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Tag: Securitas Direct


Interface completes $230m refi, gets new $45m revolver

January 23, 2013Martha Entwistle

ST. LOUIS—Interface Security Systems, based here, last week completed a $230 million bond deal and also secured a new $45 million revolver from Capital One. Imperial Capital was the “sole bookrunner” for the bond deal and advised Interface on the revolving line of credit.The new capital “enabled Interface to pay off all of its existing debt [and will fund future growth],” John Mack, managing director of Imperial Capital, told Security Systems News.The $230 million is...

Dollar General, Imperial Capital, Interface Security Systems, John Mack, monitronics, Protection 1, Securitas Direct, Vivint, Westec Interactive

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Stanley to buy resi company for $61m

August 4, 2011Martha Entwistle

EDMONTON, Alberta—In a deal that will give Stanley CSS a major residential security footprint in Canada, Stanley Canada Corporation, a subsidiary of Stanley Black & Decker, Inc. has entered into an agreement to acquire Microtec Security Systems, headquartered here, for $61.6 million ($59.7 million Canadian). The deal includes close to 80,000 accounts, two UL-Canada listed central stations, five offices, 200 employees and many dealers, said Fred Fong, CEO and president of First National AlarmCap...

First National alarmCap Income Fund, Fred Fong, Microtec Security Systems, Niscayah, Securitas Direct, Stanley Black & Decker, Stanley Canada Corporation, Stanley CSS

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