Belcan Acquires in Software Engineering

/ December 13, 2019/ Aerospace, Belcan, Embedded Systems, M&As (small under $50m in revenues), US

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.

Base 2 is a small firm (LinkedIn says 50 to 200 employees) and expands the capabilities of Belcan into software development and software product engineering, an area where Belcan was not as present. Base2 also brings several clients in the medical device industry.

The seller is Safran, an aerospace supplier, best known for its aircraft engine CFM International joint-venture with GE. Safran gained control of Base2 through its acquisition of another supplier, Zodiac Aerospace, in 2018.

Belcan has revenues of $915m and 8,000 employees.

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