Safeguard Security Holdings, a provider of corporate, industrial and residential security solutions, announced that its subsidiary, SGI Protective Services, has been awarded an annualized contract supplying security services to the nation’s sixth-largest utility company.
“We are excited to add this segment of business to SGI Protective Services’ business unit. This contract adds in excess of US$1 million in additional revenue per annum to SGI’s book of business as we continue to broaden our reach in the energy sector,” said Michael Lagow, CEO for Safeguard. “We see the energy market as a significant vertical that we continue to excel in market penetration, and a vertical that we are well versed in providing security solutions and services to.”