Prospect Capital Commits $26M Loan and Equity to Security Fire Systems
PSEC•Prospect Capital provided a $26 million first-lien senior secured term loan plus preferred equity investment in Security Fire Systems alongside Blackford Capital. Security Fire Systems, operating in Texas, California, Arkansas, Colorado and Oklahoma, offers fire sprinkler design, installation, testing, maintenance and emergency response services.
1. Investment Structure
Prospect Capital and an affiliate provided Security Fire Systems with a first-lien senior secured term loan and preferred equity investment totaling approximately $26 million in collaboration with Blackford Capital. The funding includes term loan facilities secured by SFS assets, designed to support the company’s expansion strategy.
2. Security Fire Systems Profile
Founded in 1993, Security Fire Systems delivers fire protection solutions including automatic sprinkler design, installation, testing, maintenance, fire alarms and emergency response. The firm is certified in Texas, California, Arkansas, Colorado and Oklahoma, serving hospitality, healthcare, education, retail, aviation, government, residential and religious markets.
3. Strategic Rationale
Prospect Capital aims to fuel SFS’s organic and acquisitive growth by supplying flexible capital, strengthening the company’s capacity for roll-up M&A and market leadership. The partnership leverages Blackford Capital’s operational expertise to support SFS in acquiring profitable businesses and scaling service offerings.
