PAE Enters Into Definitive Agreement to Acquire A-T Solutions, Inc.
ARLINGTON, Va., May 7, 2015 /PRNewswire/ -- PAE, a leading provider of enduring support for essential global missions, today announced that it has entered into a definitive agreement to acquire A-T Solutions Corporate Holdings Prime, Inc. (together with its subsidiaries, collectively "A-T Solutions") from its stockholders, including partnerships affiliated with CI Capital Partners LLC. The transaction is expected to close by the end of May, subject to regulatory approvals. Together with PAE's most recent acquisition, the transaction will further enhance the company's national security business.
"In the thirteen years since its founding, A-T Solutions has grown into an internationally recognized leader in the defense and national security industry, and this team is trusted by over 200 government customers to provide highly specialized counter-threat services," said PAE CEO John Heller. "The addition of A-T Solutions will enable PAE to offer our customers a full spectrum of trusted solutions, and we will lever our international platform to effectively support increasingly complex national security missions worldwide."
A-T Solutions is comprised of approximately 725 highly-skilled employees who assist the U.S. government and allied nations in investigating, preventing and defeating attacks by providing industry-leading training and identity operations solutions, full lifecycle forensic and biometric support, identification and analysis of asymmetric threats, and data management solutions.
The acquisition of A-T Solutions will broaden and deepen PAE's National Security Solutions portfolio, which was significantly expanded with the acquisition of Global Security & Solutions in January of this year. With its latest acquisition, PAE will gain key capabilities in specialized training, intelligence, technology and operational capabilities; PAE will also be supporting several new customers in the national security and law enforcement sectors, as well as several international customers.
PAE is a leading provider of enduring support for the essential missions of the U.S. government, its allied partners and international organizations. As it enters its 60th year of business, PAE continues to provide services in critical facility infrastructure, aviation, logistics, training, range operations and national security solutions to support complex missions for customers around the world. PAE currently employs approximately 15,000 people in over 50 countries and is headquartered in Arlington, VA.
For additional information, please visit our website: http://www.pae.com
SOURCE PAE
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