Belcan LLC, a global supplier of engineering, supply chain, technical recruiting, and information technology services to the Aerospace, Defense, Automotive, Industrial, and Government services markets, announced today that it has acquired Victor42, a provider of special operations support, intelligence solutions and training, and IT services for the Federal Government. Terms of the transaction were not disclosed.
This acquisition marks the 17th acquisition by Belcan under its ownership by AE Industrial Partners LP, a private equity firm specializing in Aerospace, Defense & Government Services, Space, Power Generation, and Specialty Industrial markets.
“We are excited to add a premier specialist company like Victor42 to our growing organization, and we look forward to working with their experienced team as we further expand our comprehensive offerings to government and defense clients,” said Lance Kwasniewski, CEO of Belcan.
“Having the backing of Belcan will be transformative as Victor42 looks to expand its global footprint and develop new relationships,” said Bobby Boucher, VP of Operations and Business Development at Victor42. “Our team is excited to embark on this next chapter of growth, and we are eager to collaborate with other Belcan professionals to deliver best-in-class solutions.”
“Belcan is the right partner for Victor42 going forward, and I know that our clients and employees will benefit greatly as part of this stellar organization,” said Mark Hunker, CEO of Victor42.
“We’re excited to support the ongoing growth of Belcan, as it continues to build its strategic presence in the government IT and defense market,” said Tyler Letarte, vice president at AE Industrial Partners. “VICTOR42 brings a range of highly-skilled talent and capabilities to the organization, allowing Belcan to better serve its global customer base.”
Kirkland & Ellis LLP served as legal advisor and PricewaterhouseCoopers LLP was the financial advisor to Belcan. Impresa Legal Group served as legal advisor to Victor42.