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AlliedBarton says it's seeking new ownership
AlliedBarton, the Conshohocken-based security company now owned by Blackstone Group, a private equity firm, is looking for new ownership, the company said in a statement.
AlliedBarton, the Conshohocken-based security company now owned by Blackstone Group, a private equity firm, is looking for new ownership, the company said in a statement.
"Management believes that this is the right time to seek a new private equity sponsor. We have recently launched that process as it is a critical element of our ongoing growth strategy," the statement said.
The company has 60,000 employees in 120 offices protecting 3,300 clients, according to AlliedBarton's website.
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