Protos Security Focuses on Growth After Mulligan Sale Announcement
Protos Security and Southfield Capital Unveil Strategic Moves
In a recent announcement, Southfield Capital shared significant news regarding Protos Security's business strategy. Protos Security, a notable player in the managed services security sector, has made the strategic decision to divest Mulligan Security, including its operations under MG Security Services. This important move is intended to enhance Protos’ focus on its core competencies in the security industry.
Strengthening Commitment to Managed Services
Protos Security is taking strides to concentrate on its tech-enabled managed services platform. The divestiture of Mulligan Security is seen as a pivotal development in aligning Protos' operational focus and capital investment toward areas demonstrating high growth potential. The company aims to amplify its service offerings with data-driven solutions tailored to the needs of its customers, thereby ensuring superior management of their security needs.
Technology-Driven Advantage in Security Services
Under the guidance of Protos CEO Mark Hjelle, the company emphasizes its commitment to leveraging technology for enhanced operational efficiency. Protos Security boasts the largest supplier network in North America, combining traditional guarding services with innovative remote video solutions. This positions the company to deliver an adaptable and effective security solution to its clients, focusing on transparency and cost management.
Leadership Insights
Mark Hjelle expressed enthusiasm about this transition, emphasizing the company's dedication to enriching customer experience across its operations. By divesting Mulligan, Protos can channel its resources more effectively, ensuring that customers benefit from a managed services model designed for flexibility and optimized performance.
Brandon Pinderhughes' Perspective
Brandon Pinderhughes from Southfield Capital shared additional insights on the strategic direction of Protos Security. He noted that this transaction marks an essential phase in Protos' growth journey. The concentrated focus on tech-driven solutions positions Protos uniquely to innovate and meet client needs across various sectors.
About Protos Security
Founded with an unwavering commitment to innovation, Protos Security provides comprehensive security solutions, including physical guarding and remote monitoring services. The company operates a dynamic network offering clients unparalleled access to diverse security services, reinforcing Protos’ role as a fierce advocate for its customers and their personnel.
About Southfield Capital
Southfield Capital specializes in investing in high-growth companies within the business services realm. Focused on the lower middle market, the firm targets companies with EBITDA ranging from $4 million to $20 million. By partnering with management, Southfield Capital seeks to drive scalable growth through both organic strategies and acquisitions.
Frequently Asked Questions
What was the reason for the divestiture of Mulligan Security?
The divestiture was part of Protos Security's strategy to concentrate its resources on enhancing its managed services platform and driving growth opportunities.
Who announced the strategic divestiture?
Southfield Capital announced the strategic divestiture on behalf of Protos Security.
What does Protos Security specialize in?
Protos Security is a leader in tech-enabled managed security services, providing solutions such as physical guarding and remote video monitoring.
How does this divestiture affect Protos Security's operations?
The divestiture allows Protos Security to focus more effectively on its core offerings, improving customer experience and enhancing operational transparency.
Does Protos Security plan to expand its services?
Yes, Protos Security aims to invest in high-growth areas that leverage technology and operational excellence, driving innovation and improved client outcomes.
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