DynCorp buys international development firm
DynCorp International LLC has acquired Casals & Associates Inc., an international development company, through the purchase of 100 percent of the company’s stock.
DynCorp International LLC has acquired Casals & Associates Inc., an international development company, through the purchase of 100 percent of the company’s stock. Precise financial terms were not disclosed.
Casals, a private company in Alexandria, Va., helps to achieve U.S. foreign policy and international development priorities by assisting in the development of stable and democratic governments, implementing anti-corruption initiatives and aiding the growth of democratic public and civil institutions, according to a DynCorp statement today.
With more than two decades of experience supporting the initiatives and programs of the U.S. Agency for International Development and international organization, Casals has developed significant expertise in the areas of democracy and governance, conflict management and recovery, rule of law and access to justice, strengthening civil society and public outreach.
The acquisition brings together the complementary skills, experience and capacity of Casals and DynCorp International to strengthen the strategic expansion of DynCorp International into the international development field, the statement said.
Casals will be integrated within DynCorp International’s Global Stabilization and Development Solutions division.
“This acquisition addresses our goal of creating value through continued growth and business diversification, and furthers our alignment with the Obama administration’s emphasis on the application of ‘smart power’ to global challenges,” DynCorp International President and CEO William Ballhaus said in the company statement.
DynCorp International