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  September 5, 2001
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Home > Company Index > Diversified Services > Security & Protection Products & Services > Avalon Correctional Services, Inc.

Avalon Correctional Services, Inc.
Nasdaq (SC): CITY
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 PROFILE
Avalon Correctional Services benefits from its captive market. Originally founded to house drunk drivers in Oklahoma, the private prison operator now owns and manages nine facilities in Colorado, Oklahoma, and Texas, and has a total capacity of 1,700 beds. Avalon runs two medium-security facilities in El Paso, Texas, and one for juveniles in Union City, Oklahoma. Its six minimum-security prisons are in Oklahoma and Colorado. The company provides several programs for offenders who are usually within a few months of sweet freedom; services include drug abuse treatment, work release programs, and educational and vocational training. Investment firm RSTW Partners owns about 34% of Avalon, and CEO Donald Smith owns 22%.

 COMPETITION
Correctional Services Corporation (CSCQ)
Cornell Companies, Inc. (CRN)
Wackenhut Corrections Corporation (WHC)

 DEALS
Deal: Avalon Acquires Traverse Internet
Date Announced: 04.06.99
Value of transaction (US $Mil): 0
Description: Cable TV company's Internet division buys Michigan-based ISP.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 22.90
1-Yr. Sales Growth: 36.3%
Employees: 480
Revenue per employee: $47,708.33

 KEY PEOPLE
• Donald E. Smith
    CEO
• Lloyd Lovely
    CFO

 CONTACT INFO
13401 Railway Dr.
Oklahoma City, OK 73114
US
Phone: 405-752-8802
Fax: 405-752-8852
Online: Web Site

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