Conshohocken’s AlliedBarton Security Services Merges with California Company

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Allied

AlliedBarton Security Services, based in Conshohocken, has announced its merger with Universal Services of America, which operates out of Santa Ana, Calif., writes Alison Burdo of the Philadelphia Business Journal.

The new company will be named AlliedUniversal and offer more than 140,000 security guards, technological security solutions, and other services that include janitorial and emergency preparedness.

“This merger will drive compelling opportunities for both our employees and clients, creating an organization that is well-positioned for continued growth,” Bill Whitmore, CEO of AlliedBarton, said in a statement.

According to Burdo, Whitmore will serve as the chairman of AlliedUniversal’s board. Universal Services CEO, Steve Jones, will be CEO of the combined company.

Estimates are that the new firm will have total annual revenues of approximately $4.5 billion.

Less than six months ago, Wendel, a French-based investment firm, completed its $1.68 billion acquisition AlliedBarton. Growing its security segment was an important goal.

“Our initial investment thesis in AlliedBarton Security Services was based on the vision of a consolidating American security industry,” said Frédéric Lemoine, chairman of Wendel’s executive board.

Click here to read more about AlliedBarton’s merger with Universal Services of America in Philadelphia Business Journal.

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