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|Martha Entwistle - Security Systems News, May 5, 2016|
AlliedBarton Security Services and Universal Services of America on May 3 announced a plan to merge, creating AlliedUniversal, a guard company with $4.5 billion in revenues and 140,000 officers.
AlliedUniversal is expected to realize “approximately $100 million in synergies,” according to the announcement.
Asked about the synergies, Bob Perry, president of Robert H. Perry & Associates, a business consultant who specializes in the guarding industry, said the estimate appears to be reasonable “given the fact that both companies share such a common footprint, so there’s a lot of redundant cost savings in the merger.”...
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