M&A Deal Summary

Allied Universal Acquires U.S. Security Associates

On July 16, 2018, Allied Universal acquired safety/security company U.S. Security Associates from Goldman Sachs Merchant Banking for 1.0B USD

Acquisition Highlights
  • This is Allied Universal’s 9th transaction in the Safety/Security sector.
  • This is Allied Universal’s 2nd largest (disclosed) transaction.
  • This is Allied Universal’s 8th transaction in the United States.
  • This is Allied Universal’s 1st transaction in Georgia.

M&A Deal Summary
Date 2018-07-16
Target U.S. Security Associates
Sector Safety/Security
Buyer(s) Allied Universal
Sellers(s) Goldman Sachs Merchant Banking
Deal Type Add-on Acquisition
Deal Value 1.0B USD
Advisor(s) Goldman Sachs (Financial)
Fried Frank Harris Shriver & Jacobson LLP (Legal)

Target

U.S. Security Associates

Roswell, Georgia, United States
website
U.S. Security Associates, Inc. is a security and facility services company with over 160,000 employees, provides unparalleled security services and solutions. With headquarters in Santa Ana, Calif., and Conshohocken, Pa., Allied Universal combines people and technology to deliver evolving, tailored solutions that allow our clients to focus on their core business. An unrelenting focus on clients’ success creates partnerships rooted in quality and value, and is supported by experience gained from being in business for over 60 years. Through our people and leading services, systems and solutions.

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Buyer(S) 1

Buyer

Allied Universal

Santa Ana, California, United States

website

Category Company
Founded 2016
Sector Safety/Security
DESCRIPTION

Allied Universal is a facility services company and the largest security services provider in North America. The company provides unparalleled security services and solutions to serve, secure and care for the people and businesses in our communities. It combines people and technology to deliver tailored solutions that allow clients to focus on their core business, achieve goals, seize opportunities and exceed stakeholder expectations. Allied Universal was formed in 2016 and is based in Santa Ana, California.

DEAL STATS #
Overall 9 of 24
Sector (Safety/Security) 9 of 23
Type (Add-on Acquisition) 5 of 20
State (Georgia) 1 of 1
Country (United States) 8 of 19
Year (2018) 2 of 3
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-05 Covenant Security Services

Philadelphia, Pennsylvania, United States

Covenant Security Services Ltd. is a provider of security services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-26 Andrews International

Valencia, California, United States

Andrews International is a provider of private security and risk mitigation services to the entertainment, high-end retail, financial services, commercial property management, and education verticals.

Buy -

Seller(S) 1

SELLER

Goldman Sachs Merchant Banking

New York, New York, United States

website

Category Private Equity Firm
Founded 1986
PE ASSETS 155.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Goldman Sachs Merchant Banking Division is the investment arm of Goldman Sachs. The primary corporate investment group within the Merchant Banking Division is Goldman Sachs' direct investment arm. GS's direct investment arm consists of GS Capital Partners, GS Mezzanine Partners, and GS Growth Partners. GS Capital Partners is the direct corporate equity investment group which seeks LBO, recapitalization, and growth investments to help fund acquisitions, expansions, recapitalizations, restructurings, buyouts, and take privates. GS Capital Partners looks to invest between $50 and $800 million in opportunities in North/South America, Europe, Asia. GS Mezzanine Partners is the junior capital arm of Goldman Sachs. GS Mezzanine looks to invest between $200 million and and $800 million in transactions valued up to $10 billion. Investment proceeds are used to fund leveraged buyouts, expansion financings, recapitalizations, acquisitions, and restructurings. GS Growth looks to invest in growth equity transactions. The unit seeks to commit $20 to $200 million per investment. Other units within GS's merchant banking division include Real Estate, Infrastructure, and Urban Investments. Goldman Sachs Merchant Banking Division is based in New York City.

DEAL STATS #
Overall 81 of 108
Sector (Safety/Security) 2 of 2
Type (Add-on Acquisition) 24 of 36
State (Georgia) 1 of 2
Country (United States) 57 of 77
Year (2018) 5 of 6
Size (of disclosed) 21 of 31
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-11 Boyd

Modesto, California, United States

Boyd Corp is a designer, manufacturer, marketer, and distributor of extruded, die-cut, and molded flexible rubber and plastic components and sealing systems for industrial applications. The business has a history of design and manufacturing innovation related to sealing systems and applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-15 SugarCRM

Cupertino, California, United States

SugarCRM is a CX (customer experience) platform, enabling businesses to create profitable customer relationships by delivering highly relevant, personalized experiences throughout the customer journey. The easy-to-use, intuitive platform makes CX easy and accessible for everyone, allowing marketing, sales and services professionals to focus on high-impact, value-adding activities that create customers for life. SugarCRM was founded in 2004 and is based in Cupertino, California.

Sell -
Mergr

Product

Company

Legal