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Serco Group completed the acquisition of Whitney, Bradley & Brown from HIG Capital for $295m.

Synopsis

Serco Group, a provider of public services, completed the acquisition of Whitney, Bradley & Brown, a provider of advisory, engineering and technical services, from HIG Capital, a private equity and alternative assets investment firm, for $295m. "Growing the scale, reach and capability of Serco in the largest defence market in the world is one of our strategic objectives, and the acquisition of WBB significantly advances that strategy. It creates a powerful platform for future growth and brings us impressive new capabilities in areas such as advanced data analytics, AI & machine learning and precision navigation and timing, along with a team of renowned subject matter experts covering a wide range of disciplines that can be deployed across our business," Rupert Soames, Serco Group CEO.

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