J&J Worldwide Services to Operate, Maintain Military Medical Education Training Campus; Steve Kelley Quoted

Dallas-based investment firm CBRE Group has agreed to buy J&J Worldwide Services from Arlington Capital Partners for $800 million in cash as part of efforts to expand its capabilities in the public sector. J&J CEO Steve Kelley said the transaction will enable the company to continue expanding its platforms in support of military clients at mission-critical facilities worldwide.

J&J Worldwide Services has booked a pair of task orders to help the Defense Health Agency maintain two military medical facilities in Hawaii. The awards, issued under a $99 million indefinite-delivery/indefinite-quantity contract vehicle, cover operation, maintenance, minor construction and repair services at the Tripler Army Medical Center in Honolulu and Desmond T. Doss Health Clinic

J&J Worldwide Services holds a spot on a potential 10-year, $75 billion contract managed by the Department of Health and Human Services and is eligible to pursue task orders to help HHS manage influx care facilities. The company said Monday it will compete for work under the contract’s direct care, facilities management and wrap-around service