Guarding Firm Protos Security Acquires Mulligan Security

Mulligan Security’s founder and president, and the company’s senior leadership team, will remain with Protos post-close.

NORWALK, Conn. — Security Services Holdings, dba Protos Security, a leading tech-enabled guarding and security services company based here, has acquired Mulligan Security.

Protos is a portfolio company of private equity firm Southfield Capital.

“Mulligan Security is an iconic trade brand in the security services industry. This acquisition greatly accelerates the growth of our self-perform direct guard capabilities,” says Protos Security CEO Nathaniel Shaw.

He continues, “With an impressive roster of blue-chip customers across many industries, the addition of Mulligan further diversifies Protos and makes us an attractive security services partner to customers such as real estate firms, schools, and corporate institutions. Kevin Mulligan and his talented team are a great fit with our service-first culture.”

Mulligan Security’s founder and president, Kevin Mulligan, and the company’s senior leadership team, will remain in their existing roles post-close.

“I’m thrilled to partner with Protos and Southfield Capital to ensure the continuation of the Mulligan service commitment and growth track record. We look forward to working with Nathaniel and the Protos team to further tech-enable our business and continue to delight customers as we have for decades,” says Mulligan. “I know that our leadership position as the premier security services and fire and life-safety provider in New York City and the Tri-State area will only expand in partnership with Protos.”

Andy Cook, partner at Southfield Capital, explains the firm hase been working to expand the self-perform direct guard and fire safety capabilities for the Protos platform since its investment almost two years ago.

“The combination creates a formidable national player, establishing us as one of the largest security firms in the country, and reinforces our commitment to our clients to provide greater program flexibility and intelligence and high-quality services driven by our technology platform and breadth of experience,” Cook says.

By continuing to invest in its management team, technology and service capabilities, Protos is more aggressively positioned in the security marketplace, according to an announcement.

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