Apax Leads Canadian Take Private Deal


September 13, 2012

This week’s deal of the week looks to be a take private of Montreal-based armored car company Garda World Security CDN$1.1 billion, according  to an Apax press release (via PEHUB).


The consortium for the buyout includes the founder of Garda Securities, who is keen to grow the company by acquisition. Another potential deal of the week is on the horizon, as PEHUB reports rumors that PE giants KKR and Apollo are competing  to acquire a leading US wholesaler of automobiles and other vehicles, called KAR Auction Services Inc, in a deal that could total USD 4 billion.

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