Allied Universal acquires Chicago-based Phoenix Systems & Service

Allied Universal on Monday announced that it has acquired Phoenix Systems & Service, Inc. (PSSI), a full service security systems integrator providing security solutions to customers in Chicago and across the nation. Terms of the deal were not disclosed.

“The acquisition of Phoenix Systems & Service will help us expand our technology services business in Illinois and nationally,” said Steve Jones, CEO of Allied Universal. “Phoenix Systems has a strong history of more than 28 years delivering top-notch service within multiple vertical markets, especially commercial real estate.”

“We are truly excited about this opportunity for our employees to become an integral part of Allied Universal as our business culture and expertise are a perfect match,” said Daniel Gardner, President of Phoenix Systems & Service, Inc., who will become a consultant to Allied Universal. “I wanted to personally thank all of our employees for their hard work, dedication and commitment to offering superior service to our customers each and every day.”

With revenues exceeding $16 million and 35 employees, PSSI has a diversified customer base that includes several global entities and Fortune 500 companies. PSSI was represented by financial advisor Sandra Jones and Company in the transaction.