5.3.6.5Vertical

Security Services

Contract security guard and access control service companies.

Market snapshot

These figures describe Facilities Management & Maintenance (5.3.6), the segment that Security Services sits within — not Security Services on its own.

Market size
~$41B
Growth
~7.6%CAGR (2017–22, nominal)
Companies
~9,000
FragmentationConsolidatingEstimate

U.S. Census Bureau 2022 CBP/Economic Census, NAICS 561210 (facilities support services) — integrated FM; single-service janitorial/landscaping are tracked separately.

Business model & economics

Revenue model

Multi-year integrated facilities-management contracts

Key economics

Recurring revenue
High

recurring multi-year service contracts

EBITDA margin
Steady contract-services economics
Capex intensity
Low

Characteristics

  • Recurring, multi-year contract structure.
  • Driven by outsourcing of non-core building operations.
  • Consolidating around scaled integrated-FM providers.

Geographic concentration

AlabamaArizonaColoradoFloridaGeorgiaIndianaKansasMaineMassachusettsMinnesotaNew JerseyNorth CarolinaNorth DakotaOklahomaPennsylvaniaSouth DakotaTexasWyomingConnecticutMissouriWest VirginiaIllinoisNew MexicoArkansasCaliforniaDelawareHawaiiIowaKentuckyMichiganMississippiMontanaNew HampshireNew YorkOhioOregonTennesseeUtahWashingtonWisconsinNebraskaSouth CarolinaIdahoNevadaVermontLouisianaRhode IslandAlaskaDistrict of ColumbiaMarylandVirginia

Facilities management concentrates around the federal government — Washington, D.C., Maryland, and Virginia — plus Alaska's remote-site operations.

District of ColumbiaMarylandAlaskaVirginia

U.S. Census Bureau — 2022 County Business Patterns (establishments by state), NAICS 561210. Concentration shown by location quotient.

M&A deal context

Deal activityHigh

Who’s acquiring

  • Integrated-FM strategics
  • PE-backed facilities platforms
  • Building-services consolidators

What’s driving deals

  • Recurring-contract revenue and outsourcing growth.
  • Consolidation around integrated providers.
  • Cross-sell of bundled building services.

Find Security Services acquisition targets

Search Acquisera’s index for companies classified under Security Services (5.3.6.5) and build a targeted deal pipeline.

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