Cahill Represents Lead Arrangers in Financing for the Acquisition of Protection 1
Date: 07/01/15
Cahill represented Credit Suisse as administrative agent and lead arranger and the other lead arrangers in connection with a $1,095,000,000 First Lien Term B loan, a $260,000,000 Second Lien Term B loan, and a $95,000,000 First Lien revolving credit agreement for Prime Security Services Borrower, LLC. Proceeds from the loan were used in connection with Apollo Global Management’s acquisition of Protection 1 Security Solutions, a leading, premier full-service business and home security company in the United States, and Maryland-based ASG Security, together creating a new entity, Prime Security Services.