Announced
Financials
Tags
Majority
Israel
Private
electronic products
Electrical Components
monitoring
Pending
Acquisition
Single Bidder
Friendly
Cross Border
Private Equity
Synopsis
Allied Universal, a global security and facility services company, agreed to acquire Attenti, an electronic monitoring company, from Apollo, a private equity firm, for $240m. "The purchase of Attenti Group aligns perfectly with our long-term strategic growth plan of investing in our international business through the acquisition of high-quality global companies. This acquisition gives Allied Universal Electronic Monitoring Services a global footprint and an established platform for continued growth in North America, which is the world's largest opportunity for electronic monitoring," Steve Jones, Allied Universal Global Chairman and CEO.
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