Garda World Security Corporation Completes $60 Million Acquisition of Rentokil Initial Canada Limited
Garda World Security Corporation (TSX:GW), one of North America’s leading providers of physical security, cash handling, investigative and pre-employment screening services, completed its acquisition of all of the issued and outstanding securities of Rentokil Initial Canada Limited of Toronto, Ontario, a wholly-owned subsidiary of Rentokil Initial plc (LSE:RTO). Rentokil Initial Canada Limited is one of the largest security businesses in Canada. Total cash consideration of approximately $60 Million was paid on this share purchase transaction.
Wildeboer Dellelce LLP represented Rentokil Initial plc and Rentokil Initial Canada Limited with a team that included Rory Cattanach, Susan Mitchell, Anndra Schwartz (corporate/securities) and Kevin Fritz (tax).