CDPQ to Become Largest Shareholder in Allied Universal

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Caisse de dépôt et placement du Québec (“CDPQ”) announced today a major investment in Allied Universal (the “Company”), the leading security services provider in North America, alongside company management and Warburg Pincus and Wendel, its current financial partners. The transaction values Allied Universal at more than US$7 billion. The investment from CDPQ will support the long-term growth and strategy of the largest provider of integrated manned guarding security services in North America. Part of CDPQ’s investment also consists of up to approximately $400 million of primary capital which will be used by the Company to pursue its growth strategy and execute on its pipeline of attractive M&A opportunities. With annual revenues of approximately US$7 billion and more than 210,000 employees at over 38,000 client sites, Allied Universal is the largest and fastest growing security solutions provider in North America. The Company offers a mix of comprehensive manned guarding security services and innovative technology solutions, including systems integration and remote monitoring, to a broad and diversified group of customers. false false false Advisors Citigroup Global Markets Inc. acted as financial advisor to CDPQ, and Kirkland & Ellis LLP acted as legal counsel to CDPQ. Barclays and Morgan Stanley & Co. LLC acted as financial advisors to Allied Universal, and Cleary Gottlieb Steen & Hamilton LLP acted as legal counsel to Allied Universal. Transaction Process The transaction is expected to close in the third quarter of 2019, following customary closing conditions, including regulatory approvals. false false false About Allied Universal Allied Universal, a leading security and facility services company with over 210,000 employees, provides unparalleled security services and solutions. The enterprise combines people and technology to deliver evolving, tailored solutions that allow our clients to focus on their core business. An unrelenting focus on clients’ success creates partnerships rooted in quality and value, and is supported by experience gained from being in business for over 60 years. Through our people and leading services, systems and solutions…Allied Universal is there for you. For more information, please visit www.aus.com. About CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC Caisse de dépôt et placement du Québec (CDPQ) is a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans. As at June 30, 2018, it held CA$308.3 billion in net assets. As one of Canada's leading institutional fund managers, CDPQ invests globally in major financial markets, private equity, infrastructure, real estate and private debt. For more information, visit cdpq.com, follow us on Twitter @LaCDPQ or consult our Facebook or LinkedIn pages.