Belcan Acquires Telesis, a Chief in Federal Information and facts Technological innovation Expert services
CINCINNATI, Nov. 2, 2020 /PRNewswire/ — Belcan, LLC (“Belcan”), a worldwide supplier of engineering, supply chain,…
CINCINNATI, Nov. 2, 2020 /PRNewswire/ — Belcan, LLC (“Belcan”), a worldwide supplier of engineering, supply chain, technical recruiting, and details technological innovation (IT) companies to the Aerospace, Protection, Automotive, Industrial, and Governing administration Companies marketplaces, introduced today that it has acquired Telesis Company (“Telesis” or the “Enterprise”), a leading engineering services and remedies firm serving defense and civilian federal government consumers. Terms of the transaction were not disclosed.
This marks the 15th acquisition by Belcan under its possession by AE Industrial Partners, LP (“AEI”), a non-public fairness organization specializing in Aerospace, Defense & Governing administration Companies, Energy Generation, and Specialty Industrial markets.
Founded in 1998, Telesis offers revolutionary data technological innovation remedies for significant, elaborate authorities shoppers with a focus on really differentiated companies that deliver mission-critical alternatives for its shoppers. Serving U.S. Federal agencies in defense, civilian, health and fitness and intelligence markets, Telesis’ main capabilities incorporate cybersecurity, C4ISR and mission techniques, cloud and IT modernization, and managed technologies methods. The Corporation is headquartered in McLean, VA, with operations throughout the United States and internationally.
“The acquisition of Telesis is transformational for Belcan’s Government IT Solutions enterprise, quickly including complementary abilities and higher scale,” said Lance Kwasniewski, CEO of Belcan. “Telesis not only has near, very long-expression associations with major federal prospects, but its answers and products and services are nicely-aligned with upcoming federal expending priorities in the U.S. We appear forward to operating with the Company’s gifted administration staff to unlock the probable of the combined organizations.”
“Becoming a member of a substantial, multi-faceted organization this sort of as Belcan will provide extra built-in expert services for our clients, as properly as greater prospects for our staff members,” stated Dave Jefferson, Main Strategy Officer of Telesis. “Belcan shares our sturdy determination to top-quality client provider and we are psyched to do the job alongside one another to grow the business enterprise.”
“Paying on IT modernization and answers is expected to remain a major priority for the U.S. Government,” claimed Kirk Konert, Husband or wife at AEI. “Collectively with Telesis, Belcan’s Government IT Alternatives enterprise is even far more well-positioned to deliver a differentiated established of IT alternatives to meet this significant demand from customers. We are thrilled to insert Telesis to our group and look forward to sizeable growth in the yrs ahead.”
Kirkland & Ellis LLP served as lawful advisor and PricewaterhouseCoopers LLP was the money advisor to Belcan. Morrison & Foerster LLP served as lawful advisor and G Squared Capital Companions LLC was the monetary advisor to Telesis.
Belcan is a world provider of engineering, source chain, technical recruiting, and IT services to customers in the aerospace, protection, automotive, industrial, and federal government sectors. Belcan engineers greater results for customers – from jet engines, airframe, and avionics to significant cars, automobiles, and cybersecurity. Belcan requires a partnering approach to provide solutions that are adaptable, built-in, and price-included, and has been earning the rely on of its buyers for around 60 decades. For a lot more details, please go to www.belcan.com.
Founded in 1998, Telesis provides revolutionary technologies alternatives for the top defense and civilian federal companies, together with cybersecurity, C4ISR and mission systems, cloud and IT modernization, and managed engineering solutions. The Corporation is headquartered in McLean, VA, with functions throughout the United States and internationally. For additional info, please take a look at https://www.telesishq.com/.
About AE Industrial Companions
AE Industrial Partners is a non-public equity agency specializing in Aerospace, Protection & Govt Companies, Electricity Technology, and Specialty Industrial marketplaces. AE Industrial Partners invests in marketplace-main corporations that can gain from its deep market know-how, running experience, and relationships through its target markets. Master much more at www.aeroequity.com.
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