NorthStar Alarm Services Doubled Its Credit Facility
NorthStar Alarm Services LLC, Orem, Utah, increased its credit facility to $80 million, doubling its facility since the company’s recapitalization 20 months ago, with Bank of America, Goldman Sachs, and The Beekman Group.
Bank of America remains the lead bank on the expanded credit facility and new participants include: The Private Bank, Chicago, Capital Source, Los Angeles, and Capital One, McLean, Va. NorthStar will use the additional financing to support the company’s anticipated growth over the next two years.