Troutman Pepper Locke Advises Protos Security on Strategic Divestiture of Mulligan Security

BOSTON – Troutman Pepper Locke advised Protos Security (Protos), the leading national tech-enabled managed services provider delivering integrated protection solutions across North America, in its divestiture of Mulligan Security, including MG Security Services, to Allied Universal. For more information, see the press release.

This divestiture is a key step in Protos’ strategic plan to increase its investment in, and purposefully focus its efforts on, its managed services platform while accelerating growth. Protos’ singular focus is to drive a differentiated, data-driven, and tailored service experience for customers seeking a better way to manage their security programs. This divestiture reinforces Protos’ commitment to investing in high-growth areas where technology and operational excellence drive measurable client outcomes.

The Troutman Pepper Locke team that advised Protos was led by Nick Stawasz and Taylor Bartholomew and included Mike Crumbock, Howard Goldberg, Reid Oetting, Monica Vu, Mike Swallow, and Madison Fitzgerald. The firm also previously advised Protos in its acquisitions of Mulligan Security and MG Security Services, creating one of the largest security firms in the country, which enabled Protos to provide greater program flexibility and high-quality services to its clients.

Consistently recognized as a top-tier practice, Troutman Pepper Locke’s corporate attorneys regularly handle middle market transactions for private equity clients alongside strategic deals for Fortune 100 corporations. Core areas of service include mergers and acquisitions, corporate finance, corporate governance, securities laws compliance, capital markets transactions, and other significant domestic and cross-border transactions, as well as general corporate counseling. The firm has a strong focus in the private equity and private fund services space, advising clients on matters including fund formation, growth equity investments, leveraged buyouts, recapitalizations, and exit transactions.

Troutman Pepper Locke

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