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.
 

Get the latest news and more great videos at NewsdayTV Credit: Newsday

Out East: Mecox Bay Dairy ... Newsday Cheer Fest ... Get the latest news and more great videos at NewsdayTV

Get the latest news and more great videos at NewsdayTV Credit: Newsday

Out East: Mecox Bay Dairy ... Newsday Cheer Fest ... Get the latest news and more great videos at NewsdayTV

SUBSCRIBE

Unlimited Digital AccessOnly 25¢for 6 months

ACT NOWSALE ENDS SOON | CANCEL ANYTIME