Alvarez & Marsal Capital Security Holdings yesterday completed its $135 million purchase of security contractor G4S Government Solutions, which will be known as Centerra Group, LLC. The completion of the sale is expected to be announced today, NS&D Monitor has learned. The sale from United Kingdom-based parent company G4S includes $80 million in cash and $55 million in receivables that will be paid over 18 months after the sale is complete. Top management for G4S Government Solutions is expected to remain in place under the deal, including President and CEO Paul Donahue. Retired Adm. Robert Natter is also expected to remain the chairman of the company’s Board, and James Long III will remain the vice chairman of the Board.
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