Prospect Capital and an affiliate have provided a first lien senior secured term loan and a preferred equity investment in Security Fire Systems (SFS), aggregating approximately $26 million, in collaboration with Blackford Capital.
“Prospect is pleased to provide growth capital to enable SFS to pursue compelling organic and acquisitive growth opportunities,” Angel Solis, managing director at Prospect, said. “We are excited to support Blackford Capital on their mission to make SFS a high-performing market leader in the fire suppression space.”
Martin Stein, founder and managing director of Blackford Capital, added, “We were pleased to work with Prospect, which was responsive, diligent and creative on this transaction. Having Prospect as an investor strengthens SFS’s position as a compelling acquirer of more growing and profitable businesses in the fire suppression space.”
