Allied Universal Acquires G4S in $5.3 Billion Deal
Allied Universal has acquired G4S, ending a months-long battle between Allied Universal and GardaWorld, based in Canada, to acquire the London-based security company.
“The combination of G4S and Allied Universal creates the global leader in security with revenues of over $18 billion, industry leading talent and expertise and unmatched market coverage,” said Ashley Almanza, G4S CEO. “This unique combination will offer customers exceptional service and provides employees with an exciting future. I would like to thank the Board and our shareholders for their support and to thank colleagues across G4S for their outstanding contribution to the successful re-positioning of G4S that has made this transaction possible. My team and I look forward to working with Allied to support a successful integration of the two businesses.”