PAE

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ARLINGTON, VA., — PAE, a leading provider of enduring support for essential global missions, today announced that it has entered into a definitive agreement to acquire A-T Solutions Corporate Holdings Prime, Inc. (together with its subsidiaries, collectively "A-T Solutions") from its stockholders, including partnerships affiliated with CI Capital Partners LLC. The transaction is expected to close by the end of May, subject to regulatory approvals. Together with PAE's most recent acquisition, the transaction will further enhance the company's national security business.
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"In the thirteen years since its founding, A-T Solutions has grown into an internationally recognized leader in the defense and national security industry, and this team is trusted by over 200 government customers to provide highly specialized counter-threat services," said PAE CEO John Heller.

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ARLINGTON, VA., — PAE, a leading provider of enduring support for essential global missions, has been awarded a contract from the Department of State to support the Operations and Maintenance Contract for the U.S. Embassies in Europe and Asia. The value of the contract is $48.3M with a period of performance of five years; two base years and three one-year option periods. PAE has supported the U.S. diplomatic mission in Europe and Asia for almost 30 years, and in that time has expanded this portfolio to include 15 locations throughout Europe and Asia.
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PAE is proud to be chosen to support this diplomatic mission, and we look forward to continuing our nearly 30 year legacy of support to the Department of State,” said PAE CEO John Heller. “Our performance on this contract has served as a platform from which to expand our portfolio of critical infrastructure support to the Department of State, through contracts at the U.S. Embassies in Kabul and Baghdad, as well as the Department of Defense...

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U.S. Investigations Services may have found the only way to salvage the bulk of the remaining business and save the jobs of nearly 2,000 employees – selling its Global Security and Solutions business to PAE.

Terms of the deal were not disclosed, but the Global Security and Solutions business essentially was all that remained of USIS after the Office of Personnel Management cancelled its contracts for background investigations.

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