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Santa Ana’s Allied Universal, the biggest private security firm in the U.S., today said it acquired a San Francisco-based firm with more than $40 million in annual sales and 1,300 employees.
Cypress Private Security LP provides armed and unarmed uniformed officers, mobile patrols, loss prevention programs and emergency security consulting. Terms weren’t disclosed.
Chief Operating Officer Jonas Tegnerud will be joining Allied Universal as director of operations in the Northwest region.
Cypress Private Security was represented by Bob Perry with Robert H. Perry & Associates Inc. in the transaction.
Allied Universal Chief Executive Steve Jones has built the company to 215,000 employees and revenue of more than $7.3 billion.