SecurityWorldMarket

28/04/2021

G4S acquisition creates world's 7th largest employer

Santa Ana, Ca and London, UK

After months of negotiation and speculation Allied Universal has now finally acquired G4S plc. The completion comes as Allied Universal announced that it has satisfied or waived all of the required offer conditions, including the required antitrust and regulatory approvals. At the offer price of 245p per G4S share, the acquisition value is £3.8bn.

Allied Universal is now the 3rd largest employer in North America and the 7th largest employer in the world. The company remains laser-focused on its purpose--to serve and safeguard customers, communities and people in today’s ever-changing world. Allied Universal is entirely structured to support its local operations-ensuring the resources and benefits are focused where they’re needed most-- with the company’s customers and security professionals.

Allied Universal now has an extensive network of offices located across North America alone. The company aims to be ideally situated to address customers’ evolving security needs, partnering and growing with clients on a national and international scale and serving G4S’s existing customer base locally, nationally and around the world.

“This is truly a very significant moment in Allied Universal’s history,” said Steve Jones, Chairman & CEO of Allied Universal. “Our vision is not only to be the best security company but to be the best corporate services partner in a world of evolving risk. I look forward to working with Ashley Almanza and G4S’s senior management team through the integration process with the goal of establishing a global leader, equipped to lead the industry through the next phase of its

development. Together, we will deliver the highest value proposition to customers in the security industry.”

This acquisition creates a world leading integrated security company, providing an almost unrivalled breadth of capability for customers and new opportunities for the company’s teams around the world.

“Steve and his team have created a world class security business in North America, and I have enormous respect for the business they have built,” said Ashley Almanza, CEO of G4S. “The combination of the skills, experience and talents in our two companies creates a unified business that will be unmatched in every important dimension including scale, coverage, employee opportunity, innovation and customer experience and, of course, performance.

I look forward to working alongside the Allied Universal team to deliver the considerable benefits that I know this combination can achieve.”


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