Tag: Ironwood Capital
Oaktree Capital Management buys My Alarm Center
July 26, 2017Spencer Ives
NEWTOWN SQUARE, Pa.—My Alarm Center, a national home security and automation provider based here, was recently sold to global investment firm Oaktree Capital Management, headquartered in Los Angeles. The deal closed on July 14.“We kicked off an effort to recapitalize the business about a year ago, looking to strengthen our financial position, our balance sheet, and give us a better opportunity to grow our business,” Amy Kothari, My Alarm Center's president and CEO, told Security...
SAFE Security secures new sub-debt facility
November 9, 2016Paul Ragusa
SAN RAMON, Calif.— SAFE Security announced on Oct. 25 that it has secured a subordinated debt facility with lead agent Ironwood Capital and co-investor OFS Capital Corporation, an investment that SAFE president and CEO Paul Sargenti said will allow the company to continue its strong growth for the year.“We have known Ironwood for a long time and have appreciated their knowledge of the industry,” Sargenti told Security Systems News. “And at the time when we wanted to expand...