Las Vegas Sun

December 4, 2009

Currently: 37° | Complete forecast | Log in

N.Y. company in big Vegas deal

Wednesday, Nov. 26, 2003 | 11:14 a.m.

Integrated Alarm Services Group Inc. of Albany, N.Y., has purchased about 12,000 alarm monitoring contracts, mostly in Las Vegas, from an undisclosed seller.

The company paid $10.4 million for the contracts, which generate about $360,000 a month in revenue, IASG said in a statement. The contracts will be managed from service centers in California, Minnesota and New Jersey, said Joseph Reinhart, a spokesman for the company. IASG has no Las Vegas-area employees, he said.

IASG currently manages security contracts for about 5,000 independent alarm and security system dealers nationwide.

archive

  • Most Read
  • Discussed
  • Most E-mailed

Calendar »

  • 4 Fri
  • 5 Sat
  • 6 Sun
  • 7 Mon
  • 8 Tue