Apax-backed Garda World closes $110 mln buy of G4S Cash Solutions
Global security services company Garda World Security Corp has completed its acquisition of G4S Cash Solutions (Canada), the Toronto-based subsidiary of G4S International Holdings. The transaction, which was previously priced at $110 million, will see the operations and employees of G4S Cash Solutions form part of Garda World's cash services platform. The Montréal-based Garda World was taken private for $1.1 billion by British private equity firm Apax Partners in partnership with Stephan Cretier, the company's chairman and CEO, in Nov. 2012.
21 January 2014•1 min read
