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Tyco Divestiture of North American Guarding Business to GARDA

Case at a glance

TARGET
Intercon Security Limited
INDUSTRIES
Alarm Services, Fire Safety, and Security
TRANSACTION TYPE
Corporate Divestiture
GEOGRAPHY
Ontario, Canada

SITUATION

Seale & Associates was engaged by Tyco International 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.

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.