Alarm Financial Services Provides New Loan Facility for No. 1 Fire Safety Systems
Alarm Financial Services (AFS) recently provided a senior debt facility to No.1 Fire Safety Systems of Hickory Creek, Texas. No.1 Fire used the loan facility to acquire the fire alarm monitoring and testing business of a long established, locally based company, purchasing approximately 400 commercial customer accounts. The new loan facility includes a term loan and a line of credit.
No. 1 Fire serves the North Texas Area, and specializes in fire alarm installation, test and inspection and alarm monitoring. The company is a local, family owned business, with a management team touting 20 years of combined experience.