Align Capital Partners has made an investment in Global Guardian, a provider of Duty of Care related security, medical and travel-related services. The firm partnered with Global Guardian’s senior management team which includes experienced former military and federal security personnel, and business professionals.
Duty of Care (DoC) is a legal requirement that individuals or organizations must ensure the safety, well-being, and protection of others who may be affected by their actions or decisions. If a DoC obligation exists and is breached, and this breach leads to harm or injury to another person, the person who breached the DoC could be held legally responsible for the resulting damages.
From a corporate perspective, DoC requires that an organization diligently safeguards the well-being and interests of its employees, stakeholders, and public. This obligation entails not only the provision of a secure working environment, but also extends to the prudent management of risks and the implementation of safety protocols.
Global Guardian’s suite of services assists its clients with fulfilling DoC obligations and address the risks of traveling and doing business globally. The company’s service capabilities includes personnel tracking, emergency response, security and transportation support, intelligence and due diligence medical support, emergency and custom aviation, cyber security, and video surveillance monitoring.
McLean, Virginia-headquartered Global Guardian operates a 24-hour Operations Center which identifies, monitors, and responds to threats and emergencies with a network of on-the-ground security and response teams in over 130 countries.
“Global Guardian’s differentiated model has led to strong client adoption and driven tremendous growth over the past decade,” said Dale Buckner, a co-founder and CEO of Global Guardian. “As we planned for future expansion, it was the right time in our company’s evolution to find a strategic growth investor. Our partnership with ACP will allow for on-going investment in the resources and technology needed to support our clients with the highest degree of care to safeguard their assets from continually evolving global threats.”
Customers of Global Guardian includes individuals, families, and companies that are active in the energy, technology, law, financial services, entertainment and media, manufacturing, retail, consumer products, non-profits, and education sectors.
“The team at Global Guardian is providing truly mission-critical services to its customers and is gaining share in the market based on the company’s relentless dedication to providing a highly reliable, full-service model,” said Chris Jones, the managing partner of ACP. “We’re eager to build upon this strong foundation by leveraging ACP’s operating and growth resources, including the evaluation of add-on acquisitions early in our partnership.”
ACP invests from $20 million to $60 million in North American-based companies that have from $3 million to $15 million of EBITDA and enterprise values of up to $150 million. Sectors of interest include software and tech-enabled services, professional business services, industrial services, specialty manufacturing and specialty distribution. ACP has offices in Dallas and Cleveland.
In November 2022, ACP closed its third fund, Align Capital Partners Fund III LP, above target with $620 million of capital commitments. With the closing of ACP III, the firm has raised approximately $1.4 billion since its founding in 2016.
In addition to Mr. Jones, the Global Guardian transaction team included Senior Operating Partner Dave Tiley, Vice President James Moss, and Senior Associate Sarah Whitney.
© 2023 Private Equity Professional | August 17, 2023
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- Source: https://peprofessional.com/blog/2023/08/17/acp-launches-new-platform-with-global-guardian-investment/
