Protos Security completes acquisition of Summit Off Duty Services to expand security services
Jun 17, 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 completed the strategic acquisition of Summit Off Duty Services. This move reflects Protos Security's commitment to expanding its reach and service capacity in providing security and law enforcement industry expertise through a vast nationwide network of police officers.
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