Announced
Completed
Financials
Tags
United States
engineering services
Engineering Consulting
Acquisition
Majority
Completed
Single Bidder
Domestic
Private
Friendly
Private Equity
Synopsis
Veritas Capital Partners-backed Arcfield, a provider of solutions in systems engineering and integration, completed the acquisition of Strategic Technology Consulting, a solutions provider in digital engineering and model-based systems engineering. Financial terms were not disclosed. "As a decades-long leader in MBSE and digital twins, Arcfield has invested heavily in the development, refinement and advancement of our digital engineering and MBSE capabilities to support our customers in their shift from traditional SE&I to an all-digital model. The acquisition of STC strengthens the capabilities and resources we deliver to our customers. We look forward to welcoming the STC team to the Arcfield family," Kevin Kelly, Arcfield Chairman and CEO.
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