A consortium led by Stephan Crétier and HPS completed the acquisition of a majority stake in GardaWorld from BC Partners at $9.7bn valuation.

A consortium led by Stephan Crétier and HPS Investment Partners, and including Oak Hill Advisors and OneIM, completed the acquisition of a majority stake in GardaWorld, a Canadian private security firm, from BC Partners, a global private equity firm, at $9.7bn valuation. "GardaWorld builds global champion businesses. Our high-growth global champions lead their industries, driven by operational excellence, innovation, adaptability and exceptional value creation. Everyone loves a great success story – our journey to global leadership in security is one of the most compelling and inspiring, fueled by an entrepreneurial spirit," Stephan Crétier, GardaWorld Chairman, Founder, President and CEO.