Company
The GEO Group, Inc.
GEO Group owns, leases and manages secure facilities, immigration processing centers and reentry facilities, and provides electronic monitoring and community-based services, for government agencies in the United States, Australia and South Africa. ↗
| Headquarters | Boca Raton, FL ↗ |
|---|---|
| Founded | 1984 ↗ |
| Leadership | George C. Zoley, Chairman and CEO ↗ |
| Employees | 18,000 ↗ |
| Revenue | $2.6 billion (fiscal 2025) ↗ |
| Ownership | Public; BI Incorporated subsidiary ↗ |
| Shares | GEO ↗ |
Products
- GEO provides electronic monitoring, case management and supervision services to ICE under the Intensive Supervision and Appearance Program (ISAP). ↗
- GEO's electronic monitoring products include radio frequency, GPS and alcohol monitoring devices. ↗
- GEO provides secure transportation services in the United States and, through its GEOAmey joint venture, in the United Kingdom. ↗
- GEO's Adelanto ICE Processing Center in California is a company-owned, 1,940-bed facility. ↗
- GEO manages or owns approximately 75,000 beds at 95 secure and community-based facilities. ↗
Customers
- U.S. Immigration and Customs Enforcement (ICE) is a GEO customer, with contracts that include a 15-year fixed-price contract for the Delaney Hall facility in Newark, New Jersey. ↗
- The U.S. Marshals Service is a GEO customer, with a five-year contract for secure transportation and contract detention officer services across 26 federal judicial districts. ↗
- The Florida Department of Corrections issued notices of intent to award GEO three managed-only contracts for the Bay, Graceville and Moore Haven facilities. ↗
Acquisitions
- GEO acquired Cornell Companies in August 2010 for $730 million in stock and cash. ↗
- GEO acquired BI Incorporated, a provider of electronic offender-tracking equipment and services, in February 2011 for $415 million. ↗
Segments
- GEO reports four segments: U.S. Secure Services, Electronic Monitoring and Supervision Services, Reentry Services and International Services. ↗