Warburg Pincus invested alongside company management and Partners Group, its current financial partner. The terms of the transaction, which is still subject to customary closing conditions, including receipt of regulatory and third-party consents, were not disclosed.
The investment will enable the company to continue to expand into new markets, make strategic acquisitions, and grow operations.
Founded in 1965 and led by Mr. Steve Jones, Chief Executive Officer, Universal Services of America provides a mix of traditional security services with systems and technology servicing a broad and diverse customer set. It has four unique divisions:
– Universal Protection Service;
– Universal Protection Security Systems;
– Universal Building Maintenance; and
– Universal Fire/Life Safety.
The company employs more than 44,000 uniformed security officers operating out of 100+ locations nationwide.