Background
After early struggles (including a fistfight between George Wackenhut and one of his partners), Wackenhut took sole control of his company in 1958, then naming it after himself. Working throughout the day in his office, he sometimes continued nightly as a security guard. By 1964, he had contracts to guard the Kennedy Space Center and the U.S. Atomic Energy Commission's nuclear test site in Nevada. The following year, he took his company public.
In the mid-60s, Florida Governor Claude Kirk commissioned the Wackenhut Corporation to help fight a "war on organized crime", awarding the company a $500,000 contract. The commission lasted about a year but led to more than 80 criminal indictments, including many for local politicians and government employees. Following the murder of a British tourist at a rest stop in 1993, Florida contracted with Wackenhut to provide security at all state rest stops.
Read more about this topic: G4S Secure Solutions
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