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Sunday, April 7, 2013

ALLEGIANCE SECURITY ACQUIRED BY UNIVERSAL PROTECTION SERVICE

Universal Protection Service Acquires Allegiance Security Group from Trivest Partners, LP

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Published: Tuesday, Apr. 2, 2013 - 1:02 pm


/PRNewswire/ -- Universal Protection Service, a division of Universal Services of America and one of the largest providers of security services in the U.S., is excited to announce that they have acquired Allegiance Security Group from Trivest Partners, LP. Since 1991, Allegiance Security Group has been a significant presence throughout the Southeast, as well as providing premiere security services to a number of sensitive sites as a U.S. General Services Administration (GSA)-approved vendor for the federal government.
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"With the acquisition of Allegiance, Universal Protection Service now becomes one of the largest manned security providers in the Southeast," said Steve Jones, Co-CEO and COO of Universal Services of America. "The strategic importance of this acquisition for Universal Protection Service is tremendous, as it will allow us to deliver additional services and increased value to all of our clients located throughout the Midwest and Southeast."
The acquisition of Allegiance Security Group will expand Universal's security force in numerous new states, including Puerto Rico and the U.S. Virgin Islands, and will allow Universal to provide additional security solutions for their clients.
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"We have enjoyed working with the dedicated and hard working staff at Allegiance," said Jamie Elias, Trivest Partner and Chairman of Allegiance Security Group. "We are confident that Allegiance's partnership with Universal will yield a great outcome for both organizations. Universal was a pleasure to work with on this transaction and we sincerely appreciate their hard work to get the deal across the finish line."
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"We are proud to include and welcome Allegiance into our company," said Brian Cescolini, Chairman and Co-CEO of Universal Services of America. "In addition to the government sector, the company also has premium clients throughout the U.S., which will add to our existing infrastructure and build our density strategy in all of our operational branches."
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Universal Protection Service is the 5th largest security company and the largest private security firm in the U.S. Universal Protection Service is a division of Universal Services of America, which includes Universal Building Maintenance, Universal Protection Security Systems and Universal Fire/Life Safety Services.
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As they move ahead with their recent expansion, Universal looks forward to continuing to provide their clients with the best security solutions, personalized customer service and unmatched value available.
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Dave Israel
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