Allied Universal®, a security and facility services company in North America, announced the acquisition of Phoenix Systems & Service, Inc. (PSSI) - a full service security systems integrator providing security 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, CEO of Allied Universal. “Phoenix Systems has a strong history of more than 28 years delivering top-notch service within multiple vertical markets, especially commercial real estate.” Access Control, Digital Video, Optical Turnstiles Integrators We are truly excited about this opportunity for our employees to become an integral part of Allied Universal" 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. History of labour relations “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, Inc., who will become a 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 labour relations including unionised field installers, which presents a competitive advantage in the marketplace. PSSI was represented by financial advisor Sandra Jones and Company in the transaction.
Sandra Jones, founder of Sandra Jones and Company (“SJ&Co”), announced her retirement after 45 years in the security industry, including serving on the Board of Directors of the Security Industry Association (SIA) for 39 years. Sandy co-founded and produced the Securing New Ground Executive Conference and created The International Security Conference’s (ISC) New Product Showcase. Sandy has been honoured with many industry accolades including PSA’s Marcus Award, SIA's President's and Lippert Awards, SS&I's Hall of Fame and Security's Top 25 People in the Security Industry. Security industry veteran Fifteen years after founding one of the industry's first wholesale distribution companies, Sandra founded SJ&Co. SJ&Co became the most trusted security industry resource and consulting firm in the industry. Charles Durant, who joined SJ&Co in 2014, will take over the practice as Managing Director. Durant, former President of the GE Security & Life Safety Group and SIA Board Member, has been involved in the security industry for 30 years. Durant has refocused SJ&Co on M&A Advisory Services (both sell-side and buy-side), Valuations, and Exit Planning. I have never hesitated referring our members to Sandra Jones and Company for guidance and advice" Security consultants “Choosing someone to run the company took careful consideration and it raised the bar when my reputation and name were at stake. After working with SJ&Co clients for the past five years, it became clear he was the right person to lead SJ&Co going forward,” said Sandy. Bill Bozeman, CEO of PSA Security Network, stated “I have never hesitated referring our members to Sandra Jones and Company for guidance and advice. So when we needed assistance with acquisitions of USAV and CI Edge, my first call was to Sandy Jones." Acquire USAV and CI Edge He adds, “The involvement of Sandy’s associate Charles Durant, in structuring and negotiating aspects of the deal was invaluable. Acquiring a business requires knowledge and skill sets that differ greatly from my day job of leading PSA Security Network. Consequently, when dealing with the opportunity to acquire USAV and CI Edge I knew we had to call in outside help. I can whole-heartedly tell you that it was worth the investment. “