Protos Security Acquires ControlByNet

Protos Security, a tech-enabled managed services security guarding provider in North America, has acquired ControlByNet. Protos Security is a portfolio company of Southfield Capital, and adding ControlByNet expands the service offering and value to its customer base. The transaction closed on August 15, 2022.

ControlByNet offers remote guarding and software solutions that work across all devices through the cloud or as an onsite managed service. Having ControlByNet under the Protos umbrella will provide clients with another technology solution agnostic across camera options.

“This strategic acquisition further diversifies our service offering,” said Peter Platten, chief revenue officer at Protos. “Our ability to provide a suite of security solutions to meet all customer needs continues to grow and allows us to uniquely tailor services. It’s important to us that we’re able to satisfy safety requirements while offering cost benefits. This differentiation is how we delight customers with program flexibility and intelligence to support high quality service.”

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Ryan Strange, founder and president of ControlByNet, added, “We are excited to strengthen and grow our service offerings under the Protos Security brand. This alignment will be impactful to the marketplace, and a big step forward for both brands. Protos’ core values mirror those of ControlByNet, which was important to us. The combination of our solutions will yield many benefits for our customers, who can expect the high-touch customer service approach they’ve known for years.”

By continuing to invest in its management team, software and technology, and overall service capabilities, Protos is more aggressively positioned within the security marketplace. Protos’ mission is to provide differentiated, best total value security solutions that deliver world class service to customers. Leadership team members from both Protos Security and ControlByNet will remain in place post-close.

“Over the last 20-plus years, CBN has developed an impressive suite of technology offerings capable of servicing the remote guarding/security needs of clients across devices,” said Andy Cook, partner at Southfield Capital. “We believe that combining CBN with Protos’ industry leading technology platform will enable us to deepen client relationships and provide a broader array of comprehensive security solutions.”

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