Allied Universal acquires Service Works Inc.
Source SecurityInfoWatch.com
Allied Universal on Monday announced the acquisition of New Jersey-based Service Works Inc. (SWI), a security and IT infrastructure integrator in the tri-state area. Terms of the deal were not disclosed.
“The acquisition of SWI will help us expand our advanced technology services in the greater New York city market and nationally,” said Steve Jones, Chairman and CEO of Allied Universal. “Since 1994, SWI has achieved success through its strong customer relationships, expertise and reliable service. We are excited to bring SWI’s employees into the Allied Universal family.”
Headquartered in New Jersey with additional offices in Manhattan and Long Island, SWI provides end-to-end service, from design to maintenance, to clients in the commercial, education, industrial, healthcare, pharmaceutical, government and financial industries across the U.S. With revenues exceeding $14.8 million and 35 employees, SWI specializes in video surveillance, access control, intercom and gate systems, turnstiles, intrusion alarm systems, IT infrastructure and audiovisual.
“Allied Universal’s vast resources will help to fuel continued growth in the security technology solutions market,” said Stephen Govel, Founder and President of SWI. “We could never have been successful without all our talented employees at SWI and I thank each one of them for their constant dedication to offering our clients top-notch service.”
SWI was represented by financial advisor Sandra Jones and Company in the transaction.
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Editorial and news reports authored by the media team from Cygnus Security Media, including SecurityInfoWatch.com, Security Technology Executive magazine and Security Dealer & Integrator (SD&I) magazine.