Allied Universal and SOS Security to merge
Parsippany, NJ-based SOS Security was founded in 1969, operates in five countries and employs approximately 15,000 people.
According to the merger announcement, the joint company will have a combined workforce of more than 230,000 employees and will offer services that include: integrated technology solutions, intelligence analysis, risk management, investigations, personal protection, disaster/emergency response, crowd management and event staffing.
“I am thrilled to welcome Edward Silverman — one of the most highly regarded leaders of the security industry — and the SOS Security team to the Allied Universal family,” said Steve Jones, CEO of Allied Universal, in a statement. “Like Allied Universal, SOS Security has built a renowned and respected brand of security services. Now, working together, we will be able to combine the best of both brands to elevate security services, the breadth and reach of capabilities and opportunity to provide new security solutions.”
Silverman, CEO and founder of SOS, will serve as co-chairman of the executive committee and advisor to the board of directors.
“Delivering personalized services, whether operating under a billion or at $10 billion, has always been my mission,” said Silverman. “As part of Allied Universal, and with shared values and purpose, we have a remarkable opportunity to bring specialized security services that reflect client priorities and attract the best resources and strategic partners to the industry.”
Allied Universal made two other acquisition announcements this month: Chicago-based systems integrator Advent Systems and New Orleans, La.-based Vinson Guard Service.