Monroe Capital 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.