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SERVICES: Allied CFO helps raise $4 billion
Drew Vollero knows tech, having helped take public the high-flying wunderkind Snap Inc. in 2017.
Now, he's well versed in the security industry as chief financial officer at Santa Ana-based Allied Universal.
"There are more similarities than you may think," Vollero told the Business Journal. "You're looking for great people. You want a point of differentiation with the competition. We're competing all the time with new folks or to hold onto our current business."
Vollero has had quite the run since he joined Allied in late 2018.
At that time, the company had about $5.5 billion in sales, a number that's expected to be $8.5 billion this year. Last year, he helped Allied Universal raise $4 billion in debt and oversaw nine acquisitions, including a deal to buy the fourth-largest player in the industry, SOS Security.
He also helped convince Canada's second-largest pension fund, Caisse de depot et placement du Quebec, to buy into Allied Universal, which now has a valuation around $8.5 billion.
For all these reasons, Vollero was chosen as the...