Online valuation calculator, powered by AI, aims to simplify the process for business owners looking to sell home security and alarm accounts
DALLAS, Oct. 29, 2024 /PRNewswire-PRWeb/ -- Brinks Home, one of North America's leading home security and alarm monitoring companies, recently launched its new Account Value Calculator (AVC). This innovative AI-powered tool provides home security business owners with a transparent and confidential method to value their alarm account portfolios in just days, facilitating both small and large transactions while enabling rapid access to liquidity.
AVC also offers support for divesting additional assets with the purchase of alarm accounts, such as inventory and vehicles, ensuring a seamless onboarding process for customers transitioning to Brinks Home. The AVC marks the inaugural offering of the new Brinks Home B2B hub, Brinks Home Exchange (BHX), set to launch fully next year.
"The Account Value Calculator is just the beginning of an exciting journey for us and our current and future partners," said William Niles, CEO of Brinks Home. "This tool provides immediate value by enabling partners to easily assess their portfolios and access liquidity. However, it's also a foundational element of our long-term strategy to create a robust platform that will streamline operations, enhance collaboration and open new opportunities for growth."
Featuring competitive, AI-generated pricing, the AVC simplifies the valuation process, reduces costs and minimizes manual touchpoints. The tool accelerates the traditional offer process from the industry standard of 15 days to as quickly as two business days. Brinks Home expertise spans various transactions, including purchasing individual accounts, large bulk acquisitions and business acquisitions, with customizable deal structures to meet diverse partner needs.
Upon the seller receiving their valuation and choosing to proceed, Brinks Home will facilitate the process to acquire the seller's customer accounts. In addition to facilitating transactions for individual accounts, Brinks Home is positioned to purchase entire books-of-business for companies looking to liquidate their enterprise. The dedicated Brinks Home team will collaborate closely with partners to develop customized purchase structures that align with both parties' strategic goals.
"As we prepare for the full BHX platform launch in 2025, we are committed to developing a cutting-edge online platform that addresses the complexities of selling alarm accounts," said Mike Hackett, senior vice president of enterprise business development at Brinks Home. "The AVC tool alleviates the stress associated with valuation and transaction processes, making it easier for our partners to achieve their goals."
For more information about Brinks Home and the AVC, visit https://bhx.brinkshome.com.
About Brinks Home
Brinks Home is one of the largest home security and alarm monitoring companies in North America. Headquartered in the Dallas-Fort Worth area, Brinks Home provides best-in-class protection to over 1 million people through smart home security solutions backed by expertly trained professionals and an award-winning Alarm Response Center. The company has one of North America's largest networks of independent authorized dealers and agents—providing products and support to customers in the U.S. and Puerto Rico—as well as professionally installed products and 24/7 monitoring.
Media Contact
Mandy Holm, Brinks Home, 1 770-856-9123, [email protected], https://brinkshome.com/
SOURCE Brinks Home
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