Allied Universal has sold a controlling stake in AMAG Technology to Shore Rock Partners, facilitating AMAG's independent growth in the security solutions market.

Target Information

Allied Universal has announced the sale of a controlling interest in AMAG Technology to Shore Rock Partners. AMAG Technology is a renowned global leader in providing integrated high-security access control, identity management, visitor management, and video management solutions. Based in Hawthorne, California, AMAG serves a diverse range of clients, including those in critical infrastructure and regulated industries straddling multiple geographic regions.

Under the new ownership of Shore Rock Partners, alongside strategic backing from BellTower Partners, AMAG is poised to enhance its offerings. The sale allows AMAG to attain greater autonomy, enabling it to innovate and expand its capabilities in safeguarding people and assets worldwide. David Sullivan, AMAG’s President, will step up as CEO, marking a transition into a new phase of growth for the company.

Industry Overview

The landscape for security technology in the United States has increasingly evolved, particularly in response to growing concerns around safety and surveillance. The market