Protos Security completes acquisition of Summit Off Duty Services to enhance its national security services
Jun 26, 2024•over 1 year ago
Acquiring Company
Protos Security
Acquired Company
Summit Off Duty Services
IrvingSecurityDescription
Protos Security, a tech-enabled vendor managed security services provider, has successfully acquired Summit Off Duty Services. This acquisition solidifies Protos Security's position as the fourth largest security services provider nationally, significantly enhancing its off-duty law enforcement service offering and accelerating its growth.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed