A consortium led by Stephan Crétier and HPS Investment Partners to acquire a majority stake in GardaWorld from BC Partners at CAD13.5bn valuation.

A consortium led by Stephan Crétier and HPS Investment Partners, and including Oak Hill Advisors and OneIM, agreed to acquire a majority stake in GardaWorld, a Canadian private security firm, from BC Partners, a global private equity firm, at CAD13.5bn valuation. “In an increasingly complex world, I have discovered that prominent organizations aspire to partner with a vetted entrepreneurial success story. GardaWorld is more than one entrepreneur. It is a group of truly aligned like-minded leaders committed to doing what is best for clients, employees and stakeholders. I am humbled by the professionalism and dedication of my international group of colleagues and the unique DNA we have developed. This is what I call a winning team. We have come a long way since our modest beginnings when I started this company with a CAD25k-second mortgage on my home almost 30 years ago," Stephan Crétier, GardaWorld Founder, Chairman, President and CEO.