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Ackerman Security closes $75 million credit facility

June 27, 2012Tess Nacelewicz

ATLANTA—Ackerman Security Systems announced this week that it closed a new $75 million credit facility.The five-year financing is led by RBS Citizens. Capital One is the syndication agent and TD Bank also participated.The super-regional, based here, last month announced its plan to double its revenue in five years. “The financing allows for continued and aggressive internal account generation, the possibility of entering new markets and the possibility of acquisitions, which potentially...

Capital One, Jeff Cohen, Jim Callahan, RBS Citizens Capital Markets, TD Bank