Vivint Parent Blackstone Group Sells Off AlliedBarton Security Services
The guarding services provider, with more than 3,300 clients, sells to a French investment firm for $1.67 billion.
The guarding services provider, with more than 3,300 clients, sells to a French investment firm for $1.67 billion.
The news agency reports Blackstone could fetch $1.5 billion for AlliedBarton, which it acquired in 2008 for approximately $750 million.