GHS gets $50m credit facility

Expansion into Texas, Arizona planned Amy Canfield Wednesday, September 9, 2015

WOODLAND HILLS, Calif.—GHS Interactive Security, a provider of integrated security services for the residential and light commercial end markets, has secured a $50 million credit facility.

The funding will be used, in part, to expand into Austin, Texas, Houston and Phoenix this year.

GHS currently has accounts in California.

The credit facility was led by AB Private Credit Investors.

“The recurring revenue nature of the business combined with the high quality of GHS’s account origination capabilities makes this an attractive investment opportunity,” Brent Humphries, group head of AB-PCI, said in a prepared statement.

GHS is controlled by New York private equity fund Topspin Partners.

Michael Barnes, a partner in the consulting and advisory firm Barnes Associates, which specializes in the security alarm industry and co-sponsors the Barnes Buchanan Conference, advised Baker and Topspin on the deal.

Security Systems News continues to report on this story. Check back for an interview with Michael Barnes. 

Topic:  Residential Tags:  GHS Interactive Security, Topspin Partners, Barnes Associates, AB Private Credit Investors
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