GEO Expands Southeast Operations
MILTON, Fla. — The GEO Group expanded its presence in the Southeastern U.S. with the opening of more than 4,500 new beds at facilities in Georgia and Florida.
The private prison operator began housing inmates at the recently opened $114 million Blackwater River Correctional Facility located in Milton, Fla.
Read more
Geo Group Expands Operations with Just Care Inc. Acquisition
BOCA RATON, Fla. — Private prison operator GEO Group, announced a $40 million deal to expand its healthcare operations through the purchase South Carolina-based provider of detention healthcare Just Care Inc.
GEO Group expects the acquisition to add $30 million in revenue and 4 cents to annual profit per share.
Read more