Trivest Affiliate Allegiance Security Group, LLC Completes Fourth Add-on with Acquisition of Regional Protective Services, Inc.

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Tue Jul 7, 2009 10:51am EDT

MIAMI--(Business Wire)--
Trivest Partners ("Trivest") today announced that its affiliate, Allegiance
Security Group, LLC ("Allegiance"), has acquired Regional Protective Services,
Inc. ("RPS" or the "Company") based in Brunswick, GA. Allegiance acquired RPS
from the Company`s founders, James Burnsed and Lance Cronan. 

RPS provides security guard services across several regions of Georgia through
offices in Brunswick and Macon. The Company serves a diversified list of
customers, which include educational and healthcare facilities, airports, gated
communities and industrial sites. 

Jim Stevens, CEO of Allegiance said, "We are very excited about the addition of
RPS to the Allegiance platform. The RPS acquisition increases Allegiance`s
presence in the state of Georgia. Given the growth in this region, we are
excited about the prospects for RPS and look forward to the Company`s continued
success." 

Jamie Elias, Trivest Partner and Allegiance`s Chairman stated, "From the outset,
Allegiance`s goal has been to acquire well run security guard companies that
augment and expand the geographic footprint of our business. The RPS transaction
fits nicely with the Company`s Southeastern U.S. focus and represents
Allegiance`s fourth add-on acquisition." 

Under the Allegiance platform, Trivest intends to build one of the largest
privately-held security guard businesses in the United States through organic
growth and strategic add-on acquisitions. The security guard services industry
is fragmented with over 15,000 businesses in the United States alone. 

Trivest Partners is a private investment firm that focuses on partnering with
founder/family owned businesses in the United States and Canada. Since its
founding in 1981, Trivest has completed nearly 150 transactions, totaling over
$4.0 billion in value. For additional information, please visit www.trivest.com.






Trivest Partners, Miami
Jamie Elias, 305-858-2200 

Copyright Business Wire 2009

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