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Centerra Group acquires Gregg Protection Services

Palm Beach Gardens, FL, April 1 – Centerra Group, has acquired Gregg Protection Services, a provider of protection of nuclear and biological assets as well as other high threat, national security targets worldwide.

“This addition to the Centerra family brings a team of uniquely qualified professionals with unmatched technical skills and experience in the highly specialized arena of global non-proliferation and threat reduction support,” said Paul Donahue, president and CEO of Centerra.

“With the acquisition of Gregg Protection Services, we are clearly communicating to the market that within the first quarter of being taken private, Centerra is prepared to move forward with an important part of its growth strategy, which is strategic acquisitions,” Nat Fogg, Centerra’s senior vice president of Mergers & Acquisitions and Corporate Development added.

Gregg Protection Services was founded in 1997 with core competencies in safeguards and security, training and performance solutions, staff augmentation and vulnerability assessments. Major customers include the United States Department of Energy and several National Laboratories across the country.

David C. Bradley, currently Centerra’s vice president of Operations and former general manager at the Nevada National Security Site, has been selected to lead this new division.

Centerra Group, formerly G4S Government Solutions (G4S GS), is an international Government solutions group and specializes in business processes in sectors where security and safety risks are considered a strategic threat. The company, formerly Wackenhut Services (WSI) was founded in 1960, merged with G4S in 2005 and formed G4S GS in 2011. Centerra, headquartered in Palm Beach Gardens, FL with regional and subsidiary offices in Maryland, Texas, and Virginia, is a multidisciplinary service provider with more than 8,800 employees worldwide.

 

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