Safe Home Security Scores $195 Million Credit Facility
Safe Home Security announced 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 to repay the amounts outstanding under the company’s 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.
Safe Home is a nationwide provider of electronic security services and PERS, ranked No. 12 on the SDM 100. The company is led by David Roman, an industry veteran with over 32 years of experience.