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18
2014 Year in Review
Announced
Closed
Closed
December 31, 2014
December 10, 2014
December 11, 2014
Notes
Notes
Notes
VSE Corporation will acquire four
business units from Killick Aerospace
Group for $184 million cash with
potential post-closing payment of up-
to $45 million. The units specialize in
MRO services and parts supply for
corporate and regional jet aircraft
engines and engine accessories.
Combined, the four businesses have
185 employees, $111 million in total
2014 sales, and $22 million in
estimated income before taxes.
Solaero Technologies, an affiliate of
Veritas Capital, acquired the Space
Photovoltaics business of EMCORE
Corp for $150 million. The business
provides products for space power
applications including high-efficiency
multi-junction solar cells, coverglass
interconnected cells and complete
satellite solar panels, along with
terrestrial applications, including high-
efficiency multi-junction solar cells for
concentrating photovoltaic power
systems.
Vistronix, LLC, a portfolio company of
Enlightenment Capital, acquired
privately held Agency Consulting
Group (ACG). ACG is a premier
provider of enterprise mission
information technology solutions to
the Intelligence Community. ACG is a
primary architect of the Intelligence
Community's migration of
applications, software and
infrastructure to cloud-based, virtual
environments. The McLean Group
advised ACG in its sale.
will acquired
acquired
acquired
Notable Transaction Activity
Source: Capital IQ and InfoBase as of 12/31/14
Space Photovoltaics business
Prime Turbines and CT
Aerospace and Kansas Aviation
and Air Parts & Supply Co.