Dave Dzaran, Centauri
Professional services and solutions provider KBR, Inc. has entered into a definitive agreement with private equity firm Arlington Capital Partners, under which KBR will acquire technology solutions provider Centauri, LLC for approximately $800 million (net of tax benefits) in cash.
KBR President and CEO Stuart Bradie said the transaction aligns with KBR’s strategy of upping its technical, mission-focused, synergistic capabilities and long-lasting customer relationships.
“We are excited to welcome and work closely with the Centauri team as we continually drive growth and value-creation for our shareholders and other stakeholders,” Bradie added.
Centauri provides high-end engineering and development solutions for national security missions associated with space, intelligence, cyber and emerging technologies, such as directed energy and missile defense.
With this acquisition, KBR expands its military space and intelligence businesses, and builds on its existing cybersecurity and missile defense solutions.
“Centauri was purpose-built to solve the most complicated space and directed energy challenges faced by our country, a strategy that will only be enhanced by KBR’s scale, strong management team and shared focus on quality and culture,” said David Wodlinger, a partner at Arlington Capital.
By merging with KBR, Centauri will have more opportunities to grow as part of a larger and more diversified company, said Centauri CEO Dave Dzaran.
“Centauri and KBR share strong employee-focused, mission-first cultures and complementary platforms, making this an ideal combination,” he added.
