ST. LOUIS, Mo.—There were two separate, but related announcements in the world of security finance this week. Will Schmidt has taken over the role of managing director of CapitalSource and three CapitalSource executives—Bill Polk, Tom Pagnani and John Robuck—have left CapitalSource to head up a new security lending group at Capital One.
GREENVILLE, S.C.—Fueled by a new $10 million line of credit from CapitalSource, Priority One Security, a full-service security company based here, completed one acquisition and has plans for more growth.
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.