Atlantic Security, Inc.

Client Profile
Atlantic Security, Inc. was one of the fastest growing full service security companies in the country, offering its customers contract security guard services, investigative services and electronic security surveillance systems.
Situation
Atlantic Security was in need of working capital and acquisition financing that would enable it to continue its aggressive growth strategy by acquiring security companies within its existing geographic markets, and by expanding into new markets, in addition to continuing to expand its business through impressive internal growth.
Solution
In January 1997, SSG delivered a creative senior line of credit along with a tranche of subordinated debt with warrants, with minimal dilution, which allowed the Company to continue its aggressive growth strategy.