Legal DealFolio - The ADT Corporation Acquisition of Protectron

Simpson Thacher is representing The ADT Corporation (NYSE: ADT) in connection with its CAD $555 million (approximately USD $500 million) acquisition of Protectron, a leading provider of monitored security services in Canada. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close this summer. The acquisition brings ADT 400,000 residential and commercial customers, including 31,000 contract monitoring accounts and CAD $12 million (approximately USD $11 million) in associated recurring monthly revenue. Protectron has a highly satisfied customer base with greater levels of customer retention than other major players in the North American electronic security industry. The Simpson Thacher team includes Alan Klein, Sean Crnkovich and Maria Carolina Gonzalez Diaz (M&A); Rob Holo and Sophie Staples (Tax): Greg Grogan and Patricia Adams (Executive Compensation and Employee Benefits); Lori Lesser and Genevieve Dorment (IP); and Adeeb Fadil and Noreen Lavan (Environmental).

Deal Date:	30-04-2014	Practice Area:	Corporate and M&A
Deal Title:	The ADT Corporation Acquisition of Protectron	Industry:	Support Services
Description:	Simpson Thacher is representing The ADT Corporation (NYSE: ADT) in connection with its CAD $555 million (approximately USD $500 million) acquisition of Protectron, a leading provider of monitored security services in Canada. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close this summer. The acquisition brings ADT 400,000 residential and commercial customers, including 31,000 contract monitoring accounts and CAD $12 million (approximately USD $11 million) in associated recurring monthly revenue. Protectron has a highly satisfied customer base with greater levels of customer retention than other major players in the North American electronic security industry. The Simpson Thacher team includes Alan Klein, Sean Crnkovich and Maria Carolina Gonzalez Diaz (M&A); Rob Holo and Sophie Staples (Tax): Greg Grogan and Patricia Adams (Executive Compensation and Employee Benefits); Lori Lesser and Genevieve Dorment (IP); and Adeeb Fadil and Noreen Lavan (Environmental).
Financial Center:	New York	Value:	100.01-500.00
Advised Party:	Acquiror	Law Firm	Simpson Thacher
Target Company Jurisdiction:	Canada	Acquiror Jurisdiction:	United States
Classification:	Strategic Buyer Acquisitions Private Company	Lawyer	Alan M Klein

Practice Areas -

Corporate and M&A Law Firms and Lawyers

Practice Areas - Corporate and M&A Law Firms and Lawyers