Davis Polk is advising The Brink’s Company as special tax counsel on its agreement to purchase for approximately $860 million (£660 million) the majority of the cash operations of G4S plc. The transaction adds 14 new markets to the existing Brink’s footprint and represents the company’s largest acquisition to date. The acquisition will be completed in multiple phases, with more than half of the enterprise value expected to close within 60 days, and the remaining closings expected to occur before the end of 2020.

The Brink’s Company is the global leader in total cash management, route based secure logistics and payment solutions. G4S plc is a global security and cash management company.

The Davis Polk tax team includes Managing Partner Neil Barr, partner Jonathan Cooklin and counsel Dominic Foulkes. Members of the Davis Polk team are based in the New York and London offices.