Allied Universal, a security and facility services company in North America, recently announced the acquisition of SecurAmerica — a privately held, Atlanta-based security company with 49 offices located throughout the United States. Terms of the deal were not disclosed.
SecurAmerica was founded by Frank Argenbright, a Georgia entrepreneur who, over the past 40 years, has built both security and facilities management companies with operations around the world, beginning with Argenbright Security in 1979. In 2005, Argenbright launched SecurAmerica with the goal of becoming the first US-based, privately held security company to compete globally. His company now operates in over 100 markets with revenues exceeding $467 million and more than 13,500 employees.