Allied Universal Acquires Guarding Specialist Shetler Security Services
The acquisition bolsters Allied Universal’s service area territories in Arizona, California, Minnesota, Colorado, Texas, Nevada, New Mexico and Montana.
Shetler Security Services clientele includes widely recognized financial institutions. The firm was acquired by Allied Universal for undisclosed terms.
SANTA ANA, Calif. — Allied Universal, a leading security and facility services company, has acquired Shetler Security Services, a Phoenix, Ariz.-based company offering security solutions on a national level.
Terms of the deal were not disclosed.
“The acquisition of Shetler Security Services aligns perfectly with our long-term strategic plan of adding exceptional security professionals and valuable resources into local markets around the country,” states Steve Jones, CEO of Allied Universal. “Together, we will bring fantastic opportunities to Shetler Security Services clients and employees with the goal of delivering innovative security solutions to all.”
Founded in 2007, Shetler Security Services offers the implementation of armed, unarmed and patrol security services for a premier client base that includes widely recognized financial institutions within the United States, according to an announcement.
With revenues in excess of $22 million and more than 525 employees, the company provides security services in Arizona, California, Minnesota, Colorado, Texas, Nevada, New Mexico and Montana. Shetler Security President/Owner Mike Shetler will join Allied Universal as a consultant.
“The combination of our two companies will provide significant benefits for our clients, including access to Allied Universal’s highly advanced technology solutions,” Shetler says.
Shetler Security Services was represented by Bruce H. Keeling with Blitstein in the transaction.
Allied Universal staffs more than 215,000 employees and reports revenues over $7.3 billion. The company has offices located throughout the United States and internationally (Canada, Mexico, United Kingdom, Honduras and Nicaragua). Allied Universal’s end customers cover multiple specialty sectors such as higher education, healthcare, retail, commercial real estate, government and corporate campuses.
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