Protos Security Enhances Focus on Managed Services with Mulligan Security Divestiture
In a significant strategic move, Protos Security, a leader in tech-enabled managed services in the security sector, has successfully completed the divestiture of Mulligan Security, including its associated MG Security Services. The transaction, which concluded on July 3, 2025, has paved the way for Protos to sharpen its focus on advancing its managed services capabilities across North America.
This divestiture reflects Protos' commitment to its long-term strategy of amplifying investments in areas that promise high growth while ensuring a modern, data-driven security experience for its customers. Mark Hjelle, the CEO of Protos Security, emphasized that this divestiture allows the company to concentrate its efforts on providing a superior customer experience through its unique supplier-managed model. Hjelle stated, "With the divestiture of Mulligan, Protos will be laser-focused on driving a superior customer experience across its national footprint through our supplier managed model."
Protos Security is recognized for its extensive North American supplier network of guarding and off-duty service providers, enhanced by specialized security and remote video solutions. This strategic decision aims to reinforce Protos' positioning as the premier tech-enabled managed services provider, improving operational transparency, flexibility, and cost control for its clients.
The move is also anticipated to bolster Protos’ capability to innovate and expand within the managed services security domain. Anthony Escamilla, CFO of Protos, remarked, "This transaction allows us to sharpen our strategic focus and reinvest in the areas where we deliver the most value. By doubling down on our tech-enabled model, we're better positioned to innovate, scale and provide exceptional performance and results in the managed services security space."
In a rapidly evolving security landscape, maintaining a cutting-edge approach is vital. Protos Security’s commitment to embracing technology and operational efficiency aims to deliver measurable outcomes for clients while adapting dynamically to various security needs. Protos prides itself on never settling and continually improving, tailoring services that suit the ever-changing demands of security management.
The divestiture of Mulligan Security not only allows Protos to consolidate its resources and capabilities but also signals to the market a refined focus on its core competencies. With this realignment, Protos is set to harness innovative solutions and advanced data analytics, fostering a proactive approach to client security programs.
As the security industry increasingly shifts toward data intelligence, Protos Security’s enhanced focus on managed services signifies a crucial adaptation to consumer needs and marketplace demands. Their modern security platform delivers unparalleled staffing, training, and accountability, enabling a seamless client experience across all service lines.
To summarize, Protos Security's strategic divestiture of Mulligan Security marks a transformation aimed at refining its service offerings and strengthening its leadership in the tech-enabled security market. This significant shift aligns with Protos' vision of delivering an exceptional and dynamic security service for its clients, setting the stage for sustained growth and innovation in a competitive marketplace.
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