Search Results for: G4S

Allied Universal Launches Global Acquisition Growth Strategy With First International Purchase Since G4s; Acquires UK-Based T.S.S.

Allied Universal continues its strategic growth as G4S Secure Solutions UK, an Allied Universal company, has announced the acquisition of T.S.S. (Total Security Services). This purchase strengthens the company?s position as a major UK provider of security services, with industry leading talent, expertise and market coverage. TSS, a family-owned business with over 6,500 front line staff providing service to some of the UK?s largest retailers, has more than $170 million in revenue.

Bidding War for G4S Takeover Comes to a Close

February 2021 saw a bidding war for G4S between Allied Universal and GardaWorld come to a close. Allied’s bid of GBP 3.8 bn at 245 pence per share, backed by private equity firm Warburg Pincus and Canadian pension fund Caisse de Depot et Placement du Quebec, won the auction as GardaWorld did not increase its offer of 235 pence per share. G4S’ board has supported Allied’s bid and has made a recommendation for its shareholders to vote to accept the acquisition. The merger is set to result in a private security services Goliath with worldwide reach.

G4S Announces Expansion of Return to Work Assurance Program to Help During COVID-19 Reopenings

G4S expanded the solutions of the G4S Return to Work Assurance program, a new, comprehensive set of solutions to assist organizations with security planning and implementation as they reopen business operations during COVID-19. G4S? program outlines critical jobs to be done and guidelines for keeping workers and the public safe. Program Addresses Requirements and Jobs to Be Done by People, Process and Technology.

G4S Announces Return to Work Assurance Program to Assist Organizations as Reopenings Begin

G4S announced the G4S Return to Work Assurance program, a new comprehensive solution developed to assist organizations with security planning and implementation as they consider the reopening process during COVID-19. As states begin to prepare to return to a new way of operating during the pandemic, organizations must consider how to ensure the safety of their employees and the public at large. The G4S Return to Work Assurance program is based on the G4S Security Risk Management Model.

G4S Adds AI-based Stabilitas Critical Event Intelligence Engine to its Risk Operations Center (ROC) Offering

G4S announced a partnership with Stabilitas, a critical event intelligence provider, to integrate their platform into G4S? Risk Operations Center. The result will be delivery of real-time, actionable and innovative intelligence to complement the ROC?s situational awareness, analysis, crisis management and threat monitoring services from one dedicated location. This solution is particularly relevant to companies that need to identify current and potential COVID-19 hotspots.

Avigilon Partners With G4S In Video Analytics Trial To Prevent Smuggling

Avigilon Corporation, provider of trusted security solutions, announced that it has partnered with G4S in a trial to use Avigilon’s video analytics to help prevent the smuggling of contraband in a UK prison. Located in Fazakerley, Liverpool, HMP Altcourse is managed by G4S and set to begin a trial of Avigilon’s video analytics this week to help protect against organized criminals who throw drugs and other contraband over prison walls to associates on the inside.

G4S Stock Dives On News It Employed Orlando Shooter

Shares in security firm G4S slumped to their lowest since 2009 after it emerged that the gunman who killed 50 clubbers in a Florida nightclub this weekend was an employee. Omar Mateen, an American citizen who pledged allegiance to Islamic State before embarking on the massacre at the Pulse nightclub in Orlando, had worked for the global giant since 2007, the company confirmed.

G4S Stock Cut to Hold at Zacks (GFSZY)

Zacks cut shares of G4S PLC UNSP (OTCMKTS:GFSZY) from a buy rating to a hold rating in a research report released on Friday. Several other brokerages also recently commented on GFSZY. Stifel Nicolaus initiated coverage on G4S PLC UNSP in a research note on Tuesday, April 21st. They issued a buy rating for the company. BNP Paribas lowered G4S PLC UNSP from an outperform rating to a neutral rating in a research report on Thursday.

G4S Technology Showcases New Technology Services Center During ASIS 2014

G4S Technology, a security systems integrator and project management company is launching its new Technology Services Center (TSC) at ASIS 2014. The sophisticated G4S TSC acts as the master control hub for G4S Technology’s superior video monitoring and real-time maintenance and network operations ensuring the highest level of security and reliability.

G4S Launches Symmetry V8 Access Control Software

G4S Technology, part of the G4S security solutions provider, is releasing Symmetry V8 access control software. Symmetry V8 is available in Business, Professional, and Enterprise versions and adds support for Microsoft Windows Version 8.1, Server 2012 R2, and SQL 2012. Symmetry V8 is designed to deliver upgraded video and access control capabilities that improve performance […]

G4S Technology Awarded $1.8M Contract To Upgrade Killeen Fort Hood Airport

G4S Technology, an award-winning security and communications integrator, has been awarded a $1.8-million contract to upgrade security for the Killeen-Fort Hood Regional Airport located in Killeen, TX. The contract, signed in May 2014, includes a Command and Control center, Access Control, integration with the City’s existing Video Management System, and a five-year maintenance agreement on […]

G4S Technology Awarded $12M In Contracts With Virginia Department Of Transportation

G4S Technology, an award-winning security and communications integrator, has been awarded contracts by the Virginia Department of Transportation (VDOT) to provide fiber optic infrastructure, ITS equipment, and services along a 13-mile stretch of I64W near Waynesborough, Virginia. Under the terms of the contracts, G4S Technology will provide electronic messaging signs designed to keep travellers informed […]

G4S Technology creates new service and maintenance division

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Bank Of America Merrill Lynch Secures UK Operations With G4S

Bank of America Merrill Lynch in the UK has awarded security and outsourcing firm G4S a major contract to help protect its operations here. From December this year the three-year contract will see over 200 officers from G4S Secure Solutions protect six key sites for the bank, in a move that G4S says will form one of the company’s largest commercial UK contracts. Under the deal G4S staff will provide reception security, access control, patrolling, administration, CCTV operations and systems, intelligence and risk management at the six sites across the UK and Ireland, including its headquarters at King Edward Street, London. The UK deal will also see G4S provide “sophisticated technology-based security solutions”, said the bank, including handheld devices for G4S officers providing intelligence, reporting and monitoring. Other technology-enabled operations will include reporting procedures harmonised between the UK and the US, leading to a single global standard for the bank. The total value of the contract has not been disclosed. G4S already provides security solutions to over 3,000 Bank of America branches across the US and facilities across the world. G4S has just confirmed that the chief executive of its UK and Ireland business, Richard Morris , has resigned after 10 years at the company. He has been replaced by Eddie Aston, who was the company’s chief operating officer. Morris’ departure comes after a series of controversies surrounding G4S’s work on public contracts, including being accused of overcharging for them. And last year, a failure in an internal computer […]

Allied Universal to Acquire J E Security Systems & Services Inc.

Allied Universal announced the proposed acquisition of the assets of J E Security Systems & Services Inc., a comprehensive guarding and technology provider based in St. Thomas, Barbados. This proposed acquisition is through Allied Universal’s subsidiary, G4S Secure Solutions (Barbados) Limited and is expected to close during the first quarter of 2024. J E Security Systems & Services has provided electronic security, patrol and response services to the island’s residents and businesses for more than 30 years.

Allied Universal Announces Acquisition of Elite Tactical Security in Las Vegas

Allied Universal and MSA Security®, an Allied Universal company, announced the strategic expansion of services in the Las Vegas region with the acquisition of Elite Tactical Security Solutions. lite Tactical provides specialized security solutions to hospitality and entertainment clients throughout the Las Vegas area, including security and executive protection officers as well as explosives- and firearms-detection canine teams.

Physical Security a Top Priority for Campus Security

Campus life, whether elementary, high school, college, or corporate are intended to be secure places where people can learn, grow, and work. Campuses around the world, nevertheless, have seen violent incidents and threats, and it seems to be increasing in recent years. As a result, Campuses must prioritize physical security measures to guarantee the security of their instructors, staff, students, and visitors.