BC Partners

BC Partners in the $5.2 billion recapitalization of GardaWorld

Client

BC Partners

Value

$5.2 billion

Service

Mergers and Acquisitions

Date Closed

Lead Office

Montréal


On July 23, 2019, BC Partners announced its definitive agreement to acquire Rhône Group's equity interest in GardaWorld, the largest privately-owned security and cash services company in the world, in a $5.2 billion recapitalization. Following closing, BC Partners will have a 51% common equity interest in GardaWorld while Stephan Crétier, together with select members of management, will hold 49%. The transaction, which is subject to customary closing conditions, is expected to close by late 2019.

GardaWorld is the world's largest privately-owned security services company, offering cash services, physical and specialized security solutions and, with the Crisis24 portal, the dissemination of vetted information related to international security.  Headquartered in Montreal, GardaWorld has over 92,000 highly skilled, dedicated professionals employed across North America, Africa, Asia and the Middle East.

BC Partners is a UK-based leading international investment firm with over €22 billion of assets under management in private equity, private credit and real estate.

Osler, Hoskin & Harcourt LLP represented BC Partners with a team led by Shahir Guindi and Hugo-Pierre Gagnon, consisting of Calvin Leung, Lynne Lacoursière (Corporate), Firoz Ahmed, Matias Milet (Tax), Damian Rigolo, Shari Cohen (Employment & Labour), Julien Ranger (Pensions & Benefits) and Natalie Munroe (Osler Works Transactional).


Team
Shahir Guindi - Private Equity Lawyer

Shahir Guindi Ad. E.

National Co-chair

Hugo-Pierre  Gagnon

Hugo-Pierre Gagnon

Partner, Corporate

Calvin Leung

Calvin Leung

Associate, Corporate

Lynne Lacoursière - Corporate Lawyer

Lynne Lacoursière

Partner, Corporate

Firoz Ahmed | Tax Lawyer in Toronto

Firoz Ahmed

Partner, Taxation

Matias  Milet

Matias Milet

Partner, Taxation

Damian  Rigolo

Damian Rigolo

Partner, Employment & Labour

Shari Cohen

Shari Cohen

Associate, Employment & Labour

Julien Ranger - Pensions & Benefits Lawyer in Montréal

Julien Ranger

Partner, Pensions & Benefits

Natalie Munroe

Natalie Munroe

Head, Osler Works — Transactional

Jennifer Horton

Jennifer Horton

Associate, Tax