SoftBank weighs $30bn Allied Universal acquisition from Warburg Pincus-backed owners
SoftBank Group is considering an acquisition of Allied Universal, the US security services provider backed by private equity firm Warburg Pincus and Canadian pension investor La Caisse, in a potential transaction that could value the business at close to $30bn including debt, according to a report by Bloomberg.
SoftBank Group is mulling over a potential acquisition of Allied Universal, a US security services provider backed by Warburg Pincus and La Caisse, in a deal that could be valued at nearly $30 billion, including debt, according to Bloomberg. The proposal could potentially give Allied an equity value of up to $18 billion. The company also holds around $12 billion in publicly traded loans and bonds, as per Bloomberg data.
However, these discussions are still in their early stages, with no final decision on a transaction or its price announced. The acquisition would enable SoftBank to gain exposure to a major security services platform as founder Masayoshi Son aims to broaden the commercial application of artificial intelligence and robotics. Allied offers security personnel and specialized services across various sectors, including data centers, facilities management, and maintenance.
SoftBank is currently exploring how autonomous robots could be utilized for tasks such as patrols and event security, though scaling up to replace human security staff fully is considered a longer-term goal. This move would complement SoftBank's broader strategy in AI and robotics, such as its $5.4 billion acquisition of ABB's industrial robotics business and its investment in construction robotics company Gravis Robotics.
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