Mountain Alarm Receives Investment from Seacoast Capital Managers

Fire Protection Service Corp. (d/b/a Mountain Alarm), an Ogden, UT-based company that specializes in the design, installation, service and monitoring of security and fire alarm systems for the commercial and residential markets, received an investment from Seacoast Capital Managers, LLC.

In early December, Seacoast provided a combination of subordinated debt with warrants and convertible preferred stock to the company as part of a debt recapitalization.

The transaction, whose amount was not disclosed, was made by the firm’s third mezzanine fund, Seacoast Capital Partners III, L.P.

With operations in Arizona, Colorado, Idaho, Utah and Washington, Mountain Alarm is one of the largest alarm companies in the Mountain West region, and among the top 50 largest alarm companies in the U.S. Led by Rod Garner, President and CEO, the company provides security systems, fire alarm systems, card access, CCTV, Monitoring, Managed Access, and Test & Inspection solutions.

FinSMEs

28/02/2013

Join the discussion