• Sunday, June 4, 2023

Belcan Buys Kemtah Group in Govt IT Services Expansion Push


Belcan, a portfolio company of private investment firm AE Industrial Partners,  has purchased The Kemtah Group for an undisclosed amount in a strategy to expand the former’s government information technology services business.

Belcan CEO Lance Kwasniewski said in a statement released Thursday the transaction comes five months after it acquired Intercom Consulting & Federal Systems.

Kemtah CEO Steve Wade noted that Belcan’s cybersecurity and software engineering platforms and services will complement and expand Kemtah’s service offerings.

Cincinnati, Ohio-based Belcan provides technical recruiting, IT and engineering support to clients across government, industrial and aerospace sectors.

Albuquerque, New Mexico-based Kemtah has provided managed IT, cybersecurity, mobility, software and application development and other IT support services to commercial and government customers since 1987.

PwC served as a financial adviser to Belcan and AE Industrial Partners in the deal, while Bluestone Capital Partners acted as a financial adviser to Kemtah.

Kirkland & Ellis and Miles & Stockbridge respectively served as legal advisers to Belcan and Kemtah.

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