Stratrix
On the Record · GEO

GEO acquisitions, on the record

The businesses GEO bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Albert Bo Robinson Assessment and Treatment Center
Word for word“We experienced a net gain on disposition of assets in 2023 primarily due to the sale of vacant land located in South Dallas County, Texas, vacant land located in Colorado and the sale of our company-owned 900-bed Albert Bo Robinson Assessment and Treatment Center.” 10-K for 2023
divestiture2023—
equity investment interest in the Ravenhall Correctional Centre project
Word for word“During 2022, we sold our equity investment interest in the government-owned Ravenhall Correctional Centre project in Australia for approximately $84 million in gross proceeds, pre-tax to an unrelated third party.” 10-K for 2023
divestitureDuring 2022approximately $84 million in gross proceeds
Perry County Correctional Facility
Word for word“The net gain in 2022 also includes the sale of our Perry County Correctional Facility located in Alabama.” 10-K for 2023
divestiture2022—
BI
Word for word“As a result of the BI acquisition in February 2011 and the Protocol acquisition in February 2014, we are also currently leasing office space in Boulder, Colorado and Aurora, Illinois, respectively.” 10-K for 2023
acquisitionFebruary 2011—
Protocol Criminal Justice, Inc.
Word for word“As a result of the BI acquisition in February 2011 and the Protocol acquisition in February 2014, we are also currently leasing office space in Boulder, Colorado and Aurora, Illinois, respectively.” 10-K for 2023
acquisitionFebruary 2014—
vacant land located in South Dallas County, Texas, vacant land located in Colorado, and company-owned 900-bed Albert Bo Robinson Assessment and Treatment Center
Word for word“We experienced a net gain on disposition of assets in 2023 primarily due to the sale of vacant land located in South Dallas County, Texas, vacant land located in Colorado and the sale of our company-owned 900-bed Albert Bo Robinson Assessment and Treatment Center.” 10-K for 2024
divestiture2023—
Philadelphia Residential and Coleman Hall facilities
Word for word“We had entered into a purchase and sale agreement in the second quarter of 2024 for these facilities that was less than the net carrying values.” 10-K for 2024
agreed divestiturein the second quarter of 2024—
Lawton Correctional Facility
Word for word“The sale of the Lawton Facility closed on July 25, 2025.” 10-K for 2025
divestitureJuly 25, 2025—
Western Region Detention Facility
Word for word“The purchase of the Western Region Detention Facility closed on July 31, 2025 and was funded as a like kind real estate property exchange with proceeds from the sale of the Lawton Correctional Facility, which closed on July 25, 2025 as discussed above, resulting in an estimated capital gains cash tax savings of approximately $9.3 million.” 10-K for 2025
acquisitionJuly 31, 2025—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$0$0
2017-12-31$353.6 million$163.5 million
2018-12-31$0−$2.5 million
2019-12-31$0—
2024-12-31—$836,000

Deal filings since 2016

Read from GEO’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.