M&A Deal Summary

Garda World Security Acquires Intercon Security

On May 30, 2013, Garda World Security acquired safety/security company Intercon Security from Tyco International

Acquisition Highlights
  • This is Garda World Security’s 1st transaction in the Safety/Security sector.
  • This is Garda World Security’s 1st transaction in Canada.
  • This is Garda World Security’s 1st transaction in Ontario.

M&A Deal Summary

Date 2013-05-30
Target Intercon Security
Sector Safety/Security
Buyer(s) Garda World Security
Sellers(s) Tyco International
Deal Type Divestiture

Target

Intercon Security

Toronto, Ontario, Canada
Intercon employs approximately 1,700 security professionals and is providers of guarding services in Canada.

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Buyer(S) 1

Buyer

Garda World Security

Montreal, Quebec, Canada

Category Company
Founded 1995
Sector Safety/Security
DESCRIPTION

Garda World Security Corp. is a privately owned security services providers, offering a range of highly focused business solutions including cash services, protective services, and aviation services. GardaWorld works across a broad range of sectors, including natural resources and critical infrastructures, retail, construction, telecommunications, and manufacturing, and on behalf of Fortune 500 companies, governments, NGOs, and humanitarian relief organizations. Garda World was formed in 1995 and is based in Montreal, Quebec.


DEAL STATS #
Overall 2 of 8
Sector (Safety/Security) 1 of 5
Type (Divestiture) 1 of 2
State (Ontario) 1 of 2
Country (Canada) 1 of 2
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-11 Security Armored Car Service

St. Louis, Missouri, United States

Security Armored Car Service, Inc. is a provider of armored car services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-17 G4s Cash Solutions

Toronto, Ontario, Canada

G4s Cash Solutions (Canada) Ltd. is the Canadian cash handling unit of G4S.

Buy CA$110M

Seller(S) 1

SELLER

Tyco International

Mahon, Ireland

Category Company
Founded 1960
Sector Safety/Security
Employees57,000
Revenue 9.9B USD (2015)
DESCRIPTION
Tyco office in Irvine, California.
Tyco office in Irvine, California.

Tyco International Ltd. is a global provider of security products and services, fire detection and suppression products and services and life safety products. The Company's portfolio of products and services, sold under brands such as Tyco, SimplexGrinnell, Sensormatic, Wormald, Ansul, Simplex, Scott and ADT serve security, fire detection and suppression and life safety needs across commercial, industrial, retail, institutional and governmental markets. Tyco International Ltd. was established in 1960 and is headquartered in Mahon, Ireland.


DEAL STATS #
Overall 15 of 18
Sector (Safety/Security) 4 of 7
Type (Divestiture) 11 of 14
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-28 ADT

Boca Raton, Florida, United States

ADT is a provider of security and automation solutions for homes and businesses in the United States and Canada. ADT's broad and pioneering set of products and services, including ADT Pulse® interactive home and business solutions, and health services, meet a range of customer needs for today’s active and increasingly mobile lifestyles. ADT was founded in 1874 and is based in Boca Raton, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-29 Exacq Technologies

Fishers, Indiana, United States

Exacq Technologies, Inc., a developer of open architecture, Video Management System (VMS) solutions for security and surveillance applications. Our exacq Vision VMS client-server solutions are scalable from a small single camera solution to large scale corporate or campus systems with thousands of cameras.

Buy $150M