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Allied Universal Makes 2 Acquisitions

Santa Ana-based Allied Universal, the nation’s biggest private security firm, announced it has made two more acquisitions.

Atlanta-based SecurAmerica has 49 offices, 13,500 employees and $467 million in annual sales. It was founded by Frank Argenbright, whose company operates in over 100 markets.

“I have personally known Frank for over 20 years,” Allied Chief Executive Steve Jones said in a statement. “He has accomplished so much in the security industry and to have an opportunity to bring SecurAmerica into Allied Universal is a huge personal achievement and a major strategic goal for the organization.”

Allied also said it acquired Waco, Texas-based Eagle Systems Inc., which has 210 security officers and revenue topping $10 million.

Allied Universal, which has 265,000 employees and $9.5 billion in annual sales, is in the process of acquiring London-based G4S for $5.1 billion. It would become the world’s seventh-biggest private employer with 750,000 employees and revenue topping $18 billion.

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Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.
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