DEAL SIZE
Confidential
Allegiance Security Group
COMPANY
Allegiance Security Group is a premier security services provider because of our fundamentally unique business concepts. The company is a GSA approved vendor for the Federal Government and serves a number of sensitive sites. With over 160 years of cumulative security experience, our leadership team is dedicated to one premise: the support of quality security officers leads to satisfied security clients. In other words, take excellent care of your people, and they will ensure exemplary service to your customer.
OVERVIEW
- Senior management turnover led to void in leadership
- Company faced liquidity challenges due to deteriorating margins caused by the competitive environment
- Increases in worker’s compensation, general liability and unemployment insurance together with the new ObamaCare legislation will further hamper liquidity
ACM VALUE ADD
- ACM professionals stepped into senior management roles and enforced procedural changes to internal controls as well as changed compensation and commission structure to decrease overhead and maximize liquidity
- Changed frequency of invoicing from monthly to weekly creating an additional $500k of weekly availability
- Stabilized the company and credibility with lender in preparation for a sale
- Assisted in the sale of the business
