Letter to BC Partners re GardaWorld G4S-PESP 121420

The Private Equity Stakeholder Project is calling for transparency regarding the management of human capital and essential workers in the event of a merger between G4S and either GardaWorld (owned by BC Partners) or Allied Universal (backed by Warburg Pincus and CDPQ). The letters highlight that such a merger would create the world's largest private security firm, employing between 635,000 and 760,000 people, and express concern over the lack of articulated plans to support these workers.

• The potential acquisition of G4S by either GardaWorld or Allied Universal would result in the creation of the largest private security firm globally, ranking among the top five private sector employers in the world.
• Depending on the successful bidder, the resulting entity would have a workforce of either 635,000 employees (GardaWorld/BC Partners) or more than 760,000 employees (Allied Universal/G4S).
• The Private Equity Stakeholder Project expresses concern that neither bidding group has provided a plan for managing human capital risks or supporting the essential workers of GardaWorld, G4S, and Allied Universal, who were critical during the COVID-19 pandemic.

APA

Baker, J. (2020). Letter to BC Partners re GardaWorld G4S-PESP 121420. Private Equity Stakeholder Project. https://pestakeholder.org/wp-content/uploads/2021/01/Invitations-to-Warburg-Pincus-BC-Partners-for-Investor-Forum.pdf

Chicago

Baker, Jim. Letter to BC Partners re GardaWorld G4S-PESP 121420. Private Equity Stakeholder Project, 2020. https://pestakeholder.org/wp-content/uploads/2021/01/Invitations-to-Warburg-Pincus-BC-Partners-for-Investor-Forum.pdf.

Wikipedia

{{cite press release |last1=Baker |first1=Jim |title=Letter to BC Partners re GardaWorld G4S-PESP 121420 |publisher=Private Equity Stakeholder Project |date=14 December 2020 |url=https://pestakeholder.org/wp-content/uploads/2021/01/Invitations-to-Warburg-Pincus-BC-Partners-for-Investor-Forum.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{baker2020letter, author = {Baker, Jim}, title = {{Letter to BC Partners re GardaWorld G4S-PESP 121420}}, publisher = {Private Equity Stakeholder Project}, year = {2020}, month = dec, url = {https://pestakeholder.org/wp-content/uploads/2021/01/Invitations-to-Warburg-Pincus-BC-Partners-for-Investor-Forum.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }