Monitronics
| Company type | Private |
|---|---|
| Industry | Security |
| Founded | 1994 in Dallas, Texas, United States |
| Fate | Filed for Chapter 11 bankruptcy in 2019 and 2023 |
| Headquarters | Farmers Branch , United States |
Area served | United States |
| Products | Home security solutions (Brink's Home) |
Monitronics International, Inc. is a U.S.-based security firm providing home security solutions under the brand name Brink's Home.
History
Established in Dallas in 1994, Monitronics International began by delivering alarm monitoring services to both residential and commercial clients across the United States. Additionally, it offered financing options, technical education, and product support to dealers in the security industry. The company’s primary financial backing came from ABRY Partners until its acquisition by Ascent Media in December 2010. By 2015, Monitronics had become the second-largest alarm monitoring provider in the U.S., trailing only ADT.
In 2013, MONI expanded its portfolio by acquiring Security Networks—a group of approximately 225 security dealers—for $507 million. This move aimed to broaden its service range and enter the emerging do-it-yourself (DIY) home security market.
Two years later, in 2015, Monitronics purchased LiveWatch, a Kansas-based enterprise specializing in DIY home security and automation systems. Originally founded as SafeMart in 2002 by former paramedic Chris Johnson, SafeMart initially distributed third-party home security products. In 2010, Brad Morehead was appointed CEO. By the time of acquisition, LiveWatch employed around 180 people and served roughly 200,000 customers nationwide; Monitronics acquired it for $67 million.
The company underwent a rebranding in 2016, shortening its name to Moni and updating its logo and corporate identity accordingly.
In 2018, Brinks reentered the home security market through a trademark licensing agreement with Moni, reviving the "Brinks Home Security" brand. This licensing deal enabled Moni—a private firm based in Farmers Branch, Texas—to market home security systems that customers could either self-install or have professionally installed. Subsequently, Moni and LiveWatch were rebranded under the Brinks Home Security name.
Monitronics filed for Chapter 11 bankruptcy protection in 2019 as part of a financial restructuring effort.
In June 2020, Moni acquired Protect America for an upfront payment of $15 million, further expanding its residential alarm monitoring contracts.
Most recently, on May 15, 2023, Monitronics filed for Chapter 11 bankruptcy protection for the second time within four years.
References
External links
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