Eastern is providing $7.5 million in financing to support LOUD Security’s growth initiatives, including a revolving line of credit to support the company’s ongoing financial needs as well as a full suite of treasury management services.
Acquisitions are a hot topic in this week’s Security News Roundup; SimpliSafe signs a definitive agreement to be acquired by GTCR, Pye-Barker acquires Phoenix Fire Protection, and Everon acquires the multifamily business of ADT.
MacGuard’s consulting expertise guided the Gallaher family and leadership team through the decision-making process, with the goal of ensuring alignment between Zeus’ platform and Gallaher’s Tennessee market presence.
The new facility is home to more than 180 team members representing marketing, accounting, product development, education, training, and other key departments.
The hearing, “Unmanned and Unchecked: Confronting the Rising Threat of Malicious Drone Use in America,” focused on the growing threat posed by unauthorized and criminal use of uncrewed aircraft systems (UAS) in both domestic and international airspace.
This transaction strengthens Pye-Barker’s ability to serve customers in the area with integrated life safety services that protect lives and livelihoods.
The Lower 900 MHz band is heavily used by “Part 15” security and life safety systems, smart home technology, consumer, and business electronics and more devices that would face harmful interference from NextNav’s high-power usage in the band.
GTCR will support SimpliSafe as the company continues to invest in innovative products and services designed to deliver on its mission to keep every home secure and to provide peace of mind to its customers.
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