Announced

Completed

Roy Kapani completed the acquisition of Systems Engineering Associates.

Synopsis

Roy Kapani, a billionaire businessman, completed the acquisition of Systems Engineering Associates, a provider of engineering services and technology to the United States Navy. Financial terms were not disclosed. “The SEACORP team is thrilled to partner with Roy and his team given their respect for our culture, experience in our markets, and a shared vision on how we can continue to grow our company. This partnership will allow us to further build our brand, broaden our portfolio of capabilities and expand into new customer segments by investing in the business, both organically and with strategic acquisitions," Dave Lussier, SEACORP President.

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