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The PrivateBank

Eyewitness Surveillance secures $15 million

Funding aimed at strategic growth, market penetration

HANOVER, Md.—Eyewitness Surveillance, a provider and installer of video monitoring solutions for auto dealerships and metal recyclers, has received $15 million in new financing from The PrivateBank.

Finance virtual roundtable: The most interesting deals of 2013 and predictions for 2014

Holloway, Epstein and Schmidt opine on valuations for alarm companies and integration firms, offer advice for sellers

Every January, Security Systems News asks security finance experts to share their opinions on deals done, valuations sought and won, and prospects for buyers and sellers in the coming year.

Doing your due diligence


YARMOUTH, Maine—When a bank considers making a loan to a security company it goes through a standard due diligence process, so if you’re a security company looking to acquire a competitor, “you should look for the same things that we look for in your business,” according to Jennifer Holloway, managing director in the Security Industry Group at The PrivateBank.

Devcon secures $215m credit facility

Company more than doubles its financing to support its expansion nationwide

HOLLYWOOD, Fla.—Devcon Security, a super-regional that has

rapidly expanded into a national player in the past year

, yesterday announced a new $215 million credit facility that includes $110 million in new financing. The new financing package more than doubles what was available to the company previously.