Allied Universal to Acquire Threat Protection Specialist MSA Security
MSA Security is a provider of comprehensive threat protection solutions to clients nationwide, including explosive detection canine teams.
MSA is said to lead the security industry in explosive mitigation utilizing nearly 700 explosive detection canine teams deployed around the world. (facebook.com/MSA-Security)
SANTA ANA, Calif. — Allied Universal, a global security and facility services company, has reached a definitive agreement to acquire New York-based MSA Security from GreyLion, a middle market private equity firm, for undisclosed terms.
MSA is a provider of comprehensive threat protection solutions to clients nationwide, including K9 security services.
“The acquisition of MSA Security will not only expand our K9 program on a local and national level but will also increase our security resources around the world,” says Steve Jones, global chairman and CEO of Allied Universal. “For more than 30 years, MSA Security has achieved success through its strong customer relationships, expertise and reliable service. This acquisition aligns perfectly with our strategic goals for identifying strong and high performing companies that offer vast services and are continuing to grow.”
Founded in 1987, the acquired company mitigates threats with solutions and expertise to protect personnel and property. With revenue approaching $200 million, MSA is said to lead the security industry in explosive mitigation utilizing nearly 700 explosive detection canine teams deployed around the world.
MSA’s full suite of services includes specialized armed and unarmed security operatives, 24/7 strategic threat monitoring, specialized investigations, security training and security consulting.
“MSA Security has experienced incredible growth in the last five years. During our partnership with GreyLion, we nearly quadrupled our revenue,” says Glen Kucera, MSA Security’s CEO. “We are excited to further recognize our full potential by combining with another industry leader and I look forward to partnering with Steve Jones and his team. Becoming part of an organization with the resources, technology focus, and depth of service that Allied Universal offers will allow MSA to expand on its success as the preeminent explosive detection canine business worldwide.”
Baird acted as financial advisor to MSA on the transaction. Latham & Watkins acted as legal advisor to MSA. Sheppard, Mullin, Richter & Hampton acted as legal advisor to AlliedUniversal.
If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!
Related Content
Security Is Our Business, Too
For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Commercial Integrator + Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add to your bottom line.
A FREE subscription to the top resource for security and integration industry will prove to be invaluable.
