M&A Deal Summary

Protos Security Acquires ControlByNet

On August 30, 2022, Protos Security acquired safety/security company ControlByNet

Acquisition Highlights
  • This is Protos Security’s 4th transaction in the Safety/Security sector.
  • This is Protos Security’s 4th transaction in the United States.
  • This is Protos Security’s 1st transaction in Georgia.

M&A Deal Summary

Date 2022-08-30
Target ControlByNet
Sector Safety/Security
Buyer(s) Protos Security
Deal Type Add-on Acquisition

Target

ControlByNet

Norcross, Georgia, United States
ControlByNet develops cloud and managed video surveillance solutions that protect properties using innovative software to enable single sign-on, 24/7 access from any device, standardization across locations, and future-proof software. It also protects assets and people with remote guarding options. An agile software approach allows the company to shift as remote guarding needs are everchanging. ControlByNet was formed in 2001 and is based in Norcross, Georgia.

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Buyer(S) 1

Buyer

Protos Security

Norwalk, Connecticut, United States

Category Company
Founded 2006
Sector Safety/Security
DESCRIPTION

Protos Security provides end-to-end security guard management services backed by a service-first culture and an ongoing commitment to innovation. Protos Security was founded in 2006 and is based in Norwalk, Connecticut.


DEAL STATS #
Overall 4 of 7
Sector (Safety/Security) 4 of 7
Type (Add-on Acquisition) 4 of 7
State (Georgia) 1 of 1
Country (United States) 4 of 7
Year (2022) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-05 Off Duty Services

Katy, Texas, United States

Off Duty Services is a managed services provider of off-duty officers to its Fortune 500 clients and has the largest network of off-duty officers in the country. The Company services its national customer base across diverse end markets and enables customers to outsource the burden associated with managing, procuring, scheduling, and insuring off-duty officers. Off Duty Services was formed in 2002 and is based in Katy, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-13 MG Security Services

New York, New York, United States

MG Security Services is a full-service security and risk mitigation firm with highly trained and experienced protection professionals. The company specializes in physical and cyber security, private detective investigations, and event services. MG Security Services is headquartered in New York City.

Buy -