Simpson Thacher is representing Garda World Security Corporation (“GardaWorld”) in its announced offer for the entire issued and to be issued ordinary share capital of G4S plc (“G4S”). The offer represents an equity value of approximately £2.9 billion.
Additionally, the Firm is also representing GardaWorld in the committed debt financing related to its announced offer for the entire issued and to be issued ordinary share capital of G4S. The transaction is expected to be financed with $4.25 billion of secured and unsecured USD term loans and bridge financing, €1.29 billion of secured Euro term loans and bridge financing, as well as equity financing provided by funds advised by BC Partners.
GardaWorld is the largest privately-owned security services and cash services company in the world with a successful 25-year track record and operations that currently span North America, Europe, Africa and the Middle East. GardaWorld has served the United Kingdom for more than 15 years as a partner of choice entrusted to protect critical government infrastructure around the world.
The Simpson Thacher team includes Ben Spiers, Ryerson Symons, Adam Signy, James Campisi, Jenny Leung and Alan Davies (M&A); Eli Isak, George Dyesmith, Leah Nudelman and Michael Ratay (Credit); Kenneth Wallach, Brian Rosenzweig, Ryan Bekkerus, Nick Shaw, Lisa Zhang, John Lim and Tommy Garber (Capital Markets); Jonathan Lindabury and Nathan Utterback (Derivatives); Sara Razi, Kelly Karapetyan, Étienne Renaudeau, Kenneth Ehrhard, John Goheen, Pauline Patat, Sarah Routh and Anna Battersby (Antitrust); Sophie Staples (Tax); and Melanie Jolson (IP).