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Safe Home Security secures $195m credit facility

Safe Home Security secures $195m credit facility

MIDDLETOWN, Conn.—Safe Home Security, a nationwide provider of electronic security services and PERS, announced recently that it has entered into a $195 million senior secured credit facility with a group of institutional investors.

Safe Home will use proceeds from the financing, the company said, to repay the amounts outstanding under the its existing credit facilities, fund growth through acquisitions in the electronic security and personal emergency response services (PERS) industries, as well as for general corporate purposes.

“This transaction allows us, together with our extensive network of partners and dealers, to execute on our growth plan in the security and PERS industries,” said Safe Home Owner and CEO David Roman, an industry veteran with more than 32 years of experience.

Safe Home VP of Sales, Brad Leeflang, added: “Safe Home is now well positioned for continued long-term growth and success with this new financing. After months of diligent work to finalize this transaction, Safe Home is in position to pursue additional dealers, partners, and acquisitions.”

SPP Advisors, LLC represented Safe Home in connection with the credit facility.


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