Protection 1 was founded in 1988 as an offshoot of the electric company Pacificorp. The company soon merged with Westar Energy and quickly became a popular security company.
The company operates home and business security services, including burglar alarms, video surveillance services, fire alarms, personal alarms, carbon monoxide, flood, and temperature alerts, as well as home automation services. The company has been sold several times over the years, and currently operates as a subsidiary of Prime Security Services Borrower, LLC.
In the early part of 2016, the company acquired one of the largest security service providers in the country, ADT Security Services for $42.00 per share, cash. Once the sale is complete, it is expected that all Protection 1 providers will be rebranded to the ADT name.
Protection 1
Protection 1 was founded in 1988 as an offshoot of the electric company Pacificorp. The company soon merged with Westar Energy and quickly became a popular security company.
The company operates home and business security services, including burglar alarms, video surveillance services, fire alarms, personal alarms, carbon monoxide, flood, and temperature alerts, as well as home automation services. The company has been sold several times over the years, and currently operates as a subsidiary of Prime Security Services Borrower, LLC.
In the early part of 2016, the company acquired one of the largest security service providers in the country, ADT Security Services for $42.00 per share, cash. Once the sale is complete, it is expected that all Protection 1 providers will be rebranded to the ADT name.
History
