Tag: G4S
Allied Universal to acquire J E Security Systems & Services
January 22, 2024SSN Staff
IRVINE, Calif.—Security and facility services provider Allied Universal has announced the proposed acquisition of the assets of J E Security Systems & Services Inc., a comprehensive guarding and technology provider based in St. Thomas, Barbados.
The proposed acquisition is through Allied Universal’s subsidiary, G4S Secure Solutions (Barbados) Limited and is expected to close during the first quarter of 2024.
"This proposed acquisition marks a significant milestone...
World Security Report: physical security incidents cost companies $1 trillion
September 11, 2023SSN Staff
IRVINE, Calif.—Large, global companies lost a combined $1 trillion in revenue in 2022 due to physical security incidents, according to the first-ever World Security Report.
Economic unrest is expected to be the greatest security-impacting hazard in the next 12 months, a significant increase on the prior year, the report stated.
Commissioned by Allied Universal and its international business, G4S, the World Security Report documents opinions of 1,775 chief security...
AMAG names Pascal De Zitter as VP of security & information management solutions
July 11, 2023SSN Staff
HAWTHORNE, Calif.—AMAG Technology, an Allied Universal company, has named Pascal De Zitter as its new vice president of security & information management solutions (SIMS). This is a newly created role designed to develop, implement, and lead a new, soon-to-be-established solutions delivery team.
In this pivotal role, the VP of SIMS will generate new opportunities for both AMAG's Symmetry CONNECT Identity Management and Symmetry Control Room solutions. This strategic step is in line with...
SIA names Kim Loy and Brendan McFall as 2023 SIA Chair’s Award honorees
March 6, 2023SSN Staff
SILVER SPRING, Md.—The Security Industry Association (SIA) has named Kim Loy and Brendan McFall as the 2023 recipients of the SIA Chair’s Award, an annual award selected by SIA’s Board of Directors chair recognizing SIA members’ diligent efforts in furthering the association’s mission and commitment to its future.
SIA will present Loy and McFall with the award at The Advance, SIA’s annual membership meeting, which will be held March...
Allied Universal acquires Attenti Group
April 5, 2022SSN Staff
SANTA ANA, Calif.—Allied Universal, a leading global security and facility services company, continued its strategic growth by announcing the acquisition of Attenti Group, one of the world's leading electronic monitoring companies. Terms were not disclosed.
Allied Universal will integrate Attenti Group with G4S Monitoring Technologies to create Allied Universal Electronic Monitoring Services. The combined business has pro-forma 2021 revenues over $150 million with operations...
Allied Universal finalizes G4S deal after buyout saga
March 17, 2021Paul Ragusa
SANTA ANA, Calif.—Allied Universal's bid to acquire rival G4S was finalized this week with the announcement that the majority of G4S shareholders accepted a $5.28 billion buyout offer, only after rebuffing a final push for takeover by Canadian bidder GardaWorld.
The combination of Allied Universal and G4S will create an integrated security business with revenues of approximately $18 billion, a strong international platform and an extensive portfolio of blue-chip clients across...
Allied Universal to buy G4S for $5.1B
December 8, 2020Paul Ragusa
SANTA ANA, Calif.—Allied Universal announced it has reached an agreement with G4S on a cash buy offer of $5.1 billion, to be made by Atlas UK Bidco Limited (Allied Bidco), a newly incorporated entity that is indirectly controlled by Allied Universal. Allied Bidco has committed financing available to satisfy the full cash consideration payable to G4S Shareholders under the terms of the offer, which is expected to close in the first quarter of 2021.
The combination of Allied Universal and...
G4S offers Return to Work Assurance program
May 11, 2020SSN Staff
JUPITER, Fla.—G4S recently announced the G4S Return to Work Assurance program, a new comprehensive solution developed to assist organizations with security planning and implementation as they consider the reopening process during COVID-19.As states begin to prepare to return to a new way of operating during the pandemic, organizations must consider how to ensure the safety of their employees and the public at large.The G4S Return to Work Assurance program is based on the G4S Security Risk Management...
The rise of Security 4.0
April 27, 2020Paul Ragusa
YARMOUTH, Maine—The state of cyber- and physical security convergence has been one of the hottest topics in security for good reason, as it is changing the way security integrators provide and manage programs, technology and services. The rise of Security 4.0, driven by the digital transformation, is creating opportunities as well as challenges, particularly with the vulnerabilities emerging technologies and IoT devices are creating on the network.G4S VP of Integrated Security Solutions, Rachelle...
Sharing the vision of AMAG SES20
March 13, 2020
SAN DIEGO, Calif.—Polishing off the month of February, AMAG Technology held their 20th annual Security Engineering Symposium (SES), focused on developing relationships, creative thinking and earning education credits, all under the theme of “Share the Vision” via open discussions, panels, interactive presentations, speakers and networking opportunities.AMAG staff, sponsors and attendees who all gathered at the Pendry in San Diego, the 21st-24th were welcomed by AMAG President Howard...