a.p.i. Alarm

Canaccord Genuity Acts as Exclusive Financial Advisor to a.p.i. Alarm on its $170 Million Recapitalization, Including an Incremental M&A Facility

Canaccord Genuity is pleased to announce that, on October 6, 2023, its client, a.p.i. Alarm Inc. (“a.p.i. Alarm” or the "Company"), entered into a credit agreement for up to $170 million. The proceeds will allow a.p.i. Alarm to refinance its senior secured term loan, revolving credit facility, and swingline, as well as provide it with an incremental committed delayed draw term loan to pursue acquisitions.

a.p.i. Alarm is one of Canada’s largest privately owned and operated full-service security solutions provider and alarm monitoring network, offering a wide range of products and services across residential, commercial & government, and specialty verticals. The Company conducts both wholesale (third-party) and retail (directly owned) monitoring.

Canaccord Genuity acted as exclusive financial advisor to a.p.i. Alarm.