Paul Sargenti, president and CEO of SAFE Security, ranked #21 on the SDM 100 list, San Ramon, Calif., announced that Citizens Bank, N.A. (“Citizens Bank”) led  a six-bank syndicate that has refinanced SAFE Security’s senior secured credit facility. 

 SAFE Security, San Ramon, Calif., announcedthat industry veteran Gary Franklyn joined the firm as vice president of marketing and business partnerships. In this role he is responsible for developing and producing creative, innovative strategic partnership programs and multi-faceted marketing and promotional campaigns targeted at recurring monthly revenue (RMR) growth and customer retention.  

Bank of America leads a five bank syndicate that has refinanced SAFE Security’s senior debt facility. The new facility provided by the Bank of Montreal, One West Bank, Madison Capital, and US Bank in addition to the Bank of America provides SAFE Security with $130 million of capital to pursue its growth strategy.

SAFE Security, San Ramon, Calif., announced that it expanded its dealer program, SAFE Dealer Network, which includes a $10,000 bonus for new dealers who sign up with SAFE by the end of the 2013 ISC.

ICV Partners (ICV), New York, an investment firm focused on lower middle market companies, announced the acquisition of SAFE Security Inc., San Ramon, Calif., a provider of residential and commercial security alarm systems, monitoring services, and support services.