PPS Makes Second Investment in U.S. Contract Security Industry with Acquisition of American Heritage Protection Services
August 17, 2019 - Patrol Protect and Secure, Inc. (known as "PPS") is pleased to announce its second investment in the U.S. contract security industry with the acquisition of American Heritage Protection Services (“AHPS”). AHPS is an Illinois based provider of off-duty police and private security, primarily to critical infrastructure and healthcare industry clients. This addition and other initiatives have tripled the profits of PPS in the nine months since its initial investment. PPS also acquired JBM Patrol and Protection in December 2018. The acquisition of AHPS is complementary to PPS’ existing operations and adds size, scale, and diversity to the platform.
PPS was formed by Sunlake Capital and Mangrove Equity Partners to pursue a growth-oriented investment strategy in the U.S. contract security industry. PPS and its investors believe there is tremendous opportunity to build a substantial, best-in-class contract security provider by focusing on service excellence and recruiting, training and retaining high quality people. PPS is actively seeking acquisitions of contract security providers to support its growth in new and existing geographies.
Sunlake Capital LLC is a private investment firm focused on flexible, long-term investments in family- and entrepreneur-owned companies that possess a sustainable competitive advantage. While the firm invests in a mix of select industries, it has a specialization in the security and safety industries.