The GEO Group, Inc.

The GEO Group, Inc.

Sector: Facilities Support Management Services Region: FL, United States

: | New York Stock Exchange: GEO

Similar to: Petrofac Limited

The GEO Group, Inc. provides government-outsourced services specialized in the management of correctional, detention, mental health, residential treatment and re-entry facilities and the provision of community based services and youth services in the U.S., Australia, South Africa, the United Kingdom and Canada. The company operates correctional and detention facilities, including maximum, medium and minimum security prisons, immigration detention centers, minimum security detention centers, mental health, residential treatment and community based re-entry facilities. It also offers counseling, education and/or treatment to inmates with alcohol and drug abuse problems at most of the domestic facilities. The company operates through four reportable business segments: U.S. Corrections and Detention, GEO Community Services, International Services and Facility Construction and Design. The U.S. Corrections and Detention segment primarily encompasses its U.S.-based privatized corrections and detention business. The GEO Community Services segment conducts its services in the U.S., consists of community based services business, youth services business and electronic monitoring and supervision services The International Services segment primarily consists of its privatized corrections and detention operations in South Africa, Australia and the United Kingdom. The Facility Construction and Design segment primarily contracts with various states, local and federal agencies for the design and construction of facilities for which it generally have been or expect to be, awarded management contracts. The company was founded by George C. Zoley in 1984 and is headquartered in Boca Raton, FL.

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