Versar, an engineering, security and environmental services provider, has acquired Louis Berger Services from Canada-based WSP Global for an undisclosed sum. LBS has approximately 1,400 employees and provides contingency logistics, aerial port operations, transportation asset maintenance, ground support and other operations and maintenance services ...
Versar, a program management business supporting federal government and commercial clients and a portfolio company of private investment firm Kingswood Capital Management, has purchased BayFirst Solutions for an undisclosed sum as part of portfolio expansion initiative across the information technology and intelligence service areas. “We look ...
The U.S. Army Corps of Engineers has selected four companies to support construction projects along the country's southern border through a potential five-year, $300M contract....
Nayna Diehl, formerly vice president, corporate counsel and director of contracts at Versar, has joined SOS International as associate general counsel....
Versar has gone private after the close of its acquisition by an affiliate of investment firm Kingswood Capital Management via a tender offer of $0.15 per outstanding share and a second-step merger. The formerly publicly traded project management company said Tuesday the new capital structure serves to build on its long-term strategic...
Versar has agreed to be purchased by affiliates of Los Angeles-based private equity firm Kingswood Capital Management through a cash tender offer. Kingswood agreed to buy all outstanding shares of stock in the Springfield, Virginia-based project management company for 15 cents per share and begin the cash tender offer no later than Oct. 6, Versar...
The U.S. Army has awarded seven companies spots on a potential $172.7 million contract to help the service branch manage chemical, biological, radiological and nuclear defense-related materials. The Defense Department said Wednesday contractors will compete for task orders to evaluate, identify, locate, recover and dispose of munitions, explosi...
The U.S. Air Force has selected 11 companies to compete for delivery orders to design, build or engineer facilities and infrastructure for the military branch under a potential five-year, $950 million contract. The 772nd Enterprise Sourcing Squadron received 13 offers for the indefinite-delivery/indefinite-quantity cont...
