Target: Intercon Security Limited
Transaction Type: Sell-side Advisory
Industries: Alarm Services, Fire Safety, and Security
Geography: Ontario, Canada

Situation

Seale & Associates was engaged by Tyco International Ltd. to advise on the divestiture of its Canadian guarding business of Intercon Security Limited to Garda World Security Corporation, as part of their corporate strategy to focus on its core business.

Seale & Associates’ Approach

Seale ran a competitive auction process, reaching out to a wide array of potential interested parties and managing multiple strategic investors. Successfully negotiated a win-win transaction.

Outcome

The process resulted in the sale of the business to Garda World Corporation, one of the leading security solutions, cash logistics and global risk consulting firms in the world. Seale’s work has also led Seale to be re-engaged with Tyco International Ltd.