MEP to Tap BoA Credit Facility for Acquisitions, Investments; Chris Taylor Comments

Chris Taylor, Mission Essential Personnel

Mission Essential Personnel announced today it has established a new multi-million credit facility with Bank of America.

MEP said in a release it intends the venture, which was assisted by Morrison & Foerster LLP and Ernest & Young, to increase its operating liquidity and capital for strategic acquisitions and investments.

“We continue to move forward with our aggressive strategic plan and the Bank of America financing will allow us to take advantage of market changes and opportunities that others may not be in a position to do, ” said Chris Taylor, Mission Essential’s CEO.

You may also be interested in...

Mark Peters EVP

Mark Peters Starts Role as Battelle Lab Operations EVP; Lou Von Thaer Quoted

Mark Peters, formerly director of the Idaho National Laboratory, has transitioned to new work as Battelle's executive vice president of laboratory operations after more than five years of INL leadership.

Parsons ABAD concept

Parsons-Leidos-SAIC-SRC Team to Pursue $953M USAF Base Protection Contract

Parsons (NYSE: PSN) has teamed up with Leidos (NYSE: LDOS), Science Applications International Corp. (NYSE: SAIC) and SRC to compete for a potential 10-year, $953M contract seeking new systems that would protect U.S. Air Force bases in Europe and Africa.