SoftBank Group is reportedly considering the acquisition of Allied Universal, the largest U.S. security services company, in a deal that could total approximately $30 billion, including debt (about ¥4.7 trillion).
Bloomberg reported that SoftBank Group is considering the acquisition of Allied Universal, the largest U.S. security services company. Discussions are at an early stage, and no final decision has been made. The total acquisition value, including debt, could be approximately $30 billion. SBG declined to comment. The developments surrounding the acquisition of Allied Universal could attract market attention. Allied provides data-center security and corporate and event security services, and operates in more than 100 countries worldwide.
Allied's equity value is as high as $18 billion, and it is reportedly carrying approximately $12 billion in debt, including loans and corporate bonds. Allied has expanded its international business through the acquisition of G4S and is reportedly still a multinational company with approximately 770,000 employees. Warburg Pincus and the Caisse de dépôt et placement du Québec (La Caisse), a Canadian public pension fund, are also reportedly involved as investors.