positioning, strong brand power and excellent cash flow profile. We believe the Korean security services industry is under-penetrated, and growing awareness and needs for safety will anchor significant growth in the future."
South Korea is seen as a safe haven for investment by private equity giants as the investors can take full control of the assets, unlike in some other Asian markets where the bids could run into political opposition.
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Tyco Int'l To Sell South Korean Home Security Unit To Carlyle Group For $1.9 Bln
Anti Graffiti Window Films | ScratchGARD
ScratchGARD anti graffiti window films and coatings resist attacks from razors, paint and acid etching. An easy to remove, peel and stick barrier between cos...
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Terry OBrien has security cameras around his home.
The drapes are drawn. Even during the day.
A stop is wedged under the door every night.
Subtle changes in the neighborhood prompt quick calls from his wife to 911. A suspicious man with a flashlight? It was a neighbor walking his dog at night. A suspicious car? It belonged to a painter doing some work at the house next door.
OBrien said life was not always like that.
The past months string of home invasions, some horrifically violent and brutal, have provoked that response.
Such a crime drives that kind of fear into a neighborhood. Into a community. Because unlike a mugging in an alley or a holdup at a drugstore, home invasion strikes where people feel most protected. The sanctity and security of the home is violated.
Victims of home invasions can bear unimaginable grief and pain. The physical and emotional suffering can be profound. The fear can be overwhelming.
But one does not have to be a victim to be afraid. Neighbors can suffer to a degree, too. They sympathize with the victims. They fear for the victims. They fear for themselves.
The risk, experts in psychology and criminal justice say, is letting vigilance cascade into paralyzing fear. People must find a balance or risk being a type of victim themselves.
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Home invasions take big psychological toll
Minecraft Xbox 360-"GhastxL2000 Home Security System"-SIMPLE B.U.D. Switch Tutorial
In this video, we bring you the New GhastxL 2000 Home Security System. It will keep all your stuff safe(kind of). Remember we are bring you SIMPLE tutorials ...
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Link Home Security Keychain Remote
Link Home Security (www.linkhomesecurity.com) offers the latest in self-installed security and home automation systems. This segment describes the benefits, ...
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Link Home Security Keychain Remote - Video
Link Home Security LiftMaster Alarm.com kit
Link Home Security (www.linkhomesecurity.com) offers the latest in self-installed security and home automation systems. This segment describes the benefits, ...
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Link Home Security LiftMaster Alarm.com kit - Video