Allied Universal Expands Technology Services Division, Acquires Midstate Security
Allied Universal, a security and facility services company in North America ranked No. 6 on SDM’s Top Systems Integrators Report, today announced the acquisition of Midstate Security, a fully integrated electronic security and monitoring systems company based in Wyoming, Mich., and ranked No. 37 on the Report. Terms of the deal were not disclosed.
“The addition of Midstate is the first of many steps we are taking to build out our technology services business following our platform acquisition of Securadyne Systems earlier this year,” said Steve Jones, CEO of Allied Universal. “This acquisition is an important part of our broader strategy to leverage technology across our entire business footprint.”
Midstate Security, with revenues exceeding $20 million and 89 employees, is known for providing innovative security solutions and world class customer service throughout Michigan and the Midwest. Founded in 1980, the company designs, installs, services and maintains security systems for a wide variety of customers. It also provides an array of remote services from its UL listed central station in Wyoming, Mich.
“Allied Universal aligns perfectly with Midstate’s mission and overall customer service philosophy,” said David Nemmers, CEO of Midstate Security. “I am extremely proud of our employees and what we have built, and I am excited about the future growth potential offered by Allied Universal for them and our customers.”
Midstate Security will expand the company’s Allied Universal Technology Services division, which provides electronic access control, video surveillance, fire/life safety, alarm monitoring, emergency communications, hosted/managed services and a variety of Global Security Operating Center (GSOC-as-a-Service) offerings.
“Midstate’s ability to expand our geographic reach into the Midwest, as well as their enterprise-class delivery capabilities, are both strategically important additions to our business,” said Carey Boethel, president of Dallas-based Allied Universal Technology Services. “We are excited to be partnering with such a great team as we continue to grow and expand across the U.S.”
Midstate Security was represented by Barry Epstein of Vertex Capital Corp. and the law firm Rhoades McKee PC in the transaction.