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Southfield Capital security services provider unit buys Security Resources

Private equity firm Southfield Capital unit Single Source Security Inc., doing business as Protos Security, closed the acquisition of Security Resources Inc.

Security Resources co-founders Joseph Malone and Bob Bond will remain in their existing leadership roles. Security Resources provides security guard and related solutions through its managed services platform and its in-house manned guard division.

Southfield, which invests in high-growth, lower-middle-market companies in the outsourced business services sector, acquired Protos Security in February. Protos Security is a tech-enabled managed security services provider.

Monroe Capital LLC provided debt financing, while Pepper Hamilton LLP provided legal counsel to Southfield Capital.