Industry Week in Review – February 3, 2023

KippsDeSanto & Co. Industry Week in Review – February 3, 2023

Industry Week in Review – February 3, 2023

M&A Transactions

GI Partners has agreed to acquire Atlas Technical Consultants, Inc., a provider of infrastructure and environmental solutions to private sector and U.S. federal government defense, healthcare, and transportation markets.  Terms of the transaction were not disclosed.

Highlander Partners has acquired Black Sage Technologies, a portfolio company of Acorn Growth Companies and provider of Counter Unmanned Aircraft Systems (“C-UAS” or “Counter-UAS”) and security solutions for military, internal security, and critical infrastructure industries.  Terms of the transaction were not disclosed.

LinQuest Corp., a portfolio company of Madison Dearborn Partners, LLC, has acquired Hellebore Consulting Group, LLC, a provider of next-generation software engineering solutions for private sectors and U.S. federal government defense markets. Terms of the transaction were not disclosed.

Schneider Geospatial, LLC, a portfolio company of Align Capital Partners, has acquired the WebGUIDE Xtreme (“WGX”) product of Applied Data Consultants, a provider of robust tools for serving map data to the web using the latest in geoweb technologies.  Terms of the transaction were not disclosed.

VSE Corporation (NASDAQ:VSEC) has acquired Precision Fuel Components, LLC, a provider of MRO services for engine accessory and fuel systems supporting the business and general aviation markets.  Terms of the transaction were not disclosed.

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