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      The Budd Group Sells Security Division to Universal Services of America


      News provided by

      The Budd Group

      Aug 30, 2013, 04:30 ET

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      WINSTON-SALEM, N.C., Aug. 30, 2013 /PRNewswire/ -- The Budd Group is pleased to announce that Universal Protection Service, a division of Universal Services of America in Santa Ana, California, has acquired its security division. Universal Protection Service is one of the top five security companies in America, and according to Joe Budd, CEO of The Budd Group, "This move will benefit our customers and our current security service employees."

      The Budd Group, a leading Southeastern facilities services company, is executing this sale as a strategic decision which will allow the management team to focus its resources and attention on the core business lines of janitorial, maintenance and landscaping services. By doing so, The Budd Group can enhance services in these areas and expand its market penetration, geographic reach and breadth of service offerings.

      Universal Protection Service will assume management of all security services on August 31, 2013. In order to ensure a smooth transition for clients, the security employees of The Budd Group will retain their responsibilities and positions -- and will continue to deliver the same personalized services to current clients. These employees will also have the opportunity to grow their skill sets due to the broader training and innovation for which Universal Protection Service is known in the industry.

      "After careful consideration, we chose to sell this business to Universal based on its commitment to innovation, quality customer service and its employees," said Mr. Budd. "Moving forward, The Budd Group is excited to focus our energies on expanding and further developing our core service lines."

      With operations extending from West Virginia to Florida, The Budd Group has provided integrated, environmentally sound facility solutions, including janitorial, maintenance and landscaping services, for more than 50 years.

      SOURCE The Budd Group

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