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Cyber Security

Allied Universal Details 2024 Merger and Acquisition Activities

Deepak
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Allied Universal has announced details of its 2024 merger and acquisition (M&A) activities.   In 2024, the company closed six transactions with aggregate annual revenues totaling more than $240 million. The acquired companies represent various security service lines in regions around the world and include the following: Company Name Service Line Geography Close Date JE Security Security Technology Barbados May 2024 Unified Command Event Services Technology United States May 2024 ISX Guarding Netherlands May 2024 AIM Investigations Insurance Claim Investigations Australia Nov. […]
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Unified Command
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Allied Universal Acquires Event Safety And Security Tech Provider Unified Command

Deepak
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Allied Universal has announced its acquisition of Unified Command, an event safety and security technology provider. Specializing in event surveillance video, command center operations and situational awareness services, the addition of Unified Command supports Allied Universal’s growth strategy to become the most technologically advanced security services provider in the world. “It’s an exciting time for Allied Universal and this acquisition marks a significant milestone in expanding our technology-enabled growth strategy,” said Steve Jones, global chairman and CEO of Allied Universal.  “We […]
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acquisition
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Allied Universal Acquires Aim Insurance Services In Australia

Deepak
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Allied Universal has announced the acquisition of Aim Insurance Services, a premier provider of property loss adjusting services across Australia. Aim Insurance Services will become part of the Allied Universal Compliance and Investigations, the global claims services business unit of Allied Universal. “This acquisition aligns with Allied Universal’s growth strategy and commitment to providing comprehensive claims support services to insurers and third-party administrators globally,” said Steve Jones, global chairman and CEO of Allied Universal. “As we continue to expand our […]
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G4S-Worldsecurityreport
Cyber Security

Physical Security Incidents Cost Companies $1 trillion In 2022

Deepak
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According to the first-ever World Security Report, large, global companies lost a combined $1 trillion in revenue in 2022 due to physical security incidents. Economic unrest is expected to be the greatest security-impacting hazard in the next 12 months, a significant increase on the prior year. The report also found that companies anticipate a surge in threats and hazards like social unrest, climate change, fraud and theft. As a result, physical security budgets are predicted to increase significantly to keep […]
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