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Protos Security completes acquisition of Summit Off Duty Services to enhance security service offering

Jun 04, 2024over 1 year ago

Acquiring Company

Protos Security

Acquired Company

Summit Off Duty Services

IrvingSecurity

Description

Security Services Holdings LLC, operating as Protos Security, has strategically acquired Summit Off Duty, a company specializing in managing onsite security for businesses nationwide. This acquisition expands Protos' service offering and value to its customer base, positioning it as the fourth largest security services provider nationally. Both companies' leadership teams will remain in place post-close, ensuring a smooth transition and alignment of business models focused on delivering reliable security solutions.

Company Information

Company

Protos Security

Location

Main Avenue

About

Protos Security: nationwide security services with a 97% client retention rate and innovative client portal; serving many Fortune 500's.

M&A Insights

Based on deal data
Integration 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