51.5 F
Laguna Hills
Thursday, Mar 28, 2024
-Advertisement-

Allied Universal Buys Bomb-Sniffing Dog Company

Santa Ana-based Allied Universal, the world’s largest private security company, said it’s acquiring MSA Security (MSA), which has nearly 700 Explosive Detection Canine teams worldwide. Terms of the deal were not disclosed.

New York City-based MSA, which has been owned by middle-market private equity firm GreyLion, has annual revenue approaching $200 million.

“The acquisition of MSA Security will not only expand our K9 program on a local and national level but will also increase our security resources around the world,” Steve Jones, global chairman and chief executive of Allied Universal, said in a statement.

In April, Allied Universal completed the acquisition of London-based G4S PLC, helping it triple its employee count to more than 800,000 employees and double its annual sales to $18 billion.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Previous article
Next article
-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-
-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-