Troutman Pepper Facilitates Protos Security and Southfield Capital Acquisition of Mulligan Security

NEW YORK – Troutman Pepper client Southfield Capital and Protos Security, a tech-enabled managed security services provider that is a portfolio company of Southfield Capital, have completed their acquisition of Mulligan Security, a leading U.S.-based direct guard and fire safety solutions provider. Read a company press release about the acquisition.

The joining of Protos and Mulligan creates one of the largest security firms in the U.S. and will enable Protos to provide greater program flexibility and high-quality services to its clients.

A multi-disciplinary team of Troutman Pepper attorneys, led by partners Nicholas Stawasz and Matt Greenberg, assisted Southfield Capital and Protos in the acquisition of Mulligan. Additional team members included associates Taylor Bartholomew, Jennifer Lang and Ravenna Neville, among others.

Southfield Capital is a private equity firm that invests in high-growth, lower middle market companies in the outsourced business services sector. The firm targets companies with $4-12 million in EBITDA and partners with management to scale the business through a combination of organic and acquisition growth strategies.

Consistently recognized as a top-tier national practice, Troutman Pepper’s corporate attorneys regularly handle multimillion- and multibillion-dollar transactions. Core areas of service include capital markets transactions and other significant domestic and cross-border transactions, mergers and acquisitions, corporate governance, securities laws compliance, and corporate finance. The firm has particular expertise in the private equity and private fund services space, advising clients on matters from fund formation to investments and exit transactions. 

About Troutman Pepper
Troutman Pepper is a national law firm known for its higher commitment to client care. With more than 1,200 attorneys in 23 U.S. cities, the firm partners with clients across every industry sector to help them achieve their business goals. Read more about the firm’s litigation, transactional, and regulatory practices at troutman.com.