NEWS

Paul Hastings Advises Valitás Health Services on Merger With America Service Group

March 03, 2011

Chicago, IL (March 3, 2011) - Paul, Hastings, Janofsky & Walker, LLP, a leading global law firm, announced that the firm is representing Valitás Health Services, Inc., a leading nationwide provider of correctional healthcare services, in connection with its pending acquisition of America Service Group Inc. Upon completion of the transaction, the combined company will have approximately 11,000 employees and independent contractors and expected revenues of approximately $1.4 billion for 2011.

According to the terms of the merger agreement, Valitás will acquire America Service Group for a cash consideration of $26.00 per share, or approximately $250 million. The transaction is expected to close in the second quarter of 2011 and is subject to the approval of America Service Group's stockholders and other customary closing conditions.

Private Equity partner Brian Richards is leading the Paul Hastings team, which includes M&A partner Thad Malik and Finance partner Louis Hernandez.

Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.