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**Deal Pending** Security services is a $39.1 billion industry in the U.S. An increase in per capita income over the last five years has led to businesses allocating more towards security to protect their stores and properties. That coupled with the rising trend of outsourcing public security functions to private companies, particularly for the protection of federal, state, and municipal buildings, has provided a big boost for security service firms.
A longstanding security guard company with a stellar reputation is available for sale. The company has a proven track record for providing peace of mind to clients with its corps of professionally trained officers. The business maintains many long-term clients, including medical facilities, schools, and several multi-unit residential properties, and is well-regarded by state agencies for working in partnership with local law enforcement as needed. Their multi-year contracts also ensure consistent revenue year over year.
According to industry experts, the demand for round-the-clock security services has remained strong, and there is growing opportunity for security services in grocery stores, malls, and commercial buildings. This provides a new owner with an opportunity to expand the business by securing contracts within these sectors and redeploying officers where demand for security services is greatest.
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