ADT Corp. Buys Devcon Security Holdings for $148.5 Mln

Devcon Security International, a portfolio company of Golden Gate Capital, has sold Devcon Security Holdings to The ADT Corp. for $148.5 million in cash. Imperial Capital served as financial advisor to Devcon Security International for the transaction, which closed on August 2, 2013. Devcon is an alarm monitoring company serving the Florida and New York markets.

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