Allied Universal has declared a summary of details of its 2024 merger and acquisition (M&A) activities. In 2024, the company closed six transactions with aggregate annual revenues totaling more than $240 million.
The acquired companies represent various security service lines in regions around the world and were made up of:
● JE Security from Barbados, Unified Command from the US and ISX based in the Netherlands which were completed in May 2024;
● AIM Investigations an insurance claim investigations company from Australia was closed in November 2024; and,
● In December 2024, the company completed the transactions for Brosnan, a guarding company, and Briger Security a K-12 school security and traffic management specialist, both from the USA.
“While strategic M&A has been an important contributor to our overall growth over the years, we continue to be selective in our assessment of potential deals given the high interest rate environment,” said Steve Jones, global chairman and CEO of Allied Universal. “In 2024, we acquired six companies that continue our domestic and international expansion and provide additional opportunities in Asia Pacific, Caribbean, Europe, as well as the U.S.
As the acquirer of choice in the global security sector, we are excited to add these businesses to the team. Combining our areas of expertise enables Allied Universal to deliver the most advanced security solutions to help safeguard more businesses, schools and communities around the world.”
