Protos Security LLC
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Protos Security LLC - overview
Established
2006
Location
Norwalk, CT, US
Primary Industry
Business Support Services
About
Protos Security LLC provides integrated security solutions, offering comprehensive services such as guarding, off-duty law enforcement, and remote monitoring designed to meet diverse client security needs across various industries. Protos Security LLC, founded in 2006, is based in Norwalk, US. The company specializes in delivering security solutions and has undergone strategic developments to enhance its operational effectiveness. The firm was recently acquired by Southfield Capital in March 2019, although financial terms were not disclosed.
The current leadership includes CEOs Mark Hjelle and Nathaniel Shaw. Protos Security specializes in delivering comprehensive security solutions through a modern platform that integrates various service offerings. The core product portfolio includes guarding services, off-duty law enforcement personnel, specialized security solutions, and remote monitoring capabilities. This suite of services is designed to adapt dynamically to the unique security needs of clients across various industries, ensuring scalable protection for people and property.
Protos employs a proprietary technology platform that enhances staffing, vetting, training, and real-time visibility, which facilitates efficient management of security operations. The company's client base includes a diverse array of businesses such as retail, logistics, and corporate enterprises, with services deployed across geographical markets such as North America and other regions requiring tailored security solutions. Protos Security generates revenue primarily through service contracts with its clients, which may include subscription models for ongoing security management and direct service agreements for specific projects. The pricing structure reflects the tailored nature of the services provided, ensuring clients receive customized solutions that align with their security requirements.
Transactions typically involve upfront agreements for service terms, with clients billed based on actual usage and real-time reporting features. This model allows for transparency and accountability in billing, fostering long-term relationships with clients who value reliability and responsive service. The company’s flagship offerings, such as Protos Connect and Protos Select, play a critical role in enhancing customer engagement and operational efficiency, contributing to the overall revenue framework. Protos Security's acquisition by Southfield Capital is expected to facilitate enhancements in their technology platform and expand their market presence within the security services industry, enabling entry into new markets.
The company plans to introduce new products and services tailored to emerging demands, although specific release dates have not been disclosed. Protos Security aims to leverage the recent acquisition to bolster their strategic initiatives and extend their reach in North America and potentially other regions.
Current Investors
Southfield
Primary Industry
Business Support Services
Sub Industries
Security Services, Web Applications, Search Engines
Website
www.protossecurity.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Protos Security LLC - 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, Trade Sale | Completed | Mulligan Security | - | ||||||||
| Add-on | Completed | Summit Off Duty Services, LLC | - | ||||||||
| Add-on | Completed | Blue Star Security, Ltd. | - | ||||||||
| Add-on | Completed | Mg Security Services | - | ||||||||
| Add-on | Completed | ControlByNet LLC | - |
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