Allied Universal, a national facility services company and security force with more than 150,000 employees, has acquired the security services portion of Yale Enforcement Services, Inc., a Belleville, Ill.-based company that offers a full range of solutions, including uniformed security professionals, mobile patrol, physical security and life safety. Terms of the deal were not disclosed.
“What we really liked about Yale is that they do very strong business in the healthcare vertical, and that business is spread throughout multiple regions,” Allied Universal CEO Steve Jones told Security Systems News. “And we feel we have a variety of really good service offerings to offer in that vertical.”
Yale was also looking to provide ancillary services such as electronic security systems and security technology, an area “that we are highly committed to, so we feel those customers will fit very nicely into our organization,” said Jones. “Also, our service offerings that we have will not only enhance the relationship but also be something that the customers are excited about and embrace.”
Yale Enforcement's 1,800-plus employees serve a range of vertical markets including healthcare, manufacturing, industrial, warehouse/distribution, commercial real estate and retail throughout the Central, Midwestern and Southern states.
"Allied Universal sets the industry standard for professionalism and we know our security services clients will be well taken care of," Barbara Yale, president and CEO, Yale Enforcement said in a prepared statement.
On the acquisition front, the company “will continue to be inquisitive in 2017,” said Jones. “We plan on making at least one but hopefully two, sizable acquisitions in the security systems space by the end of the year as well.”
With the mega-merger in August between Allied Barton and Universal Services of America, 2016 was a very busy and successful year for the combined companies.
“We are now fully integrated, so we are completely rebranded and integrated,” said Jones. “We achieved the goal of doing that is six months and also made three other acquisitions and got some good mid-single digit organic growth, so we are pretty excited about all of that. In 2017, we project that we will end the year in 2017 somewhere between $5.2 - $5.3 billion in revenues and that is without any additional acquisitions.”
Allied Universal also announced a partnership with the Clery Center, a national, non-profit training and policy organization dedicated to creating safer campus communities, to develop video-based training tools for line campus public safety personnel. The roll-call training program for campus public safety and security professionals is scheduled to be released during National Campus Safety Awareness Month in September.
As a leading security services provider to the Higher Education sector, Allied Universal services nearly 200 colleges and universities at over 500 campus locations nationwide.