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Paul Donahue: Private Equity Firm to Acquire G4S Government Solutions


acquisitionAn unnamed private equity firm has agreed to purchase Florida-based security firm G4S Government Solutions for $135 million.

G4S GS also changed its name to Centerra Group LLC and the renamed company will offer protection and fire support services in the federal market, Centerra said Tuesday.

“The private equity firm plans on developing Centerra Group, LLC as the centerpiece for further federal and critical support investments, ” said Paul Donahue, Centerra president and CEO.

Donahue added the company’s entire management team will stay upon the closure of the sale.

Centerra plans to launch multiple business units to provide national security protection, base operations support, training, fleet maintenance, construction and emergency service offerings during its next quarter.

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