CastleRock seeks IPO

CastleRock Security Holdings Inc. of Arlington Heights today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock.

The number of shares to be offered and price range for the offering have not yet been determined.

Since November 2008, the company's wholly-owned subsidiary, CastleRock Security Inc., has provided security alarm monitoring and related services for single-family residential and light commercial customers in 46 U.S. states, Canada and Puerto Rico.

Subject to certain restrictions under its existing secured credit facility, the Company intends to primarily use the net proceeds of the public offering to acquire customer accounts and fund investment in infrastructure, technology and working capital.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted before the time the registration statement becomes effective.