Belcan strengthened its software engineering capabilities with the acquisition of Base2 Solutions, a firm headquartered in Bellevue, WA and with an office in California. Base2 has a similar client base to Belcan, with major clients including Boeing, Thales, and L3Harris in aerospace and defense.
AE Industrial Partners continues to scale up its investment in its various engineering and IT services units, which include Belcan, CDI, and Gryphon Technologies
Private equity (PE) firm AE Industrial Partners (AE) continues to adjust the scope of its portfolio companies and transferred Schafer from Belcan to Gryphon Technologies.
Belcan made its second acquisition in the UK, since it was taken over by PE AE Industrial Partners. The acquired firm is Sitec, through its two units Sitec Design and Sitec Recruitment.
AE Industrial Partners continues to reshape CDI Corp, after the sale of its aerospace engineering business to Belcan, and the acquisition of Gryphon Technologies, a government services engineering firm. CDI Corp has divested its Talent & Technology Solutions business
The owner of Belcan, private equity funds AE Industrial Partner, has acquired Gryphon Technologies, a U.S. defense specialist that counts the Department of Defense as its largest client. Gryphon was founded in 1997, is headquartered in Washington, D.C., and
Belcan has indicated it has been selected by the US Department of Defense (through DARPA) as a preferred supplier for its Technical and Analytical Support Services for the next five years. The exact terminology is US government-specific: Belcan, through
AE Industrial Partners, the PE firm that owns both Belcan and CDI Corp, has raised $1.36bn for its new fund, AE Industrial Partners Fund II. Fund II will be dedicated to controlling investments in: Technical manufacturing Distribution and supply
The owner of Belcan, private equity firm AE Industrial Partners, has acquired D&D Power, for its BHI Energy business. D&D Power is an electrical contractor providing installation, repair and maintenance services for its client’s distribution and transmission businesses, and
Belcan made its first M&A of the year with the acquisition of Indianapolis, IN-headquartered Allegiant International. Allegiant has a diversified client base, across automotive, aerospace, defense, medical devices, and supply chain. Allegiant brings a presence in the automotive sector,
Many IT services vendors operate in the ER&D Space Does it make sense for ER&D vendors to also be a presence in IT services? There are quite a number of IT services vendors active in ER&D: evidently, all the
Almost one month the acquisition of CDI Corp, AE Industrial Partners (AEI) has acquired another staffing firm, BHI Energy. BHI services the energy sector in the U.S., focusing on power generation, energy, and government. The company has a background
The acquisition of CDI Corp by private equity (PE) AE Industrial Partners (AEI) brought back some light on Belcan. AE Industrial Partners is indeed also the owner of Belcan Engineering, since Q3 2015. Belcan is major ER&D staffing and
AE Industrial Partners (AEI) has announced the acquisition of CDI Corp, a US. listed IT and ER&D services staffing firm. AEI is valuing CDI Corp ~USD 158m, or $8.25 per share, representing a 36% premium. AEI expects to close