Allied Universal to acquire U.S. Security Associates

Deal will expand geographic presence, enhance service offerings

CONSHOHOCKEN » Security and Facility services company Allied Universal, has announced that it plans to acquire U.S. Security Associates (USSA) from Goldman Sachs Merchant Banking Division. In a press release, Allied Universal said the acquisition will build on its position as a leading player in the security services industry.

Based in Roswell, Ga., U.S. Security Associates operates in the U.S. and internationally, providing national security services and global consulting and investigations. The company employs more than 50,000 and has revenues in excess of $1.5 billion, according to the release.

The transaction also includes the acquisition of Andrews International, the global arm of U.S. Security Associates.

When completed, the acquisition is expected to increase Allied Universal’s national presence and customer service capabilities and will also enhance the company’s presence in Canada, as well as expand its footprint to Central America and the United Kingdom, according to the release. U.S. Security Associates also provides Allied Universal with a sizable consulting and investigative division and event staffing business, StaffPro.

“I am excited to welcome the USSA team to the Allied Universal family,” Steve Jones, CEO of Allied Universal said in the release. “USSA has evolved into one of the leaders in the security industry over the years and provides a unique suite of security solutions to a wide array of clients across industry verticals. This transaction aligns with our long-term growth strategy of acquiring scalable businesses with significant potential when combined with the Allied Universal platform.”

Richard Wyckoff, president and CEO of U.S. Security Associates said the mergers is a “testament to the hard work and dedication” of the company’s employees.

“We have focused on worldclass customer service by providing innovative manpower and technological solutions to our clients. The industry has taken notice. I am very proud of what our team has accomplished and very excited that integrating our business with another industry leader will mean more growth opportunities and career advancement potential for our associates,” Wyckoff said in the release.

“We have been proud to support the Allied Universal team as they

have grown the business organically and through strategic and transformative acquisitions such as this one,” Chandler Joel Reedy, Managing Director of Warburg Pincus, a principal shareholder of Allied Universal, said in the release.

Wendel North America CEO David Darmon added, “As one of the two principal shareholders of Allied Universal, Wendel is supporting the company’s continued growth as the industry continues to evolve. This is consistent with our original investment thesis and we think will further enhance the company’s

leadership position.”

Allied Universal employs more than 150,000 professionals responsible for protecting more than 20,000 client sites across North America. Allied Universal was formed in 2016, when Universal Services of America merged with AlliedBarton Security Services.

Allied Universal has headquarters in both Conshohocken and Santa Ana, Calif. For more information visit www.aus.com.

For more information about U.S. Security Associates visit www.ussecurityassociates.com.