Parsippany-based SOS Security LLC announced Thursday that it has acquired Asset Protection Associates Inc.
APA, headquartered in Alpharetta, Ga., specializes in loss prevention for domestic and international retail brands.
“We are very excited to have the opportunity to work with the management team of SOS and capitalize on their substantial resources throughout the U.S. and abroad," Bob Larkin, president of APA, said in a statement. “We look forward to the potential of expanding services to our clients as a result of our new partnership with SOS. I believe that SOS’s philosophy of dedication to their clients mirrors the values that APA has provided for the past 20 years.”
Edward B. Silverman, SOS chairman and CEO, said: "APA is a clear-cut strategic fit for our company. Led by a talented and experienced management team, they have displayed consistent growth in the retail security and loss prevention market. APA’s focus on their customers’ needs is consistent with the SOS approach.
"APA’s expertise in servicing retail clients will complement our overall loss prevention service offering. We are pleased to have APA’s management team join SOS and continue to support the needs of their clients, delivering the same outstanding service levels they have come to expect."
The acquisition will continue SOS’s commitment to providing professional loss prevention services to retail companies in the U.S. and abroad.