Protos Security Completes Strategic Divestiture of Mulligan Security

Transaction reinforces Protos' position as North America's leading tech-enabled managed services provider, delivering integrated protection solutions to clients seeking a modern, data-driven security experience

NORWALK, Conn., Aug. 13, 2025 /PRNewswire/ -- Protos Security, the leading national tech-enabled managed services provider delivering integrated protection solutions across North America, announces the successful divestiture of Mulligan Security (including MG Security Services) to Allied Universal. The transaction closed on July 3, 2025.

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.

"With the divestiture of Mulligan, Protos will be laser-focused on driving a superior customer experience across its national footprint through our supplier managed model," said Mark Hjelle, CEO at Protos. "The Protos managed services model is unique to the marketplace and provides customers with improved operational transparency, flexibility and cost control."

Protos is the leading tech-enabled managed services provider in the security industry, with the largest North American supplier network of guarding and off-duty service providers, complemented by specialized security and remote video solutions. This divestiture underscores Protos' disciplined approach to provide a differentiated client experience while accelerating its investment in a scalable, high-growth platform driven by technology and data intelligence.

"This transaction allows us to sharpen our strategic focus and reinvest in the areas where we deliver the most value," said Anthony Escamilla, CFO at Protos. "By doubling down on our tech-enabled model, we're better positioned to innovate, scale and provide exceptional performance and results in the managed services security space."

About Protos Security

Protos promises a modern security experience that never settles and dynamically adapts when, where and how it's needed. By vetting, training and orchestrating thousands of local owner/operator security suppliers, plus the largest off-duty law enforcement network, Protos delivers scalable protection in any situation. Our proprietary platform puts improved staffing, vetting, training, visibility, accountability and flexibility at your fingertips, including custom reporting and actual-time billing. From the C-team to the field team, our organization is committed to hassle-free and always-accountable customer experience across all four of our security service lines: guarding, off-duty, specialized and remote. For more information on Protos, please visit  www.protossecurity.com.

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SOURCE Protos Security