SECURITY & ALARM
The security and alarm industry is rebounding from the unprecedented pressures caused by dramatic drops in valuations and the exit of capital providers from the industry. Consolidation is still occurring, whether strategic or reactive as part of a restructuring. Amid the recent struggles of the residential solar market, companies that entered that space in recent years as a way to diversify are now encountering significant difficulties that threaten their core security alarm business. Companies must adapt their business models to rapidly changing technology, consumer demands and competitive pressures.
Many companies are approaching loan maturities with the refinancing environment uncertain and more challenging, as traditional lenders to the security & alarm industry exit their positions. In addition, due to competitive pressures and the current economic conditions facing residential and commercial customers, revenues are dropping, causing defaults with loan covenants based on RMR and leverage metrics. During these unprecedented times for the industry, now more than ever companies need advisors with deep industry experience and the security advisory services market expertise to navigate through difficult financial and operational situations.
Getzler Henrich has become the premier and trusted strategic and financial advisor to many companies and their lenders in the security and alarm industry, providing services to numerous companies ranging in RMR from $800K to over $8.0 million. Our professionals have experience supporting both residential and commercial security and alarm companies as well as working with their senior lenders in workout situations. In addition, we have assisted our clients navigate the challenges facing the residential solar industry. Our professionals help our clients manage through difficult liquidity periods while preserving value for stakeholders.
The firm is currently assisting numerous security and alarm companies with:
- liquidity issues and cash flow forecasting
- negotiations with lenders
- cost reductions
- strategic planning
- evaluation of alternative restructuring options
- sales processes, including due diligence
- contingency planning
Getzler Henrich has unparalleled experience in the security and alarm industry assisting companies through their unique challenges, and we are widely respected and recognized by key constituencies and leaders in the industry.
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