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Allied Universal Makes 3 More Buys

Santa Ana-based Allied Universal, the world’s biggest private security firm, announced three more acquisitions.

The largest of the three companies, International Protective Service Agency, is based in New York City where its 350 employees provide security and event services in the area.

“I’m excited to welcome the IPSA employees to the Allied Universal team,” Global Chairman and CEO Steve Jones said in a statement. “With a shared focus on customer service and integrated security solutions, I look forward to a seamless transition.”

The other two companies are CQB Beveiliging B.V., which provides patrol and response services in the Netherlands, and Kronjyllands Vagtservice A/S, a local patrol and response business in Denmark.

During the first half of 2022, Allied Universal announced seven acquisitions – three in North America and four internationally. In 2021, Allied Universal acquired 10 companies, including G4S, which helped the company more than double in size to 800,000 employees and a $20 billion annual run rate in revenue.

 

 

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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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