Monroe Capital Supports Protos Security’s Acquisition of Summit Off Duty Services
June 25 2024 - 8:11PM
Business Wire
Monroe Capital LLC (“Monroe”) announced it acted as sole lead
arranger and administrative agent on the funding of a senior credit
facility to support the acquisition of Summit Off Duty Services
(“Summit”) by Security Services Holdings LLC ("Protos Security"),
an existing portfolio company of Southfield Capital.
Protos Security is a tech-enabled vendor managed security
services provider in North America. Headquartered in Irving, TX,
Summit is an off-duty police officer security provider. The company
manages onsite security for clients nationwide, providing security
and law enforcement industry expertise through a vast nationwide
network of police officers. Summit's suite of services and features
provides access to more than 60,000 police officers, representing
more than 1,400 law enforcement agencies. This acquisition greatly
accelerates the growth of the organization and enhances the
off-duty law enforcement service offering while also positioning
Protos Security as the fourth largest security services provider
nationally.
About Monroe Capital
Monroe Capital LLC (including its subsidiaries and affiliates,
together “Monroe”) is a premier asset management firm specializing
in private credit markets across various strategies, including
direct lending, technology finance, venture debt, opportunistic,
structured credit, real estate and equity. Since 2004, the firm has
been successfully providing capital solutions to clients in the
U.S. and Canada. Monroe prides itself on being a value-added and
user-friendly partner to business owners, management, and both
private equity and independent sponsors. Monroe’s platform offers a
wide variety of investment products for both institutional and high
net worth investors with a focus on generating high quality “alpha”
returns irrespective of business or economic cycles. The firm is
headquartered in Chicago and maintains 10 offices throughout the
United States and Asia.
Monroe has been recognized by both its peers and investors with
various awards including Private Debt Investor as the 2023 Lower
Mid-Market Lender of the Decade, 2023 Lower Mid-Market Lender of
the Year, 2023 CLO Manager of the Year, Americas; Inc.’s 2023
Founder-Friendly Investors List; Global M&A Network as the 2023
Lower Mid-Markets Lender of the Year, U.S.A.; DealCatalyst as the
2022 Best CLO Manager of the Year; Korean Economic Daily as the
2022 Best Performance in Private Debt – Mid Cap; Creditflux as the
2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020
Private Credit Strategy of the Year. For more information and
important disclaimers, please visit www.monroecap.com.
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Zia Uddin Monroe Capital LLC 312-523-2374
zuddin@monroecap.com
Daniel Abramson BackBay Communications 857-305-8441
daniel.abramson@backbaycommunications.com