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Smith & Wesson cuts ties with NationWide

FREEPORT, N.Y.—Major gun manufacturer Smith & Wesson has terminated its licensing agreement with NationWide Digital Monitoring Co. effective today, March 31. NationWide, based here, told Security...

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NYMP court hearing set for April 27

FREEPORT, N.Y.—Wayne Wahrsager, president of New York Merchants Protective Co., Inc. (NYMP)—a full-service alarm company here that’s been in his family for more than 100 years—contends the company’s...

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Rx for former Smith and Wesson dealers?

FREEPORT, N.Y.—As members of the defunct Smith & Wesson Security Services dealer program face an April 30 deadline to strip away that gun manufacturer’s name from all their security products, a...

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Termination of NMYP president upheld

FREEPORT, N.Y.—A federal judge this week upheld the firing of Wayne Wahrsager from his job as president of New York Merchants Protective Co., Inc. (NYMP). The date of the termination actually was...

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Termination of NMYP president upheld

FREEPORT, N.Y.—A federal judge this week upheld the firing of Wayne Wahrsager from his job as president of New York Merchants Protective Co., Inc. (NYMP). The date of the termination actually was...

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Devcon secures $215m credit facility

HOLLYWOOD, Fla.—Devcon Security, a super-regional that has rapidly expanded into a national player in the past year, yesterday announced a new $215 million credit facility that includes $110 million...

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Vector secures $225 million

PITTSBURGH—Vector Security will use new financing to make acquisitions and investments that will better position the company for growth in the commercial space. Vector, based here, announced July 28...

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Century-old security company on the block

For sale, as listed in The New York Times and The Wall Street Journal: the New York Merchants Protective Co. Inc., a financially embattled New York-based alarm company that has been in the same family...

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