PE-backed Allied Universal buys Source Security & Investigations

Allied Universal has bought Source Security & Investigations, a Halifax-based provider of security services, including uniformed security professionals and technology solutions. No financial terms were released. Allied Universal, a U.S. facility and security services provider, said the acquisition will expand its presence in Canada. Allied Universal was formed in August through the merger of AlliedBarton Security Services and Universal Services of America. Private equity backers of the latter two companies, Warburg Pincus, Partners Group and Wendel SE, have stakes in the new business.

8 November 2016•2 mins read
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