Close Menu
WashingtonExec
    Podcast Episodes
    LinkedIn Facebook X (Twitter) Instagram YouTube
    LinkedIn Facebook X (Twitter) Instagram YouTube
    WashingtonExec
    Subscribe To The Daily
    • News & Headlines
    • Executive Councils
    • Videos
    • Podcast
    • Events
      • 🏆 Chief Officer Awards
      • 🏆 Pinnacle Awards
    • About
    • Contact Us
    LinkedIn YouTube X (Twitter)
    WashingtonExec
    You are at:Home»News»Mergers & Acquisitions»Latest: PAE to Acquire FCi Federal
    Mergers & Acquisitions

    Latest: PAE to Acquire FCi Federal

    By WashingtonExec Staff WriterApril 5, 2017
    Share
    LinkedIn Facebook Twitter Email
    John Heller, PAE CEO

    PAE has agreed to buy FCi Federal, the two companies announced today. PAE has over 60 years of experience supporting the U.S. government and its allies in critical missions around the globe. With roughly 15,000 employees on all seven continents, PAE’s core service offerings include global logistics and stability operations, technical services and national security solutions. FCi provides essential services for immigration and national security including adjudication support, eligibility verification and business process outsourcing for federal government customers.

    PAE CEO John Heller views the FCi acquisition as a perfect fit with PAE’s strategy to expand and deepen its portfolio of services that support the essential missions of the U.S. government, its allied partners and other international organizations.

    “FCi is an impressive company with a strong track record for growth driven by talented employees and exceptional customer service,” Heller said in a statement. “It’s a great strategic fit, presenting new opportunities for both of our companies. It’s also a strong fit culturally, as I know FCi and PAE share the same core values and commitment to the highest performance standards.”

    PAE is a portfolio company of Platinum Equity, which acquired the company in 2016, and specializes in mergers, acquisitions and operations. FCi’s financial adviser was Houlihan Lokey. The financial terms of the deal have not been released, though it is expected to close within 45 business days pending regulatory approval.

    “PAE’s FCi add brings what all good deals should—new customers, new capabilities and meaningful scale,” said Bob Kipps, managing director of KippsDeSanto & Co.

    “Today’s announcement is the right path to position FCi Federal for continued phenomenal growth,” said FCi Founder and Chair Sharon D. Virts, according to today’s press release. “Since founding FCi in 1991, we have been committed to providing high-quality service that differentiates us from competitors while placing a premium on taking care of our employees. That commitment will remain steadfast as we continue to catapult our competitive positioning for the future.”

     

    Borenstein Group

    Previous ArticleSECAF Announces Finalists for 9th Annual Government Contractors Awards
    Next Article U.S. Army Contracting Command Awards Enlighten IT Consulting ACCENT Contract

    Related Posts

    Top Pricing Execs to Watch in 2025

    WATCH: CGI Federal & TrackLight Partner to Improve Future of Government Fraud Prevention

    Top DOD Execs to Watch in 2025: KBR’s Gabe Camarillo

    Comments are closed.

    LinkedIn Follow Button LinkedIn Logo Follow Us on LinkedIn
    2025 Chief Officer Awards - Winners Revealed
    Latest Industry Leaders

    Top DOD Execs to Watch in 2025

    Top Health Care Execs to Watch in 2025

    Load More
    Latest Posts

    Top Pricing Execs to Watch in 2025

    July 13, 2025

    WATCH: CGI Federal & TrackLight Partner to Improve Future of Government Fraud Prevention

    July 10, 2025

    Top DOD Execs to Watch in 2025: KBR’s Gabe Camarillo

    July 10, 2025

    Top DOD Execs to Watch in 2025: HII Mission Technologies’ Garry Schwartz

    July 10, 2025

    GDIT Lands $143M Navy Contract for EW Support

    July 10, 2025
    Quick Links
    • Executive Councils & Committees
    • Chief Officer Awards
    • Pinnacle Awards
    • Advertise With Us
    • About WashingtonExec
    • Contact
    Connect
    • LinkedIn
    • YouTube
    • Facebook
    • Twitter

    Subscribe to The Daily

    Connect. Inform. Celebrate.

    Copyright 2023 © WashingtonExec, Inc. | All Rights Reserved. Powered by J Media Group

    Type above and press Enter to search. Press Esc to cancel.