Protos Security Finalizes the Sale of Mulligan Security to Allied Universal
In a strategic move designed to bolster its growth trajectory, Protos Security, a renowned name in tech-enabled managed security services, has finalized the sale of Mulligan Security—along with its subsidiary, MG Security Services—to Allied Universal. This divestiture, which took effect on July 3, 2025, marks a significant development in Protos' roadmap as they aim to concentrate on expanding their core managed services platform.
Based in Greenwich, Connecticut, Protos Security has been a driving force in delivering innovative security solutions across North America. With this transition, Protos aims to enhance its operational focus on data-driven and tailored service experiences for clients. As Mark Hjelle, CEO of Protos, articulated, the move allows the company to streamline its operations and offer a more transparent, flexible, and cost-effective service model to customers seeking comprehensive management of their security protocols.
The decision to sell Mulligan Security is not merely about offloading assets; it is a part of Protos' broader strategy to invest in high-growth areas capable of yielding tangible results for clients. Protos aims to leverage its extensive supplier network, which is touted as the largest in North America, to deliver specialized security and remote video solutions that meet the evolving demands of the market.
"With Mulligan's divestiture, we are now in a position to be laser-focused on enhancing customer experiences across our national operations through our unique supplier-managed model," said Hjelle.
This business model sets Protos apart from competitors by providing clients with direct access to a vast network of guarding professionals and off-duty service providers, alongside a suite of specialized security solutions. Protos' commitment is unwavering—rooted in innovation and real-time data insights to ensure responsive security strategies that cater meticulously to client needs.
Brandon Pinderhughes, Partner at Southfield Capital, which invested in Protos, remarked that this transaction signifies a pivotal moment in Protos' strategic evolution. By honing in on its tech-enabled services, Protos is poised to drive innovative solutions and expand its capabilities, ensuring exceptional outcomes for all customers across various sectors.
Protos Security continues to redefine excellence in managed security services, emphasizing operational transparency and customer-centric approaches that capitalize on technology and data intelligence. The sale of Mulligan Security provides Protos with the agility to scale operations, ensuring they remain a leader in an ever-changing security landscape.
The company's consolidation of resources will inevitably lead to stronger growth avenues, allowing Protos to focus on crafting a distinctive client experience that aligns with their long-term vision. Protos Security is not just reshifting its focus but is also fostering a paradigm shift in how security management is approached in North America.
This strategic divestiture not only enhances Protos' operational efficiency but firmly positions them within the market as a key player committed to pioneering forward-thinking security solutions. As they forge ahead post-divestiture, the anticipation surrounding their growth and innovation in the tech-enabled security services domain will be captivating for current and prospective clients alike.
This sale also serves as a clear statement regarding the evolving nature of investment strategies in the private equity realm, particularly within sectors that thrive on technological advancements. As Southfield Capital lays the groundwork for future partnerships and investments, they underscore the essential nature of aligning strategic objectives with market demands to sustain growth and deliver value.
Based in Greenwich, Connecticut, Protos Security has been a driving force in delivering innovative security solutions across North America. With this transition, Protos aims to enhance its operational focus on data-driven and tailored service experiences for clients. As Mark Hjelle, CEO of Protos, articulated, the move allows the company to streamline its operations and offer a more transparent, flexible, and cost-effective service model to customers seeking comprehensive management of their security protocols.
The decision to sell Mulligan Security is not merely about offloading assets; it is a part of Protos' broader strategy to invest in high-growth areas capable of yielding tangible results for clients. Protos aims to leverage its extensive supplier network, which is touted as the largest in North America, to deliver specialized security and remote video solutions that meet the evolving demands of the market.
"With Mulligan's divestiture, we are now in a position to be laser-focused on enhancing customer experiences across our national operations through our unique supplier-managed model," said Hjelle.
This business model sets Protos apart from competitors by providing clients with direct access to a vast network of guarding professionals and off-duty service providers, alongside a suite of specialized security solutions. Protos' commitment is unwavering—rooted in innovation and real-time data insights to ensure responsive security strategies that cater meticulously to client needs.
Brandon Pinderhughes, Partner at Southfield Capital, which invested in Protos, remarked that this transaction signifies a pivotal moment in Protos' strategic evolution. By honing in on its tech-enabled services, Protos is poised to drive innovative solutions and expand its capabilities, ensuring exceptional outcomes for all customers across various sectors.
Protos Security continues to redefine excellence in managed security services, emphasizing operational transparency and customer-centric approaches that capitalize on technology and data intelligence. The sale of Mulligan Security provides Protos with the agility to scale operations, ensuring they remain a leader in an ever-changing security landscape.
The company's consolidation of resources will inevitably lead to stronger growth avenues, allowing Protos to focus on crafting a distinctive client experience that aligns with their long-term vision. Protos Security is not just reshifting its focus but is also fostering a paradigm shift in how security management is approached in North America.
This strategic divestiture not only enhances Protos' operational efficiency but firmly positions them within the market as a key player committed to pioneering forward-thinking security solutions. As they forge ahead post-divestiture, the anticipation surrounding their growth and innovation in the tech-enabled security services domain will be captivating for current and prospective clients alike.
This sale also serves as a clear statement regarding the evolving nature of investment strategies in the private equity realm, particularly within sectors that thrive on technological advancements. As Southfield Capital lays the groundwork for future partnerships and investments, they underscore the essential nature of aligning strategic objectives with market demands to sustain growth and deliver value.
Topics Business Technology）
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