Allied Universal, a leading global security and facility services company, has completed its strategic acquisition of Attenti Group, one of the world’s leading electronic monitoring companies. This acquisition along side the recent G4S acquisition creates a global market leader with, according to Allied Universal, “a combination of unrivalled capabilities.”
This enables the combination of Attenti and G4S Monitoring Technologies, to create a global leader in electronic monitoring solutions. With combined revenues of over $160 million and operations in 35 countries, the new company will offer customers access to industry leading technology innovation and an even greater depth of expertise and support.
“This acquisition gives our electronic monitoring business a global footprint and an established platform for continued growth in North America, which is the world’s largest opportunity for electronic monitoring,” said Steve Jones, Chairman and CEO of Allied Universal.
Ashley Almanza, Executive Chairman, Allied Universal International said, “We are delighted to be completing this transaction and believe that the combination of Attenti and G4S Monitoring Technologies, creates a global market leader with highly complementary market positions and unrivalled capabilities that will drive growth and create value for current and new customers.”
Attenti Group and G4S Monitoring Technologies have been at the forefront of offender monitoring innovation for over 25 years, offering products and systems that are trusted by government agencies and correctional service providers worldwide to reliably monitor around 140,000 people every day.
David Byrne, President of the newly formed combined business said “We are delighted to offer enhanced products and services to our customers globally and, as we continue to grow our business, to create exciting new opportunities for our employees.”