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EGD secures $42.5m

September 8, 2011Martha Entwistle

COLUMBIA, S.C.—Electric Guard Dog, based here, a manufacturer and installer of a solar-powered perimeter security system that is electrified and monitored by a central station, announced this week that it secured a new $42.5 million credit facility with CapitalSource. The new facility represents a $12.4 million increase to its existing credit facility. CapitalSource managing director Will Schmidt said EGD has “found a way to build significant RMR by providing perimeter protection, an...

CapitalSource, EGD, Electric Guard Dog, FedEx, Jack DeMao, UPS, Will Schmidt

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