Monroe Capital increased Protos Security’s credit facility to support the company’s acquisition of Mulligan Security. Protos is an existing portfolio company of Southfield Capital.

Mulligan is a regional provider of security and fire safety professionals. The combined company primarily serves real estate, pharmacies, grocery, retail, professional and financial services end markets. The acquisition will accelerate the growth of Protos’ self-perform direct guard capabilities.

Monroe Capital is a boutique asset management firm specializing in private credit markets across various strategies, including direct lending, asset-based lending, specialty finance, opportunistic and structured credit and equity.