Sheppard Mullin Represented Allied Universal in Sale of Majority Stake in AMAG Technology to Shore Rock Partners
Sheppard Mullin, together with Taylor Wessing as UK counsel, represented Allied Universal, a leading security and facility services provider, in the sale of its majority stake in AMAG Technology (AMAG), a global leader in integrated high-security access control, identity, guest and video management solutions to Shore Rock Partners. Terms of the transaction were not disclosed.
The new ownership group, led by critical infrastructure-focused growth investor Shore Rock Partners, will support enhancements to AMAG’s product portfolio, evolve service models and expand the company’s capabilities to protect people, identities and assets worldwide. AMAG’s day-to-day operations, support resources and customer-facing teams will remain in place.
Operating in more than 100 countries and territories, Allied Universal is the third largest private employer in North America and the seventh largest globally, delivering unparalleled customer relationships, innovative solutions, cutting-edge smart technologies and tailored services that enable clients to focus on their core businesses.
The Sheppard Mullin team was led by special counsel Derek Rockers, partner Stephen LaSala and associates Lyle LeBlang and Joshua Block. Invaluable assistance was provided by partners Michael Chan, Dmitriy Chelnitsky, John Crisp, Wynter Deagle, Shawn Fabian, Michael Orlando and Jesse Salen, special counsel Malika Levarlet and associates Anushna Das, Theo Mayer, Umar Sattar, Michael Thaxter, Brittany Walter and Michael Weisshar.
Read the full press release here.