Allied Universal, a security and facility services company in North America, today announced the acquisition of Phoenix Systems & Service Inc. (PSSI), a full service security systems integrator providing solutions to customers in Chicago and across the nation. Terms of the deal were not disclosed.
“The acquisition of Phoenix Systems & Service will help us expand our technology services business in Illinois and nationally,” said Steve Jones, Allied Universal CEO. “Phoenix Systems has a strong history of more than 28 years of delivering top-notch service within multiple vertical markets, especially commercial real estate.”
PSSI, with revenues exceeding $16 million and 35 employees, is known as one of the premier integrators for access control, digital video, optical turnstiles and intercom systems in the nation. The company provides a complete turnkey installation including system design, project management, conduit, wiring, training, IT support and system service and maintenance.
“We are truly excited about this opportunity for our employees to become an integral part of Allied Universal as our business culture and expertise are a perfect match,” said Daniel Gardner, president of Phoenix Systems & Service, and consultant to Allied Universal. “I wanted to personally thank all of our employees for their hard work, dedication and commitment to offering superior service to our customers each and every day.”
PSSI’s diversified customer base includes several global entities and Fortune 500 companies. The company has a long history of excellent labor relations including unionized field installers, which presents a competitive advantage in the marketplace.
PSSI was represented by financial advisor Sandra Jones and Company in the transaction.