The strategic acquisition of WorldAware enables GardaWorld to offer its clients access to comprehensive intelligence and security risk management services. GardaWorld’s field operations and extensive security network, which spans 45 countries, will be leveraged so that clients’ employees, operations and assets can benefit from this expertise.

Together, as detailed in a joint statement by the companies, they will advise and serve 25 per cent of the Fortune 500, 35 per cent of the CAC 40 and a multitude of leading UK and European conglomerates; be the second largest executive protection provider to the most prominent family offices, leading Silicon Valley tech firms and global corporations; respond to 35 per cent of the world’s insured kidnap for ransom and extortion cases; monitor and protect over 32 million people a year; and disseminate over 500,000 daily security alerts and intelligence briefings yearly.

Stephan Crétier, Founder, President and CEO of GardaWorld, said: “The competitive landscape has seen radical shifts and an integrated approach to managing risk, coupled with the right mix of capabilities, has never been more important. GardaWorld continues to lead in establishing this new paradigm to the benefit of our clients around the world.

“Winning is in GardaWorld’s DNA—we’ve put it to work by transforming the security market, and now it’s taking us straight to the top of the integrated security risk management space. WorldAware is a leader in this field, and coupled with Crisis24, no other player will be able to measure up to the expertise we can now offer, and the powerful blend of talent, experience, strength and international in-the-field security operations we bring to the table.”

The transaction closed on 10 July and the integration of the business will take place in the coming months. At this time, both WorldAware and Crisis24 will continue to operate under their respective brands and technologies, ensuring a smooth service delivery throughout the integration process.