DTT Closes $80M Facility; Completes Acquisition of LP Innovations

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DTT, a Las Vegas, Nevada-based provider of video-based managed service solutions to the hospitality and C-Store industries, closed an $80m debt facility. The financing was led by Administrative Agent, Capital One and CapitalSource, a division of Pacific Western Bank. The facility will be utilized primarily for the acquisition of LP Innovations Inc. (LPI), a loss prevention provider to the retail industry and for additional growth capital. The acquisition of LPI will enable DTT to continue developing innovative data analysis and risk mitigation technology and to maintain its position as a leading provider of managed loss prevention solutions in all of retail.

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DSW

DSW Inc. is a leading branded footwear and accessories retailer that offers a wide selection of brand name and designer dress, casual and athletic footwear and accessories for women, men and kids. DSW operates over 480+ stores in 42 states, the District of Columbia and Puerto Rico, as well as 362 leased departments for other retailers in the United States under the Affiliated Business Group. We also operate an e-commerce site, http://www.dsw.com, and a mobile site, http://m.dsw.com.

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Spotlight

DSW

DSW Inc. is a leading branded footwear and accessories retailer that offers a wide selection of brand name and designer dress, casual and athletic footwear and accessories for women, men and kids. DSW operates over 480+ stores in 42 states, the District of Columbia and Puerto Rico, as well as 362 leased departments for other retailers in the United States under the Affiliated Business Group. We also operate an e-commerce site, http://www.dsw.com, and a mobile site, http://m.dsw.com.

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