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Citizens Bank

Citizens Bank wants to grow its security lending

Mooney, Needham join specialized security alarm group

BOSTON—Citizens Bank wants to do more security alarm deals and “expand around the edges” to adjacent businesses, Greg Buscone, SVP and market manager of Specialized Banking at Citizens Commercial, told Security Systems News.

Security Networks ups credit facility by $100 million

Super-regional looking at 38 percent CAGR, again

WEST PALM BEACH, Fla.—Security Networks, a super-regional based here, announced April 30 that it has extended its credit facility by $100 million, bringing the total to $250 million.

ASG ups credit facility to $250m

CapitalSource leads deal; Super-regional expects to make eight to 10 acquisitions in 2012

BELTSVILLE, Md.—ASG Security now has a quarter of a billion dollars on hand, thanks to a recent $20 million extension of its previous $230 million credit facility, the company announced April 25.

ASG closes $230m line of credit

Goldman Sachs is new participant

BELTSVILLE, Md.—ASG Security closed Jan 28 on a new $230 million line of credit. Lead by ASG’s longtime banking partner, CapitalSource, this round also includes a new participant, Goldman Sachs.
Also participating in the round are previous investors: Bank of America, Citizens Bank, Madison Capital and PrivateBank.