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Vivint owners mull sale of security guard company

March 11, 2015Martha Entwistle

The Blackstone Group, which bought home security giant Vivint for $2 billion in 2012 is reportedly exploring the sale of security guard company AlliedBarton, according to a report this week from Reuters. The report said the deal should be valued at about “$1.5 billion, including debt.” Blackstone has hired investment bank Credit Suisse Group AG to explore the sale, the report said. The report quoted an AlliedBarton spokeswoman saying that it's “the right time for a new private equity...

AlliedBarton, sale, The Blackstone Group, Vivint

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