Garda World Security Corporation’s Acquisition of Tidel and Gunnebo

Simpson Thacher and Noerr represented Garda World Security Corporation on the deal. Vinge advised Gunnebo.

Garda World Security Corporation signed a definitive agreement for the acquisition of Sweden-based Gunnebo Group’s cash management business, comprising automated cash processing solutions, software and related services, with a leading market position in EMEA, LATAM and APAC for a combined consideration of approximately C$900M.

GardaWorld is one of the world’s largest security companies with more than 120,000 employees and is a market leader in cash solutions.

The cash management business, one of the Gunnebo Group’s three segments, is present in markets around the world and offers its customers, ranging from banks to public transport and retail, solutions for automated cash handling, including specialised software, machines and devices, as well as services in the areas of closed cash handling systems, cash recycling and cash deposits.

The Simpson Thacher team included Ryerson Symons, Matt Gabbard, Cedric Karaoglan and Sheena Sangal (M&A); Jeannine McSweeney (Picture), Alan Fenyes and Meredith Brenton (Executive Compensation & Employee Benefits); Benjamin Rippeon and Ed Grais (Tax); Lori Lesser, Alysha Sekhon and Samuel Watters (Intellectual Property); Krista McManus and Stephanie Brenner (Real Estate); Michael Isby (Environmental); Steven DeLott (Insurance); Sara Razi, Étienne Renaudeau, Kelly Karapetyan, John Goheen and Henry Llewellyn (Antitrust); and Adam Shapiro, Leah Nudelman, Daniel Kim and Paige Brinton (Credit).

Vinge’s team consisted of Christina Kokko, Matthias Pannier, Maria Dahlin Kolvik, Viktor Lennartsson and Nina Fathjalali (M&A), Mathilda Persson and Martin Boström (Commercial Agreements/IT), Stojan Arnerstål and Michael Montner (IP), and Cathrin Larsson, Sara Dahlros Sköld and Christoffer Widström (VDR).

The Noerr team included Laurenz Tholen (partner), Jin-Sa John Jun (senior associate, both Private Equity/M&A, Berlin), Anna Olbrys-Sobieszuk (senior associate, Berlin), Benjamin Jahn (partner, Munich), Tabea Gutmann (associate, Berlin), Torsten Kraul (partner), Marvin Bartels (associate, Berlin), Christoph Rieken (partner), Katja Schmitt (senior associate, Munich).

Involved fees earner: Marvin Bartels – NoerrTabea Gutmann – NoerrBenjamin Jahn – NoerrJin-Sa John Jun – NoerrTorsten Kraul – NoerrAnna Olbrys-Sobieszuk – NoerrChristoph Rieken – NoerrKatja Schmitt – NoerrLaurenz Tholen – NoerrStephanie Brenner – Simpson Thacher & BartlettMeredith Brenton – Simpson Thacher & BartlettPaige Brinton – Simpson Thacher & BartlettSteven DeLott – Simpson Thacher & BartlettAlan Fenyes – Simpson Thacher & BartlettMatthew Gabbard – Simpson Thacher & BartlettJohn Goheen – Simpson Thacher & BartlettEdward Grais – Simpson Thacher & BartlettMichael Isby – Simpson Thacher & BartlettDaniel Junghyun Kim – Simpson Thacher & BartlettCedric Karaoglan – Simpson Thacher & BartlettKelly Karapetyan – Simpson Thacher & BartlettLori Lesser – Simpson Thacher & BartlettHenry Llewellyn – Simpson Thacher & BartlettKrista McManus – Simpson Thacher & BartlettJeannine McSweeney – Simpson Thacher & BartlettLeah Nudelman – Simpson Thacher & BartlettSara Razi – Simpson Thacher & BartlettÉtienne Renaudeau – Simpson Thacher & BartlettBenjamin Rippeon – Simpson Thacher & BartlettSheena Sangal – Simpson Thacher & BartlettAlysha Sekhon – Simpson Thacher & BartlettAdam Shapiro – Simpson Thacher & BartlettRyerson Symons – Simpson Thacher & BartlettSamuel Watters – Simpson Thacher & BartlettStojan Arnerstål – VingeMartin Boström – VingeMaria Dahlin Kolvik – VingeNina Fathjalali – VingeChristina Kokko – VingeViktor Lennartsson – VingeMichael Montner – VingeMatthias Pannier – VingeMathilda Persson – Vinge;

Law Firms: NoerrSimpson Thacher & BartlettVinge;

Clients: Garda World Security CorporationGunnebo AB;

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Author: Youness Semri