Andrews International Experiences Rapid Growth in 2007

LOS ANGELES, Calif. (March 4, 2008) – Andrews International, one of the ten largest private security providers in the United States, has experienced substantial growth in 2007. Thirty percent of the firm’s growth is attributed to the acquisition of security firms in New Jersey, Texas and California. 

Randy Andrews, CEO and chairman of Andrews International, expressed, "The security function continues to play an integral role in supporting company services and business processes. We are looking forward to fostering partnerships with these new customers to assist in accomplishing their unique needs, strategies and goals."  

In 2007, Andrews International signed five major national or regional contracts with premier entertainment, shopping center, banking, and technology clients. The contracts, totaling over $16 million in revenue and 11,500 hours per week, resulted in an additional 20% plus growth for the year.

"These new contracts support Andrews International’s organic growth strategies. Combined, they focus on continued service quality and higher levels of expertise across various vertical markets and geographic regions," said Ty Richmond, Co-president and Chief Operating Officer, Andrews International.

"Our business philosophy remains focused on customer support," said Jim Wood, Co-President and Chief Operating Officer, Andrews International, "Our growth has resulted in the further decentralization of our account management structure, empowering local management to make decisions affecting their local accounts, with the continued support of executive leadership."

About Andrews International

Andrews 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 more than 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.

top