The Deal Register
Database › M&A › SSC SECURITY SERVICES TO GO PRIVATE IN ALL-CASH TRANSACTION WITH…

M&A

SSC SECURITY SERVICES TO GO PRIVATE IN ALL-CASH TRANSACTION WITH ALLIED UNIVERSAL, WORLD'S LARGEST SECURITY…

Lane
M&A
Announced
26 May 2026
Province
Saskatchewan
Industry
Unclassified
Status
Announced
What the filing says
SSC Security Services Corp. (TSXV: SECU ) (US: SECUF) (" SSC " or the " Company ") and Universal Protection Service, LP (operating as Allied Universal) (and together with its wholly-owned subsidiary acting as purchaser, " Allied Universal ") today announce that they have entered into a definitive arrangement agreement signed and dated May 26, 2026 (the " Arrangement Agreement ") pursuant to which Allied Universal will acquire all of the issued and outstanding common shares of SSC (each a " SSC Share " and collectively, the " SSC Shares ") by way of a statutory plan of arrangement (the "…
Consideration
$80.5MM
Credits
Sequeira Partners Inc (financial advisor); McKercher LLP (legal advisor); Burnet, Duckworth & Palmer LLP (legal advisor)
break fee
$3 million“In addition, the Arrangement Agreement provides for a termination fee of $3 million payable by SSC if it accepts a superior proposal and in certain other specified circumstances.”
cash consideration
$4.4075 (per SSC Share)“Under the terms of the Arrangement, each holder of SSC Shares (the " SSC Shareholders ") will receive cash consideration of $4.4075 for each SSC Share held (the " Consideration "), representing aggregate consideration of approximately $80,500,000 on a fully diluted basis.”
consideration form
all cash“SSC SECURITY SERVICES TO GO PRIVATE IN ALL-CASH TRANSACTION WITH ALLIED UNIVERSAL, WORLD'S LARGEST SECURITY COMPANY, WITH CONCURRENT MANAGEMENT BUY-OUT SSC Security Services Corp. (TSXV: SECU ) (US: SECUF) (" SSC " or the " Company ") and Universal Protection Service, LP (operating as Allied Universal) (and together with its wholly-owned subsidiary acting as purchaser, " Allied Universal ") today announce that they have entered into a definitive arrangement agreement signed and dated May 26, 2026 (the " Arrangement Agreement ") pursuant to which Allied Universal will acquire all of the issued ”
premium to market
119% (closing price of SSC Shares on the TSX Venture Exchange)“The Consideration represents an approximately 119% premium to the closing price of SSC Shares on the TSX Venture Exchange (" TSXV ") on May 25, 2026, being the last trading day prior to the date of this announcement, and an approximately 86% premium to the VWAP of the SSC Shares on the TSXV over the last full year of trading.”
premium to market
35% (highest price at which the company has ever traded as a secu)“The price achieved in this deal is at a 119% premium to the current market but is also a more than a 35% premium to the highest price at which the company has ever traded as a security company" said Doug Emsley, Chairman & CEO of SSC.”
premium to market
86% (VWAP of the SSC Shares on the TSXV over the last full year o)“The Consideration represents an approximately 119% premium to the closing price of SSC Shares on the TSX Venture Exchange (" TSXV ") on May 25, 2026, being the last trading day prior to the date of this announcement, and an approximately 86% premium to the VWAP of the SSC Shares on the TSXV over the last full year of trading.”
Source

Compiled from public filings, court documents, exchange bulletins and issuer releases. Figures are as disclosed and are not independently verified.

Not financial, investment, legal or tax advice, and not an offer to buy or sell any security. Verify everything before you transact.

The Deal Register · Archive · Subscribe