Allied Universal Launches Global Acquisition Growth Strategy With First International Purchase Since G4s; Acquires UK-Based T.S.S.

CEO Says More Acquisitions and Financial News to Come as Allied Universal Continues Strategic Growth Across the Globe

Allied Universal continues its strategic growth as G4S Secure Solutions UK, an Allied Universal company, has announced the acquisition of T.S.S. (Total Security Services).  This purchase strengthens the company’s position as a major UK provider of security services, with industry leading talent, expertise and market coverage.

TSS, a family-owned business with over 6,500 front line staff providing service to some of the UK’s largest retailers, has more than $170 million in revenue.

“In the past 25 years, Allied Universal has grown from a $12 million company to a $20 billion company, becoming the global leader in security services,” said Steve Jones, Global Chairman and CEO at Allied Universal.

“TSS is the first major inorganic investment in our international business. Our team is reviewing additional opportunities in the US and internationally, and we look forward to continuing our acquisition growth strategy.”

Ashley Almanza, Executive Chairman, Allied Universal International commented

“We are delighted to welcome TSS to the Allied Universal family.  Allied Universal and TSS have compatible cultures and a common focus on innovation, technology and service excellence for our customers. We are confident that the combination of our UK security businesses will deliver tangible benefits for customers and employees and we look forward to working with the TSS leadership team to realize these benefits.”

Allied Universal provides proactive security services and cutting-edge smart technology to deliver tailored, integrated security solutions that allow clients to focus on their core business. visit www.aus.com

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Source: aus.com
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