G4S announces definitive agreement to sell G4S Cash Solutions (SA) Proprietary Limited to Izi Africa Proprietary Limited

G4S INTERNATIONAL HOLDINGS LIMITED has entered into a definitive agreement to sell G4S Cash Solutions (SA) Proprietary Limited to Izi Africa Proprietary Limited. The sale is subject to customary regulatory approvals.

G4S has, since 1994, been a major investor in South Africa and remains committed to investing in and growing its security business (G4S Secure Solutions) and its payment technology business (Deposita), both in South Africa and across Africa. G4S’s regional headquarters for Africa will continue to be based in South Africa.

Izi Africa is an affiliate of Izi Cash, an established South African CIT and cash management company. G4S believes that the transaction with Izi Africa provides a sustainable future for the business and significant benefits for employees, customers and suppliers.

G4S is being advised on this transaction by ENS and DG Capital.

About G4S, An Allied Universal® Company

In 2021, G4S, a London-based global security company, was acquired by Allied Universal®, a leading security and facility services company that provides proactive security services and cutting-edge smart technology to deliver tailored, integrated security solutions. This acquisition expands Allied Universal’s footprint and infrastructure on a global and local level. Through the company’s vast network of approximately 800,000 employees, we leverage global best practices in communities all over the world. With revenues of approximately $20 billion, we are supported by efficient processes and systems that can only come with scale to help deliver our promise locally: keeping people safe so our communities can thrive. We believe there is no greater purpose than serving and safeguarding customers, communities, and people in today’s world. Allied Universal is There for you™.