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HomeMy WebLinkAbout20143808.tiff RESOLUTION RE: APPROVE CONSENT TO ACQUISITION OF G4S GOVERNMENT SOLUTIONS, INC. (G4S GS), BY CENTERRA GROUP, LLC WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Department of Public Works, has been presented with a letter,dated November 24, 2014, announcing the Acquisition of G4S Government Solutions, Inc. (G4S GS), by Centerra Group, LLC, and WHEREAS,after review,the Board deems it advisable to consent to said acquisition,a copy of said letter is attached hereto and incorporated herein by reference. NOW,THEREFORE, BE IT RESOLVED by the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Department of Public Works, that it hereby Consents to the Acquisition of G4S Government Solutions, Inc. (G4S GS), by Centerra Group, LLC. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 10th day of December, A.D., 2014. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO r' ATTEST:C C.[ �a 04s 1%P u*aX4.I-- v/ boug I as tRad em ach r, hair Weld County Clerk to the Board / • �� arbara Kirkmeyer, ro-Tem B De tf Clerk to the =oard' - .a�,_ .t►. sa an P. Conway SA e APPROVED AS TO FORM:r J 3 I^ - 1� v J�ike Freer County Attorney ;�I� (��� 2 V� i�Tam V Garcia Date of signature: /""/2 2014-3808 cc, (tea-, Po /24/ EG0070 Page 1 of 1 Esther, Attached is letter that G4S was bought by another company. We need to put this on the agenda for the BOCC approval of the assignment to the new company. &te&wed* Cpfr Barbara Connolly, CPA Weld County Government Controller 1150 O Street Greeley, CO 80631 (970)356-4000 ext 4445 2014-3808 file://C:\Users\egesick\AppData\Local\Microsoft\Windows\Temporary Internet Files\Cont... 12/5/2014 CIPP4.5 RECEIVED C CSnTErra GOVERNMENT SOLUTIONS DEC 0 4 2014 WELD COUNTY COMMISSIONERS November 24, 2014 GENERAL NOTICE OF ACQUISITION & NAME CHANGE G4S Government Solutions, Inc. (G4S GS) was established in 1960 as Wackenhut Services, Inc. (WSI). In 2008, G4S GS acquired All-Star Corporation as a wholly-owned subsidiary, and in 2011 rebranded All-Star and its subsidiary companies to the G4S name. Throughout the past 54 years, G4S GS/WSI/All Star have grown in both size and complexity to become a stable and consistent service provider to the US government and other critical infrastructure customers. These services include security, fire, facilities maintenance, construction and fleet services. Effective today, G4S GS has been acquired by an American owned company, who purchased G4S GS in a 100% stock purchase from G4S, plc, a United Kingdom company. G4S GS' diversity of services and its stellar past performance made G4S GS and its subsidiaries highly attractive for acquisition. This coupled with the desire of G4S, plc to divest itself of certain US operations, has presented an exciting opportunity for G4S GS to be acquired by a US private equity firm. The acquisition of G4S GS is a 100% stock purchase, keeping the entity intact. The acquisition will not affect management, operations, key personnel or the entity itself. The Federal Employer Identification Number (FEIN), Commercial and Government Entity (CAGE) code and the Dun & Bradstreet (DUNS) numbers of the company will remain the same. The name of G4S GS will change to Centerra Group, LLC and we will begin our transition to the Centerra brand in December 2014 with plans to fully rebrand any companies with the G4S name to the Centerra name within 30 days. During the 30-day transition period, we will use both our current G4S GS brand along with the Centerra brand, until fully rebranded. As we move through the transition, we will remain committed to providing professional, integrity-driven services that have enabled our successes and earned your trust since 1960. Please feel free to contact your Operations or Contracts POC or myself should you have any questions or concerns. Sincerely, Paul P. Donahue President & CEO 12- 10 l4 CC:Acoi-, (✓i Hello