Home / M&A Activity / PAE Closes FCi Purchase in Govt Mission Support Push; John Heller Comments

PAE Closes FCi Purchase in Govt Mission Support Push; John Heller Comments

PAE has wrapped up its acquisition of Ashburn, Virginia-based professional services contractor FCi Federal for an undisclosed sum, a move that CEO John Heller says will expand PAE’s information and process management support offerings to the government sector.

“As a combined team, we look forward to continuing the exceptional services that FCi’s customers have come to expect, while leveraging this new capability to enhance the support that PAE provides to our broad portfolio of customers and mission sets,” Heller said in a statement published Tuesday.

Both companies announced the deal one year after Los Angeles-based investment firm Platinum Equity acquired PAE from its former parent company Lindsay Goldberg, a private-equity firm headquartered in New York.

Sharon Virts established FCi Federal in 1991 to offer operational management and adjudication support services to federal customers.

Check Also

General Dynamics Subsidiary Awarded $203M for Design Support on Navy Columbia-Class Submarines

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has received a $203.1 million contract modification to increase …

June 22 Market Close: GovCon Index Closes Down With Markets Mixed

The Executive Mosaic GovCon Index closed down for the third consecutive day 0.254 percent to 95.087. Advancing …

Subscribe to our Newsletter
I will subscribe later