Tag: Pacific Western Bank
The Edmonds Group advises Utah-based Becklar on expansion of credit facility
June 4, 2019SSN Staff
OGDEN, Utah—Becklar, LLC, parent company of both AvantGuard Monitoring Centers and Freeus, announced the closing of a new $25 million debt facility with Pacific Western Bank. The Edmonds Group served as exclusive financial adviser to Becklar. “The new debt facility will be used to support continued growth and acquisitions at both AvantGuard and Freeus,” Josh Garner, CEO of Becklar, said in the announcement. “While we greatly appreciated the strong interest we received from...
CapitalSource to merge with PacWest Bancorp in $2.3b deal
July 24, 2013Martha Entwistle
CENTURY CITY, Calif.—CapitalSource will still be a source of lending for the security industry after it merges with PacWest Bancorp in a $2.3 billion deal early next year. In fact, CapitalSource's managing director Will Schmidt says he expects the security team to grow in the next few months.“The merger will impact the security group only in a positive way,” Schmidt told Security Systems News. PacWest is supportive of CapitalSource's “streamlined credit process,” he...