G4S Gov’t Solutions to be Sold for $135 Million

G4S Government Solutions will be sold to the private equity firm Alvarez & Marsal Capital Security Holdings, LLC, for $135 million, its parent company said last week. G4S, the global security company based in the United Kingdom, did not publicly reveal the buyer of its government solutions group, the security contractor formerly known as Wackenhut, but NS&D Monitor previously reported that an affiliate of global professional services company Alvarez & Marsal was set to complete the purchase. The sale price includes $80 million in cash and $55 million in receivables that will be paid over 18 months after the sale is complete.  G4S said the sale is expected to be completed by the end of the year, though NS&D Monitor has learned that it is likely be wrapped up in the coming weeks.