CoVant buys A-T Solutions
- By David Hubler
- Mar 05, 2008
CoVant, a private equity partnership founded by former Anteon International Inc. chief executive Joseph Kampf and his partners, has acquired A-T Solutions Inc. Terms of CoVant's first acquisition were not disclosed.
Founded in 2002, A-T Solutions of Fredericksburg, Va., is a provider of analytical and training services for the detection, identification and defeat of improvised explosive devices and weapons of mass destruction. Employing about 200 specialized experts, the company is the largest single supplier of IED-related training services to the Defense and Homeland Security departments.
The A-T Solutions management team is retaining a significant equity position and will continue to manage the company's business, CoVant said. Kampf and CoVant board member retired Army Gen. Hugh Shelton will join A-T Solutions' board of directors.
A-T Solutions' mission is to save American lives abroad and at home, Kampf said. "I have every confidence that the combination of A-T Solutions' technical expertise and commitment to mission and CoVant's financial resources and management expertise will create significant value for our customers, employees and shareholders."
CoVant, aided by its partner CI Capital Partners, was created in 2007 to bring financial resources, strategic guidance and management expertise to emerging technology companies in the defense, homeland security and intelligence communities. CoVant is based in McLean, Va.
David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.