Author: Nichols Martin|| Date Published: August 25, 2021
Arlington Capital Partners has agreed to acquire McLean, Virginia-based integrated program management service provider MCR for an undisclosed sum as the private equity firm is looking to increase investment in the systems engineering and integration areas.
ACP said Monday that Sheppard Mullin acted as the acquirer’s legal adviser while Houlihan Lokey and Holland & Knight acted as MCR’s financial and legal advisers, respectively.
McLean, Virginia-based MCR works with federal civilian, defense and intelligence customers to help them develop software and conduct cost analysis.
MCR CEO William Parker said the company’s employees worldwide have supported customers across critical missions throughout its four-decade history.
“We have found a partner in Arlington, a firm that we have known for many years, that understands what makes MCR special and will remain committed to this mission as the company enters its next phase of growth,” Parker added.
The U.S. Space Force plans to modify its Andromeda indefinite-delivery/indefinite-quantity contract to raise the total ceiling to $6.24 billion. Lockheed Martin,…
CACI International has appointed Christopher Monoski as executive vice president of manufacturing. Monoski will report to President and CEO John Mengucci and join…