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Announced

ADT Security to acquire RAA's Secure Services business.

Synopsis

ADT Security, a provider of alarm monitoring services, agreed to acquire the Secure Services business from the Royal Automobile Association, a provider of automobile services. Financial terms were not disclosed. “ADT Security will be employing a number of local RAA staff as part of the acquisition. As an Australian-based monitored security provider with an A1 Grade 24/7 monitoring centre, ADT Security will continue to provide full support to the residential and business clientele who have transferred over from RAA to ensure a seamless continuity of service,” Gerhard Venter, ADT Director of Pacific & Security Services NZ.

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