Argonaut acted as Financial Advisor to Threat Protect Australia Limited to successfully introduce and advise on a $36 million of senior secured debt financing (“Debt Financing”) in 2019. Threat Protect Australia Limited (ASX:TPS) provides 24/7 security monitoring solutions and comprehensive security services to Australian homes and businesses. The proceeds were used to complete the acquisition of Onwatch Pty Ltd, a successful Eastern states monitoring alarm security business. Resources were also allocated to refinance the existing debt facility with Macquarie and provide future funding for acquisition growth.
Threat Protect Australia Limited has the highest security accreditation achievable in Australia, including the Certified Counter Terrorism Practitioners Board (CCTP) certification. Threat Protect is an active member of the Australian Security Industry Association Limited and is the preferred security of the West Australian Local Government Association Preferred Supplier Program. Through industry experience, first-class technology and equipment, Threat Protect can identify local and global security risks and propose feasible solutions guaranteed to stop compromise to security. Threat Protect’s security services involve advisory, online, monitoring, security personnel, safety training and more.
Argonaut | Perth
Level 30, Allendale Square, 77 St Georges Terrace Perth, WA, 6000 Australia
ABN 72 108 330 650
SFC CE No. AXO052