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New Deal


Announced

DFW Capital-backed Sev1Tech to acquire Engineering Solutions and Products.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Pending

defense technology

support services

Private Equity

United States

Defense

Private

Friendly

Single Bidder

Synopsis

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DFW Capital-backed Sev1Tech, a leading provider in IT modernization, cybersecurity, and cloud services, agreed to acquire Engineering Solutions and Products, a premiere provider of C4ISR-focused solutions supporting the US Army’s vital warfare priorities. Financial terms were not disclosed. “We have a great team of experts dedicated to supporting our customer’s missions and a proven ability to deliver results,” said Doug Fouser, former ESP CEO. “We are confident that this acquisition will ensure the continued success of our business moving forward. Sev1Tech’s corporate culture, variety of service offerings, and emphasis on providing excellent customer service provides the ESP team with the right blend of growth and opportunity for the future.”

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