Allied Universal boosts growth in Europe (2024)

Open-access contentFacilitate TeamWednesday 22 June 2022

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Allied Universal boosts growth in Europe (1)

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Security and facilities services provider Allied Universal has bolstered its global expansion with the acquisition of three companies – two in Europe and one in the US.

The two European firms, claimed US-based Allied Universal, will bring “expanded density and scale to existing patrol and response divisions of Allied Universal’s international business, G4S”.

CQB Beveiliging B.V. (CQB) provides patrol and response services to customers in the Netherlands. This will strengthen G4S Netherlands’ business in Eindhoven in the south-west of the country.

Kronjyllands Vagtservice A/S (KRV) is a local patrol and response business that will enhance existing services to customers in Denmark.

The largest of the new acquisitions, New York City-based International Protective Service Agency, supplies security and event services for clients throughout the states of New York and New Jersey. Jerry Heying, the firm’s founder-owner and 350 employees will join the Allied Universal team.

Steve Jones, Allied Universal’s global chairman and CEO, said: “Allied Universal is the global leader in security services with a long and successful track record of organic and inorganic growth in North America and now internationally. These strategic acquisitions expand our global footprint and allow us to continue providing value to the customers and communities we serve throughout the world.”

During the first half of 2022, Allied Universal announced seven acquisitions – three in North America and four internationally. In 2021, Allied Universal acquired 10 companies, including G4S.

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Allied Universal boosts growth in Europe (2024)

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