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"We have upheld a reputation of providing satisfaction and quality security services to our clients for nearly 20 years. We are confident that Andrews International will provide enhanced value to this market and continue to meet the needs of our clients." John Nagy Andrews International Announces Acquisition of Nagy Protection Services, Inc.Los Angeles, Calif. (November 28, 2007)—Andrews International today announced its acquisition of Nagy Protection Services, Inc., a Los Angeles based private security firm. Nagy Protection Services, Inc. provides protection, transportation, access control and investigative security services to retail and high-rise buildings, schools, movie theaters and other businesses in the region. "The business philosophy of Nagy Protection Services, Inc., as well as its service offerings, was similar to the core beliefs and services Andrews International provides to clients," said Randy Andrews, chairman and CEO of Andrews International. "This opportunity will continue to build our portfolio; especially in the education vertical market, where John Nagy has built an impressive portfolio." John Nagy, former CEO of Nagy Protection Services, Inc. will report to Ty Richmond, co-president and chief operation officer of Andrews International. He will serve as Vice President of Operations and Business Development. The terms of the acquisition were not disclosed. "We have upheld a reputation of providing satisfaction and quality security services to our clients for nearly 20 years. We are confident that Andrews International will provide enhanced value to this market and continue to meet the needs of our clients," said John Nagy, former CEO of Nagy Protection Services, Inc. About Andrews InternationalAndrews International, headquartered in Los Angeles, California, is a full service provider of security and risk mitigation services with operations throughout the United States and internationally. As one of the largest privately-held, American-owned security firms, Andrews International employs nearly 4,000 security personnel providing uniformed security, consulting and investigative services, personal protection, special event security, training and alarm monitoring and response, and disaster emergency response services. The company is owned by executive and management team members with investment backing from DFW Capital Partners, Meridian Venture Partners, Theo Capital Partners and affiliates of New York Life. For more information, please visit the Andrews International Web site at www.andrewsinternational.com. About Nagy Protection Services, Inc.Nagy Protection Services, Inc. provides premier security services and products to retail and high-rise buildings, schools, movie theaters and other businesses located in Los Angeles, Calif. Founded by John H. Nagy, the company guarantees satisfaction, while committing to providing total security solutions for its clients. For more information visit www.nagysecurity.com. |
