Patrol Protect Secure (PPS) Acquires West Coast Vehicle Patrol Provider

PalAmerican Security Acquires Patrol Protect Secure from Mangrove Equity Partners

October 28, 2025

Professional Services

PalAmerican Security has acquired Patrol Protect Secure, Inc. (PPS) from Mangrove Equity Partners and Sunlake Capital. PPS is a U.S. contract security platform that grew to ~2,400 security officers and completed six acquisitions under Mangrove/Sunlake ownership; the deal expands PalAmerican’s geographic footprint and capabilities in technology-enabled monitoring and off-duty law enforcement services.

Patrol Protect Secure (PPS) Acquires JBM Patrol and Protection

March 13, 2019

Professional Services

Patrol Protect Secure (PPS), a security platform formed by Mangrove Equity Partners and Sunlake Capital, has acquired JBM Patrol and Protection Corp., a contract security provider operating in Wisconsin, Minnesota, Iowa and Tennessee. The deal facilitates founder Jim Mankowski's retirement and represents PPS's first add-on as it pursues a roll-up strategy to build a national contract security platform.

Patrol Protect Secure (PPS) Acquires Internal Security Associates (ISA)

July 1, 2020

Professional Services

Patrol Protect Secure, Inc. (PPS), a PE-backed security platform sponsored by Mangrove Equity Partners and Sunlake Capital, acquired Internal Security Associates, LLC (ISA), a Boston-based contract security provider focused on public sector customers. The add-on expands PPS’s geographic footprint into greater Boston, increases platform revenue and EBITDA, and provides the ISA founder liquidity and a succession plan while the founder retains an equity stake in the PPS parent.

PPS (Patrol Protect and Secure) Acquires American Heritage Protection Services (AHPS)

September 26, 2019

Professional Services

Patrol Protect and Secure (PPS), a security platform formed by Mangrove Equity Partners and Sunlake Capital, has acquired American Heritage Protection Services (AHPS), an Illinois-based provider of armed and unarmed security guard services. The deal is an add-on acquisition to expand PPS's scale and geographic footprint, strengthening its capabilities serving utility companies and healthcare facilities.

Specialized Packaging Group Acquires Protective Packaging Solutions

September 7, 2023

Packaging

Specialized Packaging Group (a portfolio company of Altamont Capital Partners) has acquired Protective Packaging Solutions (PPS), a custom designer and fabricator of engineered protective packaging based in Aurora, Colorado. The acquisition expands SPG's engineered packaging capabilities and geographic reach, adding approximately 90 employees to SPG's ~1,600-person workforce; Monroe Capital provided a senior credit facility to support the transaction.

Perimeter Security Partners Acquires Shore Systems and Shore Technology Group

August 27, 2025

Industrial Services

Perimeter Security Partners (PSP) acquired Shore Systems, Inc. and Shore Technology Group, Inc. on August 27, 2025. Chris Guido, founder of Shore, will continue as President and has become an equity partner in PSP as the firms work to expand PSP's perimeter and electronic security capabilities and geographic reach.