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  • Thursday, November 21, 2024

Constellis Finalizes Centerra Group Purchase


Reston, Virginia-based risk management and operational support services contractor Constellis has closed its acquisition of Palms Beach Gardens, Florida-based Centerra Group and its subsidiaries from an affiliate of Alvarez & Marsal Capital for an undisclosed sum.

Both companies first announced the deal in March and Constellis said Friday the acquisition will help strengthen its professional relationships with government clients such as the U.S. Energy Department and the United Nations.

Constellis also intends to use the combined entity’s scale, vertical integration, training facilities, shared best practices and financial resources to optimize its risk mitigation service offering.

The combination increases Constellis’ global workforce to nearly 17,000 employees.

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