In a significant development for the retail loss prevention industry, Protos Security and Security Resources announced that they have entered into an agreement to combine forces. The merger brings together the best that the security services industry has to offer by combining state-of-the-art technology with a focus on customer service, while alleviating the security guard management burden from the loss prevention professional.
“We celebrate a milestone today as we bring Security Resources into the Protos family,” said Chris Copenhaver, president and co-founder of Protos Security. “We will draw on our decades of experience and proven technology to continue to raise the standard for the security industry.”
With 450-plus clients throughout the United States, Canada, and Puerto Rico, the combined company will have unrivaled scale and reach creating enhanced opportunities to serve clients more efficiently and provide professional opportunities for its employees.
“We are very excited to be working together and sharing best practices with our joint commitment to deliver outstanding services to all of our clients,” said Joe Malone and Bob Bond, co-founders of Security Resources.
The merged company will be headquartered in Daleville, Virginia, with additional corporate operations centers in Cherry Hill, New Jersey.
“Instead of competing against each other and spending energy on that, we refocus that energy to serving our clients and expanding into new markets,” said Patrick Henderson, vice president and co-founder of Protos Security.
The two companies have played a significant role in the retail loss prevention industry over recent year and have been strong partners with LP Magazine. The LPM team wishes the very best for long-term continued success to the combined organization.