Monitronics International, Inc. (OTCPK:SCTY) acquired 114,000 residential alarm monitoring contracts of Protect America, Inc. on June 17, 2020. As per the terms of the transaction, Monitronics will take ownership of the alarm monitoring contracts at closing through an earnout structure that includes a $15 million upfront payment. For the first six months following the closing, Monitronics will pay a $5 monthly earnout payment per active account. For the remaining forty-four months immediately following the initial earnout period, Monitronics will pay the seller a $25 monthly earnout payment per active account. Imperial Capital, LLC acted as financial advisor to Protect America, Inc. Monitronics International, Inc. (OTCPK:SCTY) completed the acquisition of 114,000 residential alarm monitoring contracts of Protect America, Inc. on June 17, 2020.