Transaction overview
Security Services Holdings LLC (US), a portfolio company of Southfield Capital, acquired AT-RISK International (US) on April 27, 2026. The deal value is undisclosed but represents a significant transaction in the professional services sector. AT-RISK provides executive protection and risk consulting services to enterprise and high-net-worth clients globally.
Deal structure and financing
The acquisition was made for 100% equity stake in AT-RISK, with no public disclosure of the purchase price or financial details. Given the nature of private equity backing, it is likely that Southfield Capital provided the necessary capital through a combination of equity from existing stakeholders and potentially new investments. No information has been released regarding any debt financing, retained stakes by sellers, lock-up agreements, or IPO considerations.
Strategic context
The acquisition enhances Protos Security's integrated protection solutions portfolio with AT-RISK’s deep expertise in risk consulting, investigations, threat assessments, and global risk monitoring services. This move aligns with Protos' long-term strategy of building a comprehensive security service network through strategic acquisitions. Mark Hjelle, CEO of Protos, emphasized that the addition of AT-RISK complements existing capabilities, enabling Protos to better meet rising demand for intelligence-led security solutions among high-profile clients.
Regulatory path
No information has been disclosed regarding regulatory review or any required remedies associated with this transaction. Given the nature and scale of the deal within North American markets, it is likely that relevant antitrust authorities such as the U.S. Department of Justice (DOJ) Antitrust Division and the Federal Trade Commission (FTC) would have reviewed the acquisition for potential competitive impacts. However, no specific regulatory filings or timelines have been reported publicly.