Allied Universal / G4S

active

Services / Security — Warburg Pincus / CDPQ

Deal Terms

Entry Year2021

Entry EV$18B

Entry Multiple10x

Leverage6x

Debt Amount$10.8B

Risk Metrics

LTV (est.)60%

Debt / EV0.60x

Notes

Warburg Pincus/CDPQ-backed Allied Universal acquired UK's G4S for $5.3B (2021) — creating world's largest security company. 800,000+ employees globally, $18B+ revenue. $10.8B+ combined debt. Largest PE-owned employer on earth. Security guards earning near minimum wage while PE extracts billions. IPO targeted for 2026.

Sponsor

Warburg Pincus$83B AUM