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Announced

Completed

Veritas Capital Partners-backed Arcfield completed the acquisition of STC.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

engineering services

Engineering Consulting

Acquisition

Majority

Completed

Single Bidder

Domestic

Private

Friendly

Private Equity

Synopsis

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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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