COMMAND SECURITY ACQUIRES CHICAGO BASED NATIONAL SECURITY.LAGRANGEVILLE, N.Y.--(BUSINESS WIRE)--March 27, 1995--Command Security Corporation (NASDAQ/NMS:CMMD CMMD Ceramic Metal Matrix Diaphragm CMMD Command ), a rapidly growing provider of security guard services, today announced that Command has continued its expansion program by acquiring the business of National Security, LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability ., a Chicago based security guard service firm with annual revenue in excess of $2.6 million. National Security is partly owned by Robert Pritzker Robert Pritzker (1927-) is a member of the wealthy Pritzker family, and runs the Pritzker Organization's assets. Robert is the father of actress Liesel Pritzker, who is also called Liesel Matthews. and his son, James, the Chicago Financiers, who will be retaining equity in Command Security Corporation from this transaction. "The National Security, LTD. acquisition coupled with our 1992 acquisition of Chicago based Safe Security Services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the further strengthens our commitment to continued growth and expansion in the mid-west and nationwide," states Vassell. Vassell further states "Our ongoing program of making synergistic fold-in acquisitions is continuing as is evidenced by the National Security acquisition and our acquisition last month of $25 million New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of based United Security Group Inc." Command Security Corporation provides security guard services through Company-owned offices in New York, New Jersey, Calif., Illinois, Connecticut, Massachusetts and Florida and provides back-office service agreements to independent security companies nationwide. CONTACT: Command Security Corporation William C. Vassell, 914/454-3703 |
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