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.
Leading Security Guard Companies Looking To Buy Each Other
UK’s G4S, U.S.’s Allied Universal, and Canada’s GardaWorld are all in negotiations to buy one another. In the estimated US$244-billion global human security guard market, Allied Universal’s approximate US$4-billion acquisition of G4S is being rejected as “inadequate.” Allied Universal on Oct. 28 tabled a “highly conditional indicative offer” of at least 210 pence per share, subject to due diligence.
Security Guard Catches Child from Burning Apartment Building
An off-duty Allied Universal security guard, Phillip Blanks, caught a three-year-old child who was dropped from a burning apartment in Phoenix last week. As smoke and flames engulfed the apartment, Blanks saw what was happening and ran towards the building. Cellphone video shows Blanks running toward the building, where the third story apartment was engulfed. A woman believed to be the child’s mother desperately dropped him off the third-floor balcony.
WeSuite Delivers Mobile Selling at Its Best with Enhancements to Its QuoteAnywhere Web-Based Platform
WeSuite will introduce a new Business Forms Module and email-based automated approval of presale estimates at ISC West in Las Vegas, April 10-12, 2024. Both features will be available to users of WeSuite’s web-based platform, QuoteAnywhere, without the need for configuration or management via WeEstimate software. As WeSuite continues to invest in its QuoteAnywhere solution, these features are two of many that will make it the most robust, stand-alone web-based quoting tool for security professionals.
Security-Net Welcomes Louis Boulgarides from Ollivier Managed Security
Security-Net introduce its newest member, Louis Boulgarides from Ollivier Managed Security based in Los Angeles. This addition expands Security-Nets reach on the West Coast and brings its membership total up to 18 security integration company partners in North America. Boulgarides brings to Security-Net a diverse and extensive career in the security industry.
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.
G4S in EMEA Selects Dedrone to Bring Airspace Security to Customers Across 50 Countries
New partnership makes Dedrone the only counterdrone solution offered by G4S in EMEA Dedrone announced that it has entered a partnership with G4S. G4S will now offer Dedrone’s command and control (C2) drone detection, tracking and identification (DTI) solution suite to its customers in more than 50 countries across EMEA. “This partnership with Dedrone enables […]
Security Sector Welcomes Cruising’s Return & Seeks to Hire 300 Security Pro’s in Ft. Lauderdale
Carnival Cruise Lines welcomes Mardi Gras, its first ship powered by liquid natural gas, to Port Canaveral this Friday morning, every business sector that supports the cruise industry, as well as eager passengers, welcome the resumption of cruising in the United States this summer. Celebrity Cruises will offer the first cruise ship conducting passenger operations since the shut-down, with Celebrity EDGE set to sail on June 26th 2021 from Port Everglades.
AMAG Technology™ Introduces Financial Services Program Empowering Channel Partners with Leasing Alternatives
AMAG Technology™ announces the launch of AMAG Technology Financial Services, a groundbreaking initiative designed to provide channel partners with flexible leasing alternatives for their customers. This program offers a strategic resource for channel partners, allowing them to offer customers the choice between purchasing products and services outright or leasing them for an agreed-upon term.
AMAG Technology Unveils New Strategic Direction, User Experience, Products Ahead of Largest Security Technology Tradeshow
AMAG Technology announced a new strategic direction that focuses on an expanded view of the company’s product portfolio and improved customer experience for channel partners and end users. The strategy has the full support of Allied Universal®, AMAG Technology’s parent company and the world’s leading security and facility services provider. The new strategic direction reflects the company’s unwavering commitment to innovation, excellence, user experience and security.
Redefining Corporate Protection With The Fusion of Human Security Expertise And Robotics
In recent years, the security industry has undergone a significant transformation. It has begun to blend automated security systems with professionally trained security personnel to provide comprehensive protection for companies and their employees. The COVID-19 pandemic exacerbated the transition and forced a shift towards remote work and reduced headcounts—bringing the need for cost-effective security solutions to enhance human surveillance.
AMAG Technology Welcomes Ann Marie Mansfield as Director, Commercial Excellence
AMAG Technology announces the hiring of Ann Marie Mansfield as the new Director, Commercial Excellence. The Director, Commercial Excellence is a newly created role designed to develop internal and external programs, lead generation opportunities, and tools to make it easy to do business with AMAG Technology. This strategic move reflects AMAG’s commitment to effectively deliver integrated solutions and enhance its customer-focused approach.
Over 13,000 Registrants Across 85 Countries participated in GSX 2022
Global Security Exchange (GSX) 2022 has concluded at the Georgia World Congress Center in Atlanta, Georgia. Presented by ASIS International, the event offered discussion and idea exchanges for the global security community. Attendance exceeded projections, with more than 13,000 registrants from 85 countries along with more than 400 exhibitors demonstrating the latest security solutions.
MSA Security Launches Firearms Detection Canine Services
MSA Security announced a newly executed exclusive agreement with Shallow Creek Kennels to train MSA canines in firearms detection. This capability enhances the company’s existing threat detection offerings, creating a sophisticated new solution to address the escalating active shooter and criminal threat. MSA Security has been the industry’s leading Explosive Detection Canine (EDC) provider for over three decades with more than 800 DHS SAFETY Act designated teams deployed around the world. MSA EDC teams are capable of detecting a full range of commercial and homemade explosives, including black powder used in firearms.
Sage Integration Names Jim Geyer Vice President of Sales
Sage Integration has named industry veteran Jim Geyer as its new vice president of sales. Geyer will lead an expanding sales team as Sage continues to grow its national footprint protecting clients’ people, facilities and reputations with innovative, on-the-ground support. With Geyer’s 22 years of security industry experience, the Sage executive team saw a leader who offered tactical sales abilities while also demonstrating broader strategic knowledge.
The New Age of Safety and Security
With the advent of the pandemic and societal unrest, today’s government agencies are faced with evolving threats like never before. The pandemic, which has created higher unemployment rates and civil unrest across the nation, has created the ‘perfect storm’ for increased crime. The Wall Street Journal reported that in a survey of municipal budget officers, the average municipality tax revenue has declined 11% year over year. How can today’s agencies ensure the protection of their employees and their property in times of heightened security needs in a financially feasible way?