It has been a year since reports surfaced that Alarm.com owner ABS wanted to exit its investment. The wait may have been worthwhile, according to experts who spoke to Security Systems News. Now is a good time for Alarm.com, a fast-growing, market-leading provider of interactive services, to go public, they say.
“There’s a lot of excitement and energy around the smart home right now, and to a certain degree the timing of this IPO may reflect that,” Tom Kerber, director of research for Parks Associates, told SSN.
“Interactive services have transformed the security industry,” Kerber said. Parks Associates estimates that 65 percent of new security systems “are smart or connected."
The smart home is becoming mainstream, and it’s the security industry that “is leading the transition to the smart home,” he said.
From the article "Prime time for Alarm.com IPO" by Martha Entwistle.
