Allied Universal makes fourth buy in a month

Deal speaks to company’s overall growth strategy, CEO says
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Monday, December 16, 2019

SANTA ANA, Calif.—Allied Universal’s recent buy of APG Security — its fourth deal in about a month — speaks to company’s overall strategy to continue growing through acquisition.

“The four acquisitions we closed in November and December are part of our long-term strategy to identify and acquire quality assets within the manned guarding space as well as to build out our national footprint in systems and technology,” Allied Universal CEO Steve Jones told Security Systems News. “This long-term strategy places Allied Universal in a unique position to offer our clients a full suite of security services and differentiates us from our competitors.”

Allied’s most recent buy is a South Amboy, New Jersey--based company offering manned guarding and investigative services on a national level. Triabacus represented APG Security in the transaction. Terms of the deal were not disclosed.

“APG Security’s talented management team has built a reputable business offering top-of-the-line security services on a national level,” Jones said. “This acquisition is part of our long-term plan to continue to provide unmatched depth of resources into local markets around the country.”

APG Security has been protecting businesses and people for more than 42 years, providing its clients with highly trained uniformed security officers, residential and commercial security and special events.

“This acquisition will result in an increase in security service offerings and expanded geographic reach for our clients,” APG Security CEO, Dennis M. Kelly, said in the announcement. “In addition, Allied Universal will offer our elite team of security professionals more opportunities for career management, trainings and growth.”

Allied Universal now has more than 215,000 employees and revenues at more than $7.5 billion, with offices located throughout the nation as well as internationally (Canada, Mexico and United Kingdom).