Tag: Greg Busone
Lydia receives $75 million
January 27, 2016Spencer Ives
WILLIAMSTOWN, N.J.—Lydia Security Monitoring, the parent company of COPS Monitoring, received a $75 million credit facility from Citizens Bank, the bank announced Jan. 25.“Lydia plans to use this line of credit for general corporate purposes and to expand its presence in the market,” David Smith, COPS' director of marketing and communications, told Security Systems News, in an email interview.Citizens served as lead left arranger and administrative agent for the transaction.Jim...