Briscoe plans 'multi-million dollar' acquisitions
Briscoe Protective Systems Inc. of Centereach said Thursday it had obtained a line of credit from Suffolk County National Bank to finance the acquisitions of other companies to expand its business.
The amount of the "multimillion dollar" line of credit with the Riverhead-based bank was not specified.
The 35-year-old Briscoe designs, distributes and services fire and security alarm systems. It has 46 employees.
Company president Bob Williams declined, citing confidentiality agreements, to name the two companies he plans to acquire.
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Get ready for sun and fun with NewsdayTV's summer FunBook special! From celebrating America's 250th birthday to a new ride at Adventureland, NewsdayTV's Elisa DiStefano and Newsday lifestyle editor Meghan Giannotta have your inside look at Newsday's summer FunBook.
