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Monroe Capital Supports Protos Security’s Add-on Acquisitions

Date: Dec 06, 2022 @ 07:42 AM
Filed Under: Security Systems

Monroe Capital acted as administrative agent and sole lead arranger on the funding of a senior credit facility to support the add-on acquisitions of Blue Star Security (“Blue Star”), ControlByNet, and MG Security Services, by Protos Security (“Protos”), an existing portfolio company of Southfield Capital.

Protos is a tech-enabled managed security services provider. Blue Star provides armed security consisting of off-duty and retired law enforcement officers for numerous Fortune 500 companies and small-to-medium sized businesses. ControlByNet offers remote guarding and software solutions that work across all devices through the cloud or as an onsite managed service. MG Security Services provides armed and unarmed security guard services, crisis management, fraud prevention and private investigation for commercial real estate, hospitals, property management, education and financial services clients. These acquisitions further strengthen Protos’ service offering and enhance its suite of security solutions.

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