Premier Prison Services
In May 2002, The Wackenhut Corporation was acquired by Group 4 Falck. Through this acquisition, Group 4 got a 57% stake in Wackenhut Corrections Corporation (WCC), and took over WCC's 50% stake in Premier Prisons.
This meant Premier Prisons was jointly owned by Group 4 and Serco, until Serco won the right to full ownership of Premier in a legal dispute.
(In 2003, WCC re-bought the 57% of the company that Group 4 had acquired, and changed its name to the Geo Group Inc.)
- Stephen Nathan, Prison Privatization in the United Kingdom, Capitalist Punishment, Zed Books, 2003, p168
- Christine Bacon, The Evolution of Immigration Detention in the UK: The Involvement of Private Prison Companies, University of Oxford, September 2005, p8