Market Newcomer

Buyer: Belcan

Targets: The Kemtah Group and Schafer Corp.

Value: Undisclosed.

Why: Beclan is a Cincinnati-based engineering firm founded in 1958 but it was non-existent in the government market until 2016 when it acquired Intercom Consulting & Federal Systems Corp. In 2017, it followed that deals with two more -- the Kemtah Group and Schafer Corp. After closing those deals, Belcan stood up a government segment. Its leadership says more deals are on the way. Belcan itself was acquired by private equity firm AE Industrial Partners in 2015.

Return to the M&A Roundup.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.