Announced
Completed
Financials
Sources
Tags
Private
Completed
Majority
Acquisition
Domestic
information technology
Single Bidder
Digital Services
Private Equity
Friendly
United States
Synopsis
AE Industrial Partners-backed Belcan, a global supplier of engineering, supply chain, technical recruiting, and information technology services, completed the acquisition of Telesis, a technology services and solutions firm serving defence and civilian federal government customers. Financial terms were not disclosed. "The acquisition of Telesis is transformational for Belcan's Government IT Solutions business, immediately adding complementary capabilities and greater scale. Telesis not only has close, long-term relationships with leading federal customers, but its solutions and services are well-aligned with future federal spending priorities in the US," Lance Kwasniewski, Belcan CEO.
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