Allied Universal, a leading security and facility services company in North America, is pleased to announce the acquisition of G4S plc. at an estimated valuation of £3.8bn.
Allied Universal is now the 3rd largest employer in North America and the 7th largest employer in the world to serve and safeguard customers, communities and people. The company has an extensive network of offices located across North America alone. The company will be ideally situated to address customers’ evolving security needs, partnering and growing with our 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 unrivalled breadth of capability for customers and new opportunities for the company’s teams around the world. Allied Universal remains committed to security excellence and to being thought leaders in the security industry, focused on raising standards of professionalism.
“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.”