Akin Gump Advises Interface Security Systems in $125 Million Refinancing for New Capital Structure

August 3, 2017

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Jacinta O'Shea-Ramdeholl

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Sarah Richmond

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(Dallas) – Interface Security Systems has announced the completion of a refinancing for a new capital structure that will facilitate strategic growth and expansion. SunTx Capital Partners and Prudential Capital Partners provided substantial contributions of new growth equity capital of $125 million. In addition, Interface refinanced approximately $462 million of existing debt. Akin Gump advised Interface in the matter.

Interface is a leading cloud-based provider of managed physical and network security services. Its customers include companies in the retail, hospitality and restaurant industries.

The Akin Gump team advising Interface was led by corporate partners Terry Schpok, Alan Laves and Matt Zmigrosky. They were joined by senior counsel Carlos Villota, counsel Matt Bivona, and associates Lech Wilkiewicz and Alex Poor.

Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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