The ADT Corp. (NYSE: ADT) is buying Reliance Protectron Inc. for C$555 million (U.S. $500 million) to expand in Canada.

Montreal-based Reliance Protectron provides monitored security services in Canada. The company has about 400,000 residential and commercial customers and brings in about $11 million in recurring monthly revenue. Reliance Protectron is a subsidiary of Reliance Comfort LP, which is owned by funds managed by Greenwich, Conn.-based private equity firm Alinda Capital Partners. 

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