Home / M&A Activity / Constellis Finalizes Centerra Group Purchase

Constellis Finalizes Centerra Group Purchase

Reston, Virginia-based risk management and operational support services contractor Constellis has closed its acquisition of Palms Beach Gardens, Florida-based Centerra Group and its subsidiaries from an affiliate of Alvarez & Marsal Capital for an undisclosed sum.

Both companies first announced the deal in March and Constellis said Friday the acquisition will help strengthen its professional relationships with government clients such as the U.S. Energy Department and the United Nations.

Constellis also intends to use the combined entity’s scale, vertical integration, training facilities, shared best practices and financial resources to optimize its risk mitigation service offering.

The combination increases Constellis’ global workforce to nearly 17,000 employees.

Check Also

Georgia Tech Applied Research Lands $911M Army Aviation, Missile Tech R&D Contract

Georgia Tech Applied Research Corp. has secured a potential 10-year, $910.6 million contract to support …

Report: Boeing Amenable to Keeping Brazil’s ‘Golden Share’ in Embraer to Advance Tie-Up Talks

Boeing (NYSE: BA) intends to maintain the Brazilian government’s “golden share” in aerospace conglomerate Embraer …

Subscribe to our Newsletter
I will subscribe later