Vivint

Vivint, Inc. (formerly known as APX Alarm Security Solutions Inc.) is a private home security, home automation and energy management services provider in the United States, Canada and New Zealand. In 2012, The Blackstone Group acquired Vivint. As of August 2015, Vivint had approximately 7,000 employees serving 970,000 customers. Vivint is currently listed on the Forbes list of "America’s Best Employers” and was also named one of Forbes’ “Most Promising Companies” in 2013.

History

In 1999, Keith Nelleson and Todd Pedersen co-founded APX Alarm Security Solutions in Provo, Utah. At the time, the company sold and installed security systems. Vivint began retaining customers in 2006 after it became a home monitoring provider. The company expanded its service to Canada that year after signing a $75 million credit facility agreement with Goldman Sachs. Goldman Sachs and APX Alarm completed another credit facility agreement worth $440 million in 2009. That November, the company acquired a central alarm monitoring station from Criticom Monitoring Services, a subsidiary of Protection One, in St. Paul, Minnesota. APX Alarm opened a new corporate headquarters in Provo, Utah a month later.