Allied Universal Acquires Attenti
Mega guard provider Allied Universal has acquired Israeli company Attenti declaring that they have become a "global leader in electronic monitoring".
Who is Attenti? Are they a global leader in this space? And how does this transform the guard focused Allied into more of a technology company?
In this report, we examine the acquisition, the low growth in this market, contrasting to its main 3 competitors, concluding with an examination of the future of this market segment within Allied Universal.
Financial *******
**** ********* ** ** ** ** the $*** ******* *****. *** *** acquisition ***** *** *** ******** ** Allied *********'****** ******* ********** ****.
******* *** **** ******** *** **** divested ***** ***** ****, **** ** around ~$*** ******* **********. ** ****, 3M******** ******* *** $*** *********** ******* ******** ~$*** ******* ** revenue. ****, ** ****, ****** ******* ** **** ********, * UK ** ****, *** $*** *******. ******, *******'* ********* ~$** *******.
*******'* **** ******* *** **** **** $150 ******* ***** ** ******'* ***** release ******** **** ********* *** ******** "monitoring ************" ******** *** ******* ***** be "**** $****".
** ******** *******'* ******* ** ** roughly **** *** *** **** ** years. **** ** ***** ** *** 2 ********* ***** **** **** *** 2017 **** ********* ** **** ******'* existing "********** ************" ******** ****** **** tens ** ******** ** ******* *** year (*.*., ******* *** ***** ******** *****-******* ***** ********).
****** ***************** *** ** **** ****, ******** * ******* $** ******* security ******* **** ******** *** ****** competitors. ***** ********** ********** ******** ** less **** *** ******* ** *** entire *******'* ********.
Low ****** ** ****** *****
*** *******'* **** ****** ** ******* is ******* ** *** *******'* ********** headcount **** *** **** * *****,********* ** ********:
Attenti ********* ********
******* ******** ********** ********** ******** ** criminal ******* ********, ********* ******** **** people ***** ***** ****** ** ** parole **** ****** ***** ****** ** monitor ***** *********.
******* **** ****** ** ******* ********** device ****** "***** ****** ******."
*** ******* ** * ***-******* ************, that **** ******* ****** *********** ** "automatically **** *** ******* *** ***********'* identity **** **** ****** ****."
******* **** ****** **/* ********** ********
**** ** ******** ******* ******** ********* live ********** ** ******* *********, **** as *******, ********* *** **** ****** ** ********** ************** *** ****** ********** ********** *** School:
*** *******, ***** *** ******* ********** of *********** ******* ** **** *** primary ********** **** *** ****** ** electronic ********, ** ** **** ********* for ***** ****** ******* ******** *****, making *** ******* *******’* ********** ****** staff *** ** ***** ******* *** 16 ***** * ***.
****** ******** ******* ******** *** ************ pawning *** "************ *********" ** ***** private *********, *** ****** ****:
******* ******* *** ************ ****** ** responsibilities **** *** ******** ********** ************ functions, ******* **** *** ********* ** make ********** ******* *** ****** ** electronic ******** ** ********* ******* ********** services, *** ************* **** ****** ***** movements ** ******* ******* ********** ****** violation ******.
Attenti ******* ********
*** ******** ***** $***, *** ***** must *** ******* * ***** *** ($1-3) **** *** ********* ** ** use,********* ** * ** ********** ********. ******* ******** ***,***+ *********** **** year, ********* ** *** *******'* *******:
*******, ********* ** *** ** *** School ******, ********** ********** ***** *** vary ************* ********* ** *** ********. The ****** ***** ********* ********* **** this ******. ** ******* ** *** US, ** ***** ~$*,*** ** ** on ** ********** *******,*** ** ****** ****.
"Legacy" **********, ****** **********
**** *******'* ********** ** ********** *** a ***** **************** ******** *******:
******* ***** ** *** ************ * lot ** ****** ****.
********** ** * *** *******.
*** **** ***** ** ******* ** the *******, *** ********** ****** ** not *** ****.
***'* ********* ********** *** ******. *** processes. * *** ** ****** ***** that's ***** ***** ****.
**** ** ********** **** *** *** growth ** ***** **** *******'* **** competitors.
3 **** ***********
******* *** * **** ***********, *** GW ***** *****, *********** ************,********* ******** ** ******, *********** ******** ********. ** *** ** ********* *** GW ***** ******** *** *** ******, ~64% ******** *** ** *** * monitoring *********.
*** ** *** * *********, ** Incorporated *** *** **** *********, ********* ~1,200** *** ***************** ~*** ** ********:
******** ****:
** ******* *******, *********, *** ************ 200,000+ *** ********, ******* *********, *** RF ********** ***** ******** ** ********. We ****** **** **** *,*** *************, including ***********, ******** *********, ******** *************, and **** ****** ***************, *** *** supply ***** ******** ********* ** ********** U.S. *******.
******** ******** *************** *** ********* ** ********.
********* ******** ** ****** (****) *********** ** ******* ************** ****, *** ********* ** ******* as ** *********** **********. ****'* ********-****** teams **** *********** **** ******* ********** in ****,********* ~** ********* ** ********:
Little ****** ** ********** **********
*** * ********** ********** ********* *** not **** ** *** **** * years, ********* ** ********. **** ********* the ****** ********** ********** ****** ** less **** $* ******* ********.
**** ** ********** ***** ** ***'* analysis **** *** *****-** ****** ******** in ***** **** ****** ********* *** demand *** ********** ********** **** **** inmates **** ******** **** *******/***** ** prevent *** ****** ** *********.
Privacy/Ethical ****** ****** ******
*** ********** ** *** ********** ********** market *** ** ******** ** ********** concerns ***** ******* *** *** ******* issues ** ******* ***** ******** ** people.
******* ****** **** ******* ** ***** ** *****, ****** **** *** ****** **** privacy *********** ** *** **** ********* by ******** *** *** ****** **** audio ******** ** *** ******* *****:
******** ** ***** ***** ******** **** private ********* ** *****, ******* *** store ********, ******** *** ******** ****. This **** ** ***** ****** **** police, ****** *** ***** ********. *** majority ** ******* ** *** ***** were ****** ** ** ******* *********** or ***** ********* *** *** ** the ****. ** **** ******, ***** monitors **** ***** ******** **** ***** for *********** ****** ** ***** **** and ****** ** ****** ** ********, or *** ****** *** * ******* feature **** ****** ******** ** ******* of *** ****** ** *** *******.
*** ***** **** ******* ** ***** ethical ******, ********* ******* ********** **** for ********* *** ******* ******** *********** and ******* ********** ********** **** ***** set ** ********* ** ** **** likely ** ** **************.
Allied *********** *********
**** **** **** *** **** **** of ** ****** ** ****** *** the ******* ******* ** ****** ********* technology ********* ** ***** ********. ***** the ******** **** ** **** ******** and *** **** ** ****** ******, this ** ****** ********** *** ******. However, ****** ** ****** ** ******** to ****** ********** ********* ** **** evolve *** ******* ** ** **** focused ** ********** *** **** ** manned ******.
***** ***** *** ***** ****** ****
*'* ********* **** *** ****** ** debt ****** ** ********* ** **** all ***** ************. ***** *** ***** are ******* ** ********** ****** ****, and **** ***'* **** ***** **** the ***** ** ******** ** ******** gains. **** ** ***** ** *** next ****** ** **** ** ****** something ***** **** ****** ********* ********, fraud ****** ***** **** ********* **** gains, ** ******* ******* ** **** sort. ***** **** ** * **** seen *** ******** **** ***** ***** employees, *** ********* ****** ** ***********.
***** **** *** ** ****** ** in *** ********** ** ****** ******** among *****. * *** * ****** of **** ********** *********** ** *********** on **** *******/****** **** **** *** trackers ****** **** **** **** *** traditional ** ************ ********* ****.