Coastal Security Systems, Inc. (Coastal), based in Boca Raton, Florida, is a leading provider of security alarm monitoring and related installation services in south Florida and third party monitoring services nationally.  Coastal monitors over 145,000 accounts throughout the United States and its monitoring central station is one of the largest in Florida.  The Company has achieved consistent and steady growth through high quality service and effective marketing.  It has been under the same management for over twenty years.

BP worked with Coastal’s existing management to structure and implement an orderly re-capitalization of the business in 2002.  BP arranged and negotiated approximately $25 million of senior debt and preferred stock to complete the transaction.  There was no change in Coastal’s management team. Coastal has continued its steady internal growth and has completed several acquisitions since 2002.  BP was an equity owner in Coastal.  Chris Needham served on the Board of Directors.

In November 2005, Coastal was sold to Devcon International.