American Heritage Protective Services, Inc.
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American Heritage Protective Services, Inc. - overview
Established
1998
Location
Alsip, IL, US
Primary Industry
Business Support Services
About
American Heritage Protective Services, Inc. specializes in providing tailored security solutions, including private security personnel and event security, to various sectors in the Midwest and beyond. Founded in 1998, American Heritage Protective Services, Inc. , headquartered in Alsip, US, offers professional security services across Illinois, Indiana, Michigan, Wisconsin, and Ohio.
The company was acquired in August 2019 by Patrol Protect Secure, Inc. , a portfolio company of Mangrove Equity Partners and Sunlake Capital. Art Hannus currently serves as the CEO. American Heritage Protective Services (PPS) offers a comprehensive range of security solutions tailored to meet the specific needs of various clients.
The company's core offerings include off-duty law enforcement personnel, private security guards, vehicle patrol services, executive protection, and event security. These services address critical safety concerns in sectors such as healthcare, education, industrial, and municipal facilities. PPS primarily operates in the Midwest and beyond, serving clients across Illinois, Indiana, Michigan, Wisconsin, Ohio, and extending its reach to other markets as required. The clientele includes government agencies, healthcare providers, educational institutions, commercial enterprises, and residential properties, all of which rely on PPS's experienced personnel for enhanced security measures and peace of mind.
American Heritage Protective Services generates revenue through its diverse portfolio of security services, structured to accommodate various client requirements. The company typically engages in B2B transactions, providing tailored security solutions to businesses and organizations. Revenue is derived from contractual agreements for services such as armed and unarmed security details, vehicle patrols, event security, and consulting services related to site assessments and emergency planning. Clients enter into service agreements that stipulate the duration and scope of the services provided, allowing for flexible pricing based on the complexity of the client’s needs.
Specific pricing plans are established during negotiations, ensuring that clients receive customized solutions that align with their security requirements and budgetary considerations. American Heritage Protective Services plans to enhance its offerings by designing new security products set to launch in the near future. The company is also targeting expansion into additional markets, focusing on increasing its presence in regions beyond the Midwest. The funding received from the acquisition in August 2019 will support these growth initiatives, allowing for investment in technology and personnel to accommodate the anticipated demand.
Current Investors
Patrol Protect Secure, Inc.
Primary Industry
Business Support Services
Sub Industries
Security Services, Consulting Services
Website
www.ahpservices.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
American Heritage Protective Services, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | American Heritage Protective Services, Inc. | - |
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