Announced
Completed
Synopsis
PAE, an American defense and government services contractor, completed the acquisition of Metis Solutions, a private equity-backed government services provider, for $92m. "This acquisition expands and builds scale in intelligence analysis, training and program support, all of which are well-funded market areas of the US government and our allied nations. Moreover, the acquisition of Metis is expected to be accretive to adjusted EBITDA margins and free cash flow. Additionally, in combination with CENTRA Technology, PAE will have significant breadth and depth across the Intelligence and National Security communities in capability and customer access," John Heller, PAE President and CEO.
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