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The GEO Group Amends Senior Revolving Credit Facility
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today the closing of an amendment to the Company’s Credit Agreement dated as of April 18, 2024 (the “Amendment”). The Amendment increases GEO’s Revolving Credit Facility (the “Revolver”) commitments from $310 million to $450 million and extends the Revolver’s maturity to July 14, 2030. The Amendment further provides that interest will accrue on outstanding revolving credit loans at a rate deter...
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US Customs and Border Protection Industry Research Report 2025: Examine the Federal Agency's FY 2025 Annual Budget, Its Strategic Objectives, and New Prime Contracts - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "US Customs and Border Protection Industry Growth Opportunities" report has been added to ResearchAndMarkets.com's offering. The study examines the U.S. Customs and Border Protection's annual funding and strategic objectives, focusing on budgetary trends from FY 2023 to FY 2025. It identifies the leading programs planned for FY 2025 and explores broader industry trends, technological advancements, and the key barriers and opportunities influencing future industry gr...
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Twenty Distinguished Naturalized Citizens Honored by Carnegie Corporation of New York as Foundation Celebrates 20 Years of Great Immigrants, Great Americans Tribute
NEW YORK--(BUSINESS WIRE)--Carnegie Corporation of New York announces the 2025 Class of Great Immigrants, Great Americans, recognizing 20 distinguished naturalized American citizens whose contributions have enriched our society and helped to strengthen our democracy. For 20 years, the philanthropic foundation has sponsored the public awareness initiative, honoring a total of more than 750 naturalized American citizens from almost 120 countries who represent a remarkable range of immigration jou...
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Latino Community Foundation Surpasses $7 Million in Grantmaking This Year with New Investments in Grassroots Power Building
SAN FRANCISCO--(BUSINESS WIRE)--The Latino Community Foundation (LCF) has announced $3.4 million in new strategic grants this quarter—bringing its total grantmaking in 2025 to over $7.4 million, the highest in the Foundation’s history. This groundbreaking achievement reflects LCF’s deep and ongoing commitment to building long-term civic and economic power in Latino communities. LCF’s new grants support Latino-led grassroots organizations tackling the most urgent issues head-on: leading wildfire...
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Latino Community Foundation Funds Efforts Across California to Protect Immigrant Families
SAN FRANCISCO--(BUSINESS WIRE)--In direct response to the escalation of Immigration and Customs Enforcement (ICE) raids across California, the Latino Community Foundation (LCF) is mobilizing $175,000 in new Latino Power Fund grants to trusted, community-based organizations providing rapid legal defense for detained immigrants, emergency assistance, and advocacy for immigrant families. “This is a moment when philanthropy must move swiftly and with trust in the leadership of grassroots organizati...
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The GEO Group Announces New Five-Year Contract With U.S. Marshals Service for Secure Transportation Services
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that its wholly-owned subsidiary, GEO Transport, Inc. has entered into a new five-year contract, inclusive of option periods, with the U.S. Marshals Service for the provision of secure transportation and contract detention officer services across three service regions covering 26 federal judicial districts and spanning 14 states. The new contract is expected to generate up to approximatel...
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eimmigration and Visalaw.ai Announce Strategic Partnership to Modernize Immigration Case Management with AI Integration
LOS ANGELES--(BUSINESS WIRE)--eimmigration by Cerenade and Visalaw.ai today announced a strategic partnership that integrates advanced generative AI capabilities with comprehensive immigration case management solutions. This collaboration addresses the urgent need for immigration law professionals to adapt quickly to rapidly evolving policies and regulations while maintaining the highest standards of legal representation. The partnership comes at a critical time when immigration law practitione...
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The GEO Group Provides Update on Recent Court Settlement Allowing for Immediate Full Intake at Company-Owned 1,940-Bed Adelanto ICE Processing Center in California
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that the U.S. District Court, Central District of California (the “Court”) has approved a settlement in the case of Roman v. Wolf, which allows for immediate full intake at the GEO-owned, 1,940-bed Adelanto ICE Processing Center in California (the “Adelanto Center”). The Court had previously issued several injunction orders, including an intake prohibition order issued more than four year...
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The GEO Group Announces Activation of Company-Owned 1,868-Bed D. Ray James Facility
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that U.S. Immigration and Customs Enforcement (“ICE”) has executed a contract modification, effective June 6, 2025, to activate a federal immigration processing center at the GEO-owned, 1,868-bed D. Ray James Facility (the “Facility”) in Folkston, Georgia under the existing intergovernmental service agreement (“IGSA”) involving the GEO-owned, 1,118-bed Folkston ICE Processing Center. Unde...
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Carnegie Reporter Magazine Explores the Prevalence and Impact of Political Polarization and Finds Possible Solutions
NEW YORK--(BUSINESS WIRE)--The Summer 2025 Carnegie Reporter examines what is driving division in our society and how people are coming together to reduce political polarization...