Protos Security Announces Acquisition of MG Security Services; Expands its presence on the east coast

NORWALK, Conn., September 13, 2022 /PRNewswire/ — Security Services Holdings LLC (dba Protos Security), the leading provider of technology-based managed security services in North America, announces that it has acquired MG Security Services. Protos Security is a portfolio company of Southfield Capital and the addition of MG Security Services to its offering expands Protos’ presence on the East Coast. The transaction was closed on September 1, 2022.

MG Security Services provides armed and unarmed security guard, crisis management, fraud prevention and private investigation services for clients in commercial real estate, hospitals, property management, education and financial services. Based in New York, MG Security employs more than 1,200 agents.

“MG Security Services is a highly regarded security and risk mitigation company with unmatched experience and credentials. This acquisition significantly accelerates the growth of our organization and enhances our service offering in the New York metro area while enabling us positioning itself as the fourth largest provider of security services nationwide,” said Antoine Escamilla, Chief Financial Officer at Protos Security. “With an impressive list of clients across many industries and a focus on client relationships, the addition of MG Security Services to the Protos family makes us an attractive security services partner for clients in new markets. vertical.”

Manny GomezFounder and President of MG Security Services added: “We are delighted with our new partnership with Protos. The combination of our permanent management team and our extensive law enforcement experience, including NYPD and FBI, will provide enhanced service offerings to clients. Protos shares our vision of building an industry-leading security services company through a wide range of high-quality solutions. We look forward to this alignment and to better serving our customers.

“The strategic acquisition of MG Security Services adds significant scale to Protos’ direct custody operations and further diversifies Protos’ offering in the market,” said Andy Cook, partner at Southfield Capital. “MG Security Services further unlocks the potential for growth in attractive end markets such as healthcare while expanding Protos’ geographic footprint domestically. We believe this partnership will create significant value for our customers and further position us as the industry’s leading provider of security solutions.”

By continuing to invest in its management team, technology and service capabilities, Protos is positioning itself more aggressively in the security market. Protos’ mission is to provide differentiated, best-in-class security solutions that deliver world-class service to our customers. Founder of MG Security Service, Manny Gomezwill join the Protos management team with no change in the management structure after closing.

About Protos Security

Protos Security, a portfolio company of Southfield Capital, is a technology security services company providing security, surveillance and device solutions for a wide range of customers across North America. Protos Security prides itself on providing high quality service, actionable insights, transparency and program flexibility for its customers. For more information about Protos Security, visit www.protossecurity.com.

About MG Security Services

MG Security Services is a full service security and risk mitigation company with highly trained and experienced protection professionals. MG Security Services specializes in physical and cyber security, private detective investigations and event services. Based at New York City, MG Security Services is known for its comprehensive services and ability to develop custom security plans. For more information about MG Security Services, please visit www.mgsecurityservices.com.

About Southfield Capital

Southfield Capital is a private equity firm that invests in exceptional and growing companies in the lower middle market outsourced business services sector. Southfield targets businesses with $4-15 million EBITDA and partners with owners and management teams who are excited to scale their operations through a combination of organic growth and acquisition strategies. For more information about Southfield Capital, please visit www.southfieldcapital.com.

Contact information
Alyssa Wilson
(203) 941-4707
[email protected]

SOURCE Protos Security

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