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[2] [4] The company was ranked among SDM Magazine’s top 15 U.S. security system providers as of 2014. [5] In 2012 Protect America expanded into Canada , and had about 400,000 customers . [ 6 ] In 2013 the company had 390 employees, adding 67 jobs that year, the 13th most that year in the state of Texas according to Inc. Magazine. [ 7 ]
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Some forecasts project the home security market as a whole will be worth $47 billion by 2020, [12] with the DIY home security market worth $1.5 billion. [13] While the market for home security is expanding, especially with cable TV and Internet service providers introducing their own security and home automation products, it is a fragmented ...
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In 2014, it acquired the Canadian company Reliance Protectron Security Services from Reliance Home Comfort [16] for a total of Can$555 million. [17] [18] In February 2016, Apollo Global Management acquired ADT for nearly $7 billion and merged it with another home security firm, Protection 1. [19]
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