Pathlight Capital is serving as agent on a $50 million senior secured delayed-draw term loan facility for My Alarm Center, a provider of security and smart home automation solutions for residential and small business customers.
My Alarm Center will use the term loan, which matures in August 2026, to refinance its existing credit facility and to fund growth opportunities.
“The new facility with Pathlight will allow us to accelerate growth through our organic sales channel as well as bulk and strategic acquisitions,” Amy Kothari, CEO of My Alarm Center, said. “We are excited to have a lender who recognizes and supports the tremendous opportunities to grow and scale this business during a very unique time in our industry.”
“Pathlight is excited to support the company in its strategic plan going forward,” Steven Migliero, chief operating officer of Pathlight Capital, said. “The company is well positioned to capitalize on exciting industry opportunities to drive growth and has the right management team, sponsor and capital structure to do so.”
