Tag: Warburg Pincus and Partners Group
Guard merger to produce $4.5b 'AlliedUniversal'
May 4, 2016Martha Entwistle
CONSHOHOCKEN, Pa. and SANTA ANA, Calif.—AlliedBarton Security Services and Universal Services of America on May 3 announced a plan to merge, creating AlliedUniversal, a guard company with $4.5 billion in revenues and 140,000 officers.AlliedUniversal is expected to realize “approximately $100 million in synergies,” according to the announcement.Asked about the synergies, Bob Perry, president of Robert H. Perry & Associates, a business consultant who specializes in the guarding industry,...