This marks the 15th acquisition by Belcan under its ownership by AE Industrial Partners, LP, a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets.
FREMONT, CA: Belcan, a global supplier of engineering, supply chain, technical recruiting, and information technology (IT) services to the Aerospace, Defense, Automotive, Industrial, and Government Services markets, announced that it has acquired Telesis Corporation, a leading technology services and solutions firm serving defense and civilian federal government customers. Terms of the transaction were not disclosed.
"The acquisition of Telesis is transformational for Belcan's Government IT Solutions business, immediately adding complementary capabilities and greater scale," said Lance Kwasniewski, CEO of Belcan. "Telesis not only has close, long-term relationships with leading federal customers, but its solutions and services are well-aligned with future federal spending priorities in the U.S. We look forward to working with the company's talented management team to unlock the potential of the combined companies."
Founded in 1998, Telesis provides innovative information technology solutions for large, complex government customers focusing on highly differentiated services that deliver mission-critical solutions for its customers. Serving U.S. Federal agencies in defense, civilian, health, and intelligence markets, Telesis' primary capabilities include cybersecurity, C4ISR and mission systems, cloud and IT modernization, and managed technology solutions. The company is headquartered in McLean, VA, with operations across the United States and internationally.
"Joining a large, multi-faceted organization such as Belcan will provide additional integrated services for our customers, as well as greater opportunities for our employees," said Dave Jefferson, Chief Strategy Officer of Telesis. "Belcan shares our strong commitment to superior customer service and we are excited to work together to grow the business."
Kirkland & Ellis served as legal advisor, and PricewaterhouseCoopers was the financial advisor to Belcan. Morrison & Foerster served as legal advisor, and G Squared Capital Partners was the financial advisor to Telesis.