AlliedBarton

Last updated

AlliedBarton
Company type Private
Industry Security
Founded1957
Pittsburgh, Pennsylvania, U.S.
Defunct2017 (2017)
FateMerged with Universal Services of America
Successor Allied Universal
Headquarters Conshohocken, Pennsylvania,
U.S.
Website alliedbarton.com
(archived 2013)

AlliedBarton was a security company based in Conshohocken, Pennsylvania a suburb of Philadelphia. The company was founded in 1957 as Allied Security. In 2016 it merged with a security and janitorial services company, Universal Services of America of Santa Ana, California forming Allied Universal. [1] [2]

Contents

History

AlliedBarton began as Allied Security in 1957 in Pittsburgh, a provider of contracted security guards and related services. [3]

In 2000, King of Prussia, Pennsylvania-based Spectaguard acquired Allied Security and took on the Allied Security name. [4] The new company was reportedly the fourth largest security company in the United States, as well as the largest privately held security company in the U.S. [5]

In 2004, Allied Security acquired Security Systems Inc. (SSI) of Malden, Massachusetts north of Boston and Atlanta-based Barton Protective Services to form AlliedBarton Security Services-creating the largest American-owned contract security services company in the United States. [6] In 2004 and also in 2008, Allied Barton bid but failed to acquire M & M Investigations & Enforcement Bureau of Toledo, Ohio. In 2006, AlliedBarton acquired San Antonio, Texas-based Initial Security, a guard company, for $73.6 million. [7] In 2008, The Blackstone Group of New York City acquired AlliedBarton, for an undisclosed amount. [8] In July 2015, Paris-based private investment firm Wendel acquired AlliedBarton from The Blackstone Group for US$1.67 billion. [9]

In 2016, AlliedBarton and Universal Services of America merged to form Allied Universal. In February 2017, the company officially began operations under its new name. After the merger, Allied Universal is considered to.be the largest security company in North America. [10]

Services

AlliedBarton provided uniformed security services. [1]

References

  1. 1 2 "How the nation's largest security-guard firm adapts to changing threats". LA Times. August 4, 2016. Retrieved January 18, 2021.
  2. ↑ "Universal Services to Merge". OCBJ. May 3, 2016. Retrieved January 18, 2021.
  3. ↑ Bray, Chad (June 30, 2015). "Wendel Agrees to Acquire AlliedBarton Security for $1.67 Billion". The New York Times. ISSN   0362-4331 . Retrieved January 18, 2021.
  4. ↑ "Allied-SpectaGuard changes name". Philadelphia Business Journal. August 16, 2000. Retrieved January 28, 2021.
  5. ↑ "COMPANY NEWS; SPECTAGUARD SAYS IT HAS ACQUIRED ALLIED SECURITY". The New York Times. March 3, 2000. ISSN   0362-4331 . Retrieved January 19, 2021.
  6. ↑ "Allied Security to acquire Barton Protective Services - Atlanta Business Chronicle". Atlanta Business Chronicle. May 24, 2004. Retrieved January 18, 2021.
  7. ↑ "AlliedBarton to buy Initial | Security Systems News". Securitysystemsnews.com. August 1, 2001. Retrieved January 18, 2019.
  8. ↑ "Blackstone Nabs AlliedBarton". The New York Times. July 28, 2008. Retrieved January 18, 2021.
  9. ↑ "French firm buys another Phila. co.: $670M+debt for AlliedBarton". Philadelphia Inquirer. July 1, 2015. Retrieved January 19, 2021.
  10. ↑ Cosgrove, Anne (August 1, 2016). "New Allied Universal Formed, Offers Security Services". Facility Executive - Creating Intelligent Buildings. Retrieved February 1, 2017.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.