MONTREAL, QUEBEC, CANADA--(Marketwire - November 13, 2012) - Garda World Security Corporation ("Garda") (TSX:GW), one of the leading Security Solutions and Cash Logistics firms in the world, announced today that the consortium formed by Stephan Cretier, Founder, Chairman and CEO of Garda, and a subsidiary of funds advised by Apax Partners ("Apax"), a global private equity firm, have concluded the acquisition (the "Transaction") of Garda and have acquired all of the outstanding Class A shares of Garda (the "Common Shares") for cash consideration of $12 per Common Share. As a result of the completion of the Transaction, it is expected that the Common Shares of Garda will be delisted from the Toronto Stock Exchange on or about November 15, 2012 at the closing of the market.
For shareholders who held their Common Shares through a broker, the payment of the consideration will be processed through their broker. For shareholders who held their Common Shares in registered form, the payment of the consideration will be processed after they deposit their share certificates with Canadian Stock Transfer Company Inc., the depositary for the Transaction, in accordance with the instructions in the Letter of Transmittal previously sent. Any questions regarding payment of the consideration, including any request for another form of Letter of Transmittal, should be directed to the depositary via telephone at 1 (800) 332-6179 (toll free in North America) or via email at email@example.com.
The Letter of Transmittal and details regarding the Transaction contained in the management information circular of Garda dated September 24, 2012 can be found under Garda's profile at www.sedar.com.
Garda is a global provider of security and cash logistics solutions. With headquarters in Montreal, Canada, the firm's 45,000 dedicated professionals, among the most highly qualified and best-trained in the industry, serve clients in countries throughout North America, Europe, Latin America, Africa, Asia and the Middle East. Garda works with clients in a broad range of sectors and industries including financial institutions, retailers, governments, humanitarian relief organizations and the natural resources, construction and telecommunications industries. Garda's global experts take the time to fully understand their clients' business goals and objectives in order to customize solutions with strong local engagement that meet their needs. As a result, clients can improve operational performance, meet their business obligations, and achieve their corporate objectives. With proven experience and a commitment to ensuring the highest ethical standards in everything the company does, Garda has earned a reputation for integrity, leadership and uncompromising safety standards. Most importantly, businesses, governments and individual clients place their trust in Garda. For further information about Garda, please visit: www.garda.com.
ABOUT APAX PARTNERS
Apax Partners is one of the world's leading private equity investment groups. It operates across the United States, Europe and Asia and has more than 30 years of investing experience. Funds under the advice of Apax Partners total over US$35 billion around the world. These Funds provide long-term equity financing to build and strengthen world-class companies. Funds advised by Apax Partners invest in companies across its global sectors of Tech & Telecom, Retail & Consumer, Media, Healthcare and Financial & Business Services. For further information about Apax, please visit: www.apax.com.