Announced
Completed
Financials
Tags
security services
Public
Acquisition
Private Equity
United States
Security Services
Single Bidder
Majority
Completed
Friendly
Synopsis
CDPQ, an institutional investor, completed the acquisition of a 79% stake in Allied Universal, a security services provider in North America, from Wendel for $721m. "I am delighted to see more high-quality investors join Allied Universal to develop further and strengthen its leadership position in the industry. This transaction further solidifies Wendel's success in the US market and provides additional capital with which to invest in other high-quality companies to grow its portfolio over the long-term," David Darmon, Wendel Deputy CEO.
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