AlliedUniversal

From Wikipedia, the free encyclopedia
  (Redirected from AlliedBarton)
Jump to: navigation, search
Allied Universal Security Services
Private
Industry Security
Founded 1957
Pittsburgh, Pennsylvania, USA
Headquarters Conshohocken, Pennsylvania, USA
Area served
United States of America
Website www.aus.com

Allied Universal Security Services is a security officer company based in the United States. It is a combination of earlier companies - Barton Protective Services, Spectaguard, Initial and Allied Security.[1] By 2016, the company expects its merger with Universal Services of America to be finalized, with the newly formed conglomerate being named AlliedUniversal.[2][3][4]

History[edit]

Allied Security, Inc. was founded in 1957 in Pittsburgh, Pennsylvania. The company provided contracted security guards and related services.[5]

In 2000, Philadelphia, Pennsylvania-based, Spectaguard acquired Allied to form Allied Security and as a result became the fourth largest security company in the United States.[6] Three years later, in 2003, Allied Security acquired Professional Security Bureau.[7] Within a year, in 2004, Allied acquired Security Systems Inc. (SSI) of Malden, MA and Barton Protective Services to form AlliedBarton Security Services - creating the largest American-owned contract security services company in the United States.[8] Two years later, in 2006, AlliedBarton acquired Initial Security for $73.6 million.[9]

In 2015, Wendel, a Paris-based private-equity firm, acquired AlliedBarton Security Services for US$1.67 billion.[10][11]

In 2016, AlliedBarton and Universal Services of America announced their intention to merge, pending regulatory commission approval. The merger is expected to be completed by 2016, with the combined company being called AlliedUniversal. With this merger, AlliedUniversal will become the leading security company in North America.[12][13][14]

References[edit]

  1. ^ "Foreign Investments". 
  2. ^ "AlliedBarton Security Services and Universal Services of America to Merge to Create Leading Security Company in North America". www.prnewswire.com. Retrieved 3 May 2016. 
  3. ^ "AlliedBarton merging into largest U.S. guard firm (Updates)". Philly.com. Retrieved 3 May 2016. 
  4. ^ "Wendel Portfolio Company AlliedBarton Security Services to Merge with Universal Services of America to Create Leading Security Company in North America". www.morningstar.com. 3 May 2016. Retrieved 3 May 2016. 
  5. ^ Bray, Chad (2015-06-30). "Wendel Agrees to Acquire AlliedBarton Security for $1.67 Billion". The New York Times. ISSN 0362-4331. Retrieved 2016-04-21. 
  6. ^ "COMPANY NEWS; SPECTAGUARD SAYS IT HAS ACQUIRED ALLIED SECURITY". The New York Times. 2000-03-03. ISSN 0362-4331. Retrieved 2016-04-21. 
  7. ^ "Professional Security Bureau Ltd: Company Profile". Bloomberg. Retrieved 2016-04-21. 
  8. ^ "Allied Security to acquire Barton Protective Services - Atlanta Business Chronicle". Atlanta Business Chronicle. Retrieved 2016-04-21. 
  9. ^ "AlliedBarton to buy Initial | Security Systems News". www.securitysystemsnews.com. Retrieved 2016-04-21. 
  10. ^ "French firm to buy AlliedBarton Security". philly-archives. Retrieved 2016-04-21. 
  11. ^ Bray, Chad (June 30, 2015). "Wendel Agrees to Acquire AlliedBarton Security for $1.67 Billion". The New York Times. Retrieved August 19, 2016. 
  12. ^ "AlliedBarton Security Services and Universal Services of America to Merge to Create Leading Security Company in North America". www.prnewswire.com. Retrieved 3 May 2016. 
  13. ^ "AlliedBarton merging into largest U.S. guard firm (Updates)". Philly.com. Retrieved 3 May 2016. 
  14. ^ "Wendel Portfolio Company AlliedBarton Security Services to Merge with Universal Services of America to Create Leading Security Company in North America". www.morningstar.com. 3 May 2016. Retrieved 3 May 2016. 

External links[edit]