PAE to Acquire A-T Solutions Corporate Holdings Prime Inc.

PAE, based in Arlington, Va., announced May 7 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.

“In the 13 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,” PAE CEO John Heller said. “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.”

“PAE’s acquisition of A-T Solutions highlights two main trends in today’s GovCon M&A market,” KippsDeSanto & Co. Managing Director Bob Kipps said. “One, PAE is aggressively building a larger and more U.S.-centric platform, and two, private equity groups continue to use today’s stronger M&A market to exit their older/legacy investments.”

PAE currently employs approximately 15,000 people in more than 50 countries.

Related:A-T Solutions President & CEO Dennis Kelly Discusses Growth and Opportunity in the High-Stakes Security Industry, A-T Solutions Inc. Wins Contract to Provide Crash, Crime Scene Diagramming Tool to U.S. Army Criminal Investigation Command