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Vivint owners sell guard company for $1.67 billion

July 8, 2015Spencer Ives

NEW YORK—Blackstone, a private equity firm based here, recently announced the $1.67 billion sale of security guard company AlliedBarton to Wendel, a Paris-based private equity group. AlliedBarton is now looking at acquisitions, Robert Perry, president and CEO of Robert H. Perry and Associates, told Security Systems News.Perry said the deal will impact the entire industry. “I think it's very positive for the industry … I think it's going to attract a lot more investors to the industry...

AlliedBarton, Blackstone, Robert H. Perry & Associates, robert perry, Wendel