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Proguard secures credit facility, makes first buy

June 6, 2018Paul Ragusa

BASALT, Colo.—Proguard Protection Services Inc., a full-service, family owned security company based here, announced recently that it secured a $2.75 million senior secured credit facility through CIBC Bank, and completed its first acquisition—the purchase of more than 1,900 accounts and other assets from Allied Security Group of Breckenridge, Colo.“We are very excited to be working with such a great bank and lucky to have the leadership of David Stang in this process,” Frank...

Allied Security Group, CIBC Bank, David A. Stang, Davis Mergers & Acquisitions Group, Frank Bauer, Kevin Eisenman, Proguard Protection Services Inc., Reggie Harmon, Stang Capital Advisory LLC