D.A. Davidson & Co. has announced its role as the exclusive financial advisor for International Protective Service, Inc. (IPS) during its acquisition by Allied Universal. This partnership emphasizes D.A. Davidson’s deep expertise in the financial advisory sector and its strong industry connections, which were pivotal in facilitating the sale.
Aaron Jones, owner of IPS, expressed gratitude for the collaboration, noting, “Their deep industry expertise and strong relationships were key in connecting us with Allied.” He highlighted the importance of D.A. Davidson’s involvement throughout the transaction process, which culminated in a successful closure.
Founded in 2006 and based in Albuquerque, New Mexico, IPS has made a name for itself as a premier provider of private security services across the southern and western regions of the United States. The company offers a wide array of solutions that include standing guards, mobile patrols, remote video surveillance, alarm monitoring, access control, and other specialized services. IPS has built a solid reputation, serving an elite clientele that includes notable retailers, financial institutions, VIPs, and prominent dignitaries.
Amar Singh, Managing Director at D.A. Davidson, remarked on the strong interest generated by IPS’s impressive history and reputation, stating, “We believe Allied Universal is an exceptional strategic partner, and we look forward to the opportunities their combined strengths will create.”
This transaction marks a successful milestone for D.A. Davidson’s Commercial & Residential Services practice and indicates ongoing momentum in the firm’s Diversified Industrials Investment Banking Group. D.A. Davidson’s Investment Banking Division provides extensive financial advisory and capital markets expertise, with significant transaction experience serving middle-market clients globally across various sectors, including consumer, diversified industrials, financial institutions, and technology.
D.A. Davidson Companies has been offering a comprehensive range of financial services since its inception in 1935. Headquartered in Great Falls, Montana, the firm operates regional offices in major cities across the United States, employing approximately 1,600 individuals nationwide. The company’s subsidiaries provide an array of services, ensuring a broad spectrum of financial support for individuals, corporations, institutions, and municipalities.
This acquisition highlights the upward trajectory of both IPS and Allied Universal, suggesting a promising future forged by their partnership moving forward.