"We are excited about partnering with the Audax Group," said Randy Andrews, chairman and CEO, Andrews International, "After a lengthy process, we selected Audax based on a shared vision and direction for Andrews International. Their investment offers us the resources necessary to maximize effectiveness and efficiencies that support client growth with appropriate risk management."
Andrews International is one of the top five largest privately-held security providers in the United States (according to Security Letter). Andrews International employs nearly 7,500 security consultants, officers and personnel at 40 operating locations throughout the United States; providing more than 230,000 hours per week of contract uniform security in the U.S. and other security services throughout the world.
Geoffrey S. Rehnert, Co-CEO of Audax Group, said "Andrews International is a leading provider of comprehensive security services with a strong track record of customer retention and satisfaction. We look forward to working with management to build the business by further penetrating existing end markets, geographic expansion, and strategic add-on acquisitions."
02/12/2008
Audax Group invests in Andrews Int.
Los Angeles, California (USA)
Andrews International, a full service provider of security and risk mitigation services, has partnered with Audax Group to garner additional investment in the development of new markets and services. Andrews International's recent growth can be directly attributed to its commitment to improve customer service and expand capabilities to provide security solutions that balance business and security objectives.
Global
