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This study offers an analysis of the role of private security companies (PSCs) in the Czech Republic that builds on the model of global security assemblages developed by Abrahamsen and Williams. It applies this model to the Czech experience with the privatization of security since the end of the cold war by utilizing available data, complemented with information derived from structured interviews with the owners of PSCs operating in the Czech Republic. It suggests that the Czech market with commercial security services exhibits several specific characteristics, including the relatively high total number of registered PSCs (7000+) and their professional associations (16), the size of the gray and black markets involving PSC services (30 to 40 percent of the entire market), and the phenomenon of so-called “reverse revolving doors,“ whereby former owners or top managers of PSCs directly, or through family members, enter into, or establish their own, political party. Overall, however, this study confirms the key conclusions from previous applications of the model regarding the partial disassembly of the Czech state’s security functions and the corresponding re-articulation of relations among public and private actors in the provision of security.