Belcan Acquires Sitec Design Ltd. and Sitec Recruitment Ltd.

Cincinnati, Ohio – February 4, 2019 – Belcan, LLC (“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, today announced the acquisition of Sitec Design Ltd. and Sitec Recruitment Ltd. (“Sitec”).  Terms of the transaction, which closed on February 1, were not disclosed.  Belcan is a portfolio company of AE Industrial Partners, LP (“AEI”), a private investor in aerospace, power generation and specialty industrial companies.

Sitec is an award-winning UK-based engineering services and technical recruitment supplier serving aerospace, defense, nuclear, and industrial customers in the UK and Europe.  Established in 1951, Sitec has built relationships with many leading aerospace manufacturers, and boasts internal capabilities in engineering design & development and maintenance & support, holding both industrial and company-specific accreditations.  Sitec’s technical recruitment business provides services to a wide range of sectors, with longstanding relationships spanning industry-leading companies.

Lance Kwasniewski, CEO of Belcan, said, “The acquisition of Sitec represents significant progress for Belcan’s global strategy, strengthening our international reach and bringing additional engineering capability and experience.  Sitec, in combination with our existing UK and European business, provides extended breadth and technical depth of resources to serve our growing global customer base.”

David Medlock, Chairman of Sitec, said, “Sitec has been a family-owned business since its founding in 1951 by Len Medlock, and we have spent many months looking for the right team to take over the reins and lead the company in its next stage of growth.  The directors of Sitec believe we have found the perfect partner in Belcan, and we look forward to enhanced opportunities as we remain dedicated to providing our customers with first-class services.”

Kirkland & Ellis LLP served as legal advisor and PricewaterhouseCoopers LLP served as financial advisor to AEI.  Lincoln International served as exclusive financial advisor to the Sitec Board.

 

About Belcan

Belcan, LLC is a global supplier of engineering, supply chain, technical recruiting, and IT services to customers in the aerospace, defense, automotive, industrial, and government sectors.  Belcan engineers better outcomes for customers – from jet engines, airframe, and avionics to heavy vehicles, automobiles, and cybersecurity, Belcan takes a partnering approach to provide solutions that are adaptable, integrated, and value added.  Belcan has been earning the trust of our customers for 60 years and counting.  For more information, please visit www.belcan.com.

 

About Sitec

With a proven track record spanning over 60 years, Sitec provides engineering offload and recruitment services across a wide range of industries, in particular Aerospace, Defence, Nuclear and Petro Chemical.  The Engineering offload division provides comprehensive engineering solutions throughout the research, design, development, and manufacturing phases supporting blue-chip companies such as Airbus, BAE, Leonardo and Rolls-Royce.

Offering temporary, permanent and managed services, Sitec’s recruitment division has a proven record of providing tailored staffing solutions to meet its clients’ needs by utilising its core industry knowledge and experience.  Learn more at www.sitecgroup.com.

 

About AE Industrial Partners

AE Industrial Partners is a leading private equity firm with more than $2.7 billion of assets under management, specializing in control investments in aerospace and defense, power generation, and specialty industrial businesses.  AEI invests in market-leading companies that can benefit from its deep operating experience, industry knowledge, and relationships.  Learn more at www.aeroequity.com.

Belcan Acquires Allegiant International

Cincinnati, Ohio – June 14, 2018 – Belcan, LLC (“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, today announced the acquisition of Allegiant International LLC (“Allegiant”). Terms of the transaction, which closed on June 13, were not disclosed. Belcan is a portfolio company of AE Industrial Partners, LP (“AEI”), a private investor in aerospace, power generation, and specialty industrial companies.

Allegiant, headquartered in Indianapolis, IN, is a professional services network with more than 750 professionals in three lines of service: advisory, tactical operations, and technical services. Allegiant offers the capabilities of a top multinational advisory and consultancy firm, the tactical resources of a best-in-class specialty service enterprise, and the efficiency advantages of a business process outsourcing partner. Allegiant delivers rapid, effective, and sustainable results to successful brands worldwide, supporting: automotive, aerospace, defense, medical, and industrial supply chains. Allegiant provides solutions to some of the largest global OEMs and Tier 1 suppliers; and in 2017 received the General Motors “Supplier of the Year” award for the second consecutive year.

“Allegiant is known for its supply chain expertise, which makes it a highly strategic fit with Belcan’s existing manufacturing and supply chain services business,” said Lance Kwasniewski, Chief Executive Officer of Belcan. “Their attractive automotive industry customer base of blue chip OEMs and Tier 1 suppliers also strengthens Belcan’s position in this important segment. We look forward to working closely with the Allegiant management team to realize the tremendous opportunities ahead.”

“Allegiant is excited to join the Belcan family and we believe the combination brings exceptional growth opportunities,” said Nicole Grove, Founder and Chief Executive Officer of Allegiant International. “With Belcan’s support and capabilities, we will be able to further expand our services and reach, which is critical to meeting the growing demand of our customers across the globe.”

“With seven acquisitions in less than 36 months, Belcan continues to demonstrate a commitment to build capabilities to serve its customer base in new and dynamic ways,” said David H. Rowe, Chairman of Belcan and Managing Partner of AEI.

Kirkland & Ellis LLP served as legal advisor and PricewaterhouseCoopers LLP served as financial advisor to Belcan. Faegre Baker Daniels LLP served as legal advisor and BKD Corporate Finance, LLC served as financial advisor to Allegiant.

 

About Belcan

Belcan is a global supplier of engineering, supply chain, technical recruiting, and IT services to customers in the aerospace, defense, automotive, industrial, and government sectors. Belcan engineers better outcomes through adaptive and integrated services. From jet engines, airframe, and avionics to heavy vehicles, chemical processing, and cybersecurity, Belcan takes a partnering approach to provide customer-driven solutions that are flexible, scalable, and cost-effective. Belcan’s unique capabilities have led to continuous growth and success for nearly 60 years. For more information, please visit www.belcan.com.

 

About Allegiant International

Allegiant International is a professional services network focusing on supplier performance improvement initiatives.  The firm’s headquarters is located in Indianapolis, Indiana.  Allegiant has more than 750 professionals working globally, in three lines of services: advisory services, tactical operations (supply chain response teams), and engineering/technical services.

With global capability, Allegiant’s value proposition is to deliver clients optimal results by acting with “speed and precision.” For more information, please visit www.allegiantworks.com.

About AE Industrial Partners

AE Industrial Partners is a leading private equity firm specializing in control-oriented investments in aerospace & defense, power generation, and specialty industrial businesses. AEI invests in market-leading companies that can benefit from its deep operating experience, industry knowledge, and relationships. Learn more at www.aeroequity.com

 

 

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Belcan Acquires CDI’s Aerospace & Industrial Equipment Business Unit and Certain Related Aerospace Staffing Contracts

Cincinnati, Ohio – December 12, 2017 – Belcan, LLC (“Belcan”), a global supplier of engineering, technical recruiting, and information technology (IT) services to the aerospace, defense, industrial, and government services markets, today announced the acquisition of the Aerospace & Industrial Equipment business unit of CDI Corporation (“CDI”), including certain related aerospace staffing contracts (collectively the “CDI Aerospace Assets”). Terms of the transaction, which closed on December 11, were not disclosed.

CDI’s Aerospace Assets deliver engineering and recruitment solutions for a broad range of aerospace platforms, from large commercial aircraft to the military’s most advanced rotorcraft, fighter jets, missiles, and unmanned systems. Services include mechanical and electrical systems design, drafting, engineering analysis, software design and verification, validation and testing, technical support, advanced engineering analysis, safety-critical embedded systems, test and validation support, tooling design and development, and contract and full-time staffing services for key OEMs across the United States and Canada.

“The acquisition of CDI’s Aerospace Assets is an excellent strategic fit and will add tremendous value to our customers,” said Lance Kwasniewski, Chief Executive Officer of Belcan. “We look forward to combining our collective rich histories and talented workforces to create a leading engineering and technical services platform in the aerospace market.”

“We believe this is truly an excellent outcome for both companies,” said Michael Castleman, President & CEO of CDI.  “Belcan provides our aerospace-related employees and clients with additional resources, scale and dedication to the aerospace and industrial markets. This transaction also enables CDI to have greater focus on our remaining business, continuing our relentless pursuit of delivering growth and value to our clients and stakeholders.”

Kirkland & Ellis LLP served as legal advisor and PricewaterhouseCoopers LLP served as financial advisor to Belcan. Buckingham, Doolittle & Burroughs, LLC served as legal advisor and Alvarez & Marsal served as financial advisor to CDI.

 

About Belcan

Belcan is a global supplier of engineering, technical recruiting, and IT services to customers in the aerospace, defense, industrial, and government sectors. Belcan engineers better outcomes through adaptive and integrated services—from jet engines, airframe, and avionics to heavy vehicles, chemical processing, and cybersecurity, Belcan takes a partnering approach to provide customer-driven solutions that are flexible, scalable, and cost-effective. Belcan’s unique capabilities have led to continuous growth and success for nearly 60 years. For more information, please visit www.belcan.com.

About CDI Corporation

CDI seeks to create extraordinary outcomes with its clients by delivering solutions based on highly skilled and professional talent. Its business is comprised of four segments: Enterprise Talent, Specialty Talent & Technology Solutions, Engineering Solutions, and MRI. It provides engineering, information technology, and staffing solutions to clients in multiple industries, including chemicals, energy, infrastructure, and technology, as well as municipal and state governments and the U.S. Department of Defense. It has offices and delivery centers in the U.S. and Canada. In addition, it also provides recruiting and staffing services through its global MRINetwork® of franchisees. Learn more at www.cdicorp.com.

Lee Shabe Joins Belcan as President of New Government Services Segment

CINCINNATI, Ohio – April 6, 2017 – Belcan, LLC announced that Lee Shabe has joined the company as President of Government Services, the newly formed global business segment which will focus on cybersecurity, managed information technology (IT) services, and data management for the U.S. government and institutions around the world. In his new position, Mr. Shabe will lead the planning and execution of strategic initiatives, major customer accounts, and mergers and acquisitions.

“Lee brings deep connections in the segment, with more than 20 years of senior leadership experience within the intelligence and defense sectors and proven ability as a dynamic leader.”

“Belcan’s new Government Services segment unites our global portfolio of government IT and security offerings and provides a compelling, competitive platform for exceptional customer service,” said Lance Kwasniewski, CEO of Belcan. “Lee brings deep connections in the segment, with more than 20 years of senior leadership experience within the intelligence and defense sectors and proven ability as a dynamic leader.”

“Belcan’s momentum in global government security is without equal,” said Mr. Shabe. “I am excited to work with the team to accelerate the development and expansion of their already extensive capabilities, particularly the government services and security offerings from Belcan’s acquisitions of The Kemtah Group and Intercom Consulting & Federal Systems. Now more than ever, these capabilities are in demand around the world.”

Prior to joining Belcan, Mr. Shabe held senior management positions at leading government IT and security service providers. He was Executive Vice President of NNData and previously was Vice President, Cloud Solutions Program Office for ViON Corporation. He also held executive positions at L-3 National Security Solutions and Data Tactics Corporation, and served as a Special Agent for the U.S. Air Force’s Office of Special Investigations.

Mr. Shabe graduated from American Public University with a B.S. degree in Criminal Justice. He also received an M.S. degree in Information Security from Capella University and an MBA degree from Liberty University.

About Belcan

Belcan is a global supplier of engineering, technical recruiting, and IT services to customers in the aerospace, industrial, and government sectors. Belcan engineers better outcomes through adaptive and integrated services. From jet engines, airframe, and avionics to heavy vehicles, chemical processing, and cybersecurity, Belcan takes a partnering approach to provide customer-driven solutions that are flexible, scalable, and cost-effective. Belcan’s unique capabilities have led to continuous growth and success for nearly 60 years. For more information, please visit www.belcan.com.

CONTACT:
Owen Blicksilver Public Relations

Carol Makovich
(203) 622-4781
carol@blicksilverpr.com

Jennifer Hurson
(845) 507-0571
jennifer@blicksilverpr.com

Belcan to Acquire Schafer Corporation

Cincinnati, Ohio – April 6, 2017 – Belcan, LLC (“Belcan”), a global supplier of engineering, technical recruiting, and information technology (IT) services to the aerospace, defense, industrial, and government services markets, announced today that it has entered into an agreement to acquire Schafer Corporation (“Schafer”) from Metalmark Capital Partners. The transaction is expected to close in the second quarter of 2017. Belcan is a portfolio company of AE Industrial Partners, LLC (“AEI”), a private investor in aerospace, power generation, and specialty industrial companies.

Since 1972, Schafer Corporation has been a leading provider of scientific, engineering, and technical services to numerous military and civil government agencies. Schafer employs more than 400 experts worldwide in areas such as CBRNE (chemical, biological, radiological, and nuclear defense), space systems, air and missile defense, micro materials, and cybersecurity.

“Belcan is building an unrivaled array of engineering and IT capabilities, and Schafer is the latest acquisition to support this global initiative,” said Lance Kwasniewski, Chief Executive Officer of Belcan. “Schafer represents a tremendous addition to our Government Services business, which helps governments and institutions worldwide support mission-critical tasks.”

“Schafer is excited to join the Belcan family, we believe the combination brings exciting growth opportunities as our expertise and services are a perfect fit,” said Michael Griffin, Chairman and Chief Executive Officer of Schafer Corporation. “With Belcan’s support and capabilities, we will be able to further expand our services and reach, which is critical to meet the growing demand of our customers across the globe.”

“With five acquisitions in less than 18 months, Belcan has demonstrated an unrelenting commitment to expanding its capabilities and footprint,” said David H. Rowe, Managing Partner of AEI. “We are proud to have helped Belcan grow to become an undisputed leader in the markets it serves.”

PricewaterhouseCoopers LLP served as financial advisor to Belcan and AE Industrial Partners. Raymond James & Associates, Inc. served as financial advisor to Schafer and Metalmark Capital.

About Belcan
Belcan is a global supplier of engineering, technical recruiting, and IT services to customers in the aerospace, defense, industrial, and government sectors. Belcan engineers better outcomes through adaptive and integrated services. From jet engines, airframe, and avionics to heavy vehicles, chemical processing, and cybersecurity, Belcan takes a partnering approach to provide customer-driven solutions that are flexible, scalable, and cost-effective. Belcan’s unique capabilities have led to continuous growth and success for nearly 60 years. For more information, please visit www.belcan.com

About Schafer Corporation

Schafer Corporation is a leading provider of scientific, engineering, and technical services and products applied to defeating national security threats. The company provides innovative engineering and technology solutions to the military, intelligence community, DHS, NASA, and others. The Company has been widely recognized for its technical expertise and ability to provide objective analysis that leads to the development of innovative, problem-solving solutions. For more information, please visit http://www.schafercorp.com/

 

About AE Industrial Partners
AE Industrial Partners, LLC is a leading private investment firm in the aerospace, power generation and specialty industrial sectors, focusing on highly technical manufacturing, distribution and supply chain management, MRO (maintenance, repair, and overhaul) and industrial service-based businesses. AE Industrial’s team includes partners with C-suite operating experience in organizations such as GE, Gulfstream Aerospace, Power Systems Manufacturing, Hawker Beechcraft, Landmark Aviation, Bombardier, Aviall, B/E Aerospace, NetJets, and Grand Prairie. For more information, please visit www.aeroequity.com

About Metalmark Capital Partners

Metalmark Capital is a leading private equity firm that seeks to build long-term value through active and collaborative partnerships with business owners, founders and executives. The Firm focuses its investment activity in energy, agribusiness, growth industrials and healthcare. Metalmark Capital manages funds with $3.7 billion in aggregate capital commitments. For more information, please visit www.metalmarkcapital.com

 

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CONTACT: Owen Blicksilver Public Relations

Carol Makovich
(203) 622-4781
carol@blicksilverpr.com

 

Jennifer Hurson
(845) 507-0571
jennifer@blicksilverpr.com

Belcan Tech Services Achieves Diamond Status for Long Term Performance

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“Best of Staffing” Crowns Belcan Technical Staffing and Recruiting

with Highest Award for Excellence

 

Belcan Achieves Diamond Status for Long-Term Performance

Cincinnati, Ohio – March 27, 2017 – Belcan, LLC’s Technical Staffing and Recruiting division has received top honors from the 2017 Best of Staffing competition,  earning Diamond Status in the talent service category. Belcan earned the award by receiving the Best of Staffing Talent Award for the fifth consecutive year.  Additionally, the company won the Best of Staffing Client Award for its high service quality ratings from clients.

Belcan, a global supplier of engineering, technical recruiting, and information technology (IT) services supporting the aerospace, industrial, and government services markets, has consistently garnered top ratings. The company was awarded top grades based on feedback received from its global clients and the employees placed at client companies.

“The most gratifying aspect of these awards for Belcan is the confirmation that we are providing the highest levels of service to both of our key constituencies: the hiring companies and the Belcan contract employees placed at those companies,” said Donavan L. McDonald, President, Belcan Technical Staffing and Recruiting.

“Client companies are getting quality placement services through Belcan’s ability to deliver the right talent for their global needs. Equally important, our Belcan contract employees consistently give high marks to the ongoing training and support they receive as members of the Belcan family,” said Mr. McDonald.

The Best of Staffing Award is earned by companies based completely on the ratings given to them by hiring professionals and the employees they place at their client companies.

Representative Belcan client survey feedback includes:

“Over the past 3 years Belcan has placed themselves at the top of the list for our Engineering talent needs.  …  We have moved from … to only needing Belcan for our Engineering group.” 

“(Belcan is) familiar with our environment and skill set requirements for the engineering organization and its many various disciplines. They form relationships with our hiring managers and are available to come in and meet with us to discuss new positions and/or requirements. Excellent resource for us.”

“Belcan is easy to work with and provides high quality candidates.”

“This team is my #1 “go to” team. I can rely on the best quality candidates and they work quick and accurate to fit our needs.”

“Belcan has an amazing team!  We see them as a true partner to our business.”

 

Typical feedback from Belcan contract employees include:

 “I was treated as part of the team from day one.” 

 “Excellent experience and opportunity that translated into permanent position.”

 “They notice my dedication to quality and safety and my good work.”

“The staff is always helpful and kind. They go above and beyond for their employees.”

“Belcan treats its contract employees as humans with real connections to the companies they work for.”

Survey Procedure and Awards Criteria
The Best of Staffing 2017 Survey was sent to 894 of Belcan’s clients who had worked with Belcan for a three-month date range (early August to early November 2016). The Talent Survey was sent to 3,304 Belcan contract employees who had worked for Belcan for the same three-month date range. Both surveys were sent in mid-December 2016. For more information on the survey procedure and the awards criteria, please visit
https://www.bestofstaffing.com/best-staffing-agencies/.

 

About Belcan
Belcan is a global supplier of engineering, technical recruiting, and IT services to customers in the aerospace, industrial, and government sectors. Belcan engineers better outcomes through adaptive and integrated services. From jet engines, airframe, and avionics to heavy vehicles, chemical processing, and cybersecurity, Belcan takes a partnering approach to provide customer-driven solutions that are flexible, scalable, and cost-effective. Belcan’s unique capabilities have led to continuous growth and success for nearly 60 years. For more information, please visit
www.belcancorporation.com.

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CONTACT:
Owen Blicksilver Public Relations
Carol Makovich
(203) 622-4781
carol@blicksilverpr.com

 

Jennifer Hurson
(845) 507-0571
jennifer@blicksilverpr.com

Belcan’s Balena Blaylock Shorter Featured in Minority Engineer

Belcan’s own Balena Blaylock Shorter was featured in the Winter 2016/2017 Minority Engineer Publication discussing her role as a mother and engineer, her work-life balance, and her senior engineering role with Belcan. Read the full article on the Equal Opportunities Publications Website: (pg 34-35) 

John Black, ASME Distinguished Engineer of the Year

Congratulations to Belcan’s 2017 Distinguished Engineer of the Year, John Black. Mr. Black was honored during National Engineers week by Belcan & the Hartford chapter of the American Society of Mechanical Engineers (ASME).

Belcan Acquires the Kemtah Group

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Cincinnati, Ohio – January 5, 2017 – Belcan, LLC (“Belcan”), a global supplier of engineering, technical recruiting, and information technology (IT) services supporting the aerospace, industrial and government services markets, announced today that it has acquired The Kemtah Group (“Kemtah”). Terms of the transaction – which closed yesterday – were not disclosed. Belcan is a portfolio company of AE Industrial Partners, LLC (“AEI”), a private investor in aerospace, power generation, and specialty industrial companies.

Founded in 1987 and headquartered in Albuquerque, New Mexico, Kemtah provides its customers a complete suite of IT support services, from initial assessment of IT maturity and processes to fully deployed, enterprise-wide, managed IT services, software/application development, cybersecurity, and mobility support.

“The acquisition of Kemtah greatly enhances our Government IT Services Business, which has been rapidly growing since our purchase of intercom Federal Systems five months ago,” said Lance Kwasniewski, Chief Executive Offices of Belcan. “Kemtah’s deep domain knowledge and outstanding relationships will provide Belcan with increased capabilities to support our existing and new customers.”

“Kemtah is the fourth acquisition Belcan has completed since AEI acquired the company 18 months ago,” said David H. Rowe, Managing Partner of AEI and Chairman of Belcan. “Each addition has greatly enhanced Belcan’s product and service offerings, while also extending our reach and presence in the marketplace, allowing us to continue to deliver excellent outcomes to our clients.”“Belcan brings exciting growth opportunities and a breadth of IT and engineering resources to complement and expand Kemtah’s capabilities,” said Steve Wade, Chief Executive Officer at Kemtah. “Kemtah will be a great fit within Belcan’s Government IT Services segment, and should benefit from the added software engineering and cyber security we will be able to offer our customers. We believe we will see immediate synergies from the combination of these two companies.”

Kirkland & Ellis LLP served as legal advisor and PricewaterhouseCoopers LLP served as financial advisor to Belcan and AE Industrial Partners. Miles & Stockbridge P.C. served as legal advisor and Bluestone Capital Partners served as financial advisor to Kemtah.

About Belcan
Belcan is a global supplier of engineering, technical recruiting, and IT services to customers in the aerospace, industrial, and government sectors.  Belcan engineers better outcomes through adaptive and integrated services—from jet engines, airframe, and avionics to heavy vehicles, chemical processing, and cybersecurity, Belcan takes a partnering approach to provide customer-driven solutions that are flexible, scalable, and cost-effective. Belcan’s unique capabilities have led to continuous growth and success for nearly 60 years. For more information, please visit www.belcan.com.

About The Kemtah Group
Based in Albuquerque, New Mexico, The Kemtah Group is a leading provider of IT infrastructure support services with deep domain knowledge of engineering and scientific environments, enabling them to deliver IT services to large, complex government and commercial entities. More information about The Kemtah Group can be found at www.kemtah.com.

About AE Industrial Partners, LLC
AE Industrial Partners, LLC is a leading private investment firm in the aerospace, power generation and specialty industrial sectors, focusing on highly technical manufacturing, distribution and supply chain management, MRO (maintenance, repair, and overhaul) and industrial service-based businesses. AE Industrial’s team includes partners with C-suite operating experience in organizations such as GE, Gulfstream Aerospace, Power Systems Manufacturing, Hawker Beechcraft, Landmark Aviation, Bombardier, IDEX, Aviall, B/E Aerospace, NetJets, and Grand Prairie. For more information, please visit www.aeroequity.com.

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CONTACT:
Owen Blicksilver Public Relations

Carol Makovich
(203) 622-4781
carol@blicksilverpr.com

Jennifer Hurson
(845) 507-0571
jennifer@blicksilverpr.com

 

Belcan Acquires Intercom Consulting & Federal Systems Corp.

image_for_intercomCincinnati, Ohio – July 27, 2016 – Belcan, LLC (“Belcan”), a global supplier of engineering consultancy services and technical staffing solutions, announced today that it has acquired Intercom Consulting & Federal Systems (“Intercom”). Terms of the transaction – which closed today – were not disclosed. Belcan is a portfolio company of AE Industrial Partners, LLC (“AEI”), a private investor in aerospace, power generation and specialty industrial companies.

Founded in 1992 and headquartered in Lansdowne, VA, Intercom provides secure, enterprise-level IT solutions that support and protect mission-essential assets and operations for the U.S. Federal government through four primary capabilities: cyber security, enterprise management, systems engineering and architecture, and network engineering.

“Intercom is an important, strategic addition to Belcan’s growing array of products and services,” said Lance Kwasniewski, Chief Executive Officer of Belcan. “Intercom expands Belcan’s extensive abilities to serve its clients in the most sensitive, mission-critical assignments, around the globe.”

“As part of Belcan, Intercom can take its highly specialized expertise into new industry segments, broadening our global Federal Services business,” said Randall S. Coppersmith, Chairman and Chief Executive Officer of Intercom. “Combining the complementary offerings of these two companies will be a powerful driver of growth for both Belcan and Intercom.”

“There’s no question that demand will continue to escalate in the foreseeable future for the highly specialized, essential consulting and services provided by Intercom, particularly in the current volatile international environment,” said David H. Rowe, Managing Partner of AE Industrial. “Belcan is perfectly situated to introduce these vital services and solutions to commercial clients seeking enhanced security that can meet constantly changing threats and IT solutions for today’s global business demands.”

Kirkland & Ellis LLP served as legal advisor and PricewaterhouseCoopers LLP served as financial advisor to Belcan and AE Industrial Partners. Greenberg Traurig served as legal advisor and the McLean Group served as financial advisor to Intercom.

About Belcan
Belcan is a global supplier of engineering consultancy services and technical staffing solutions. Belcan engineers better outcomes through adaptive and integrated services, from jet engines to electronics, heavy equipment to pharmaceuticals, Belcan takes a partnering approach to provide customer-driven solutions that are flexible, scalable, and cost-effective. Belcan’s unique capabilities have led to continuous growth and success for nearly 60 years. For more information, please visit www.belcancorporation.com

About Intercom Consulting & Federal Systems Corp.
Intercom Consulting & Federal Systems Corp., based in Leesburg, Virginia, is a well-established, employee-owned information technology company that, from its origins in 1992, has been delivering secure, enterprise-wide IT solutions for commercial and government clients around the world. Intercom provides world-class cyber-security innovation, coupled with state-of-the-art technology and consulting. The company has received more than 100 awards for excellence from its clients, including four citations for outstanding performance in recent years from the Department of State. For more information, please visit www.intercomfed.com

About AE Industrial Partners, LLC
AE Industrial Partners, LLC is a leading private investment firm in the aerospace, power generation and specialty industrial sectors, focusing on highly technical manufacturing, distribution and supply chain management, MRO (maintenance, repair and overhaul) and industrial service-based businesses. AE Industrial’s team includes partners with C-suite operating experience in organizations such as GE, Gulfstream Aerospace, Power Systems Manufacturing, Hawker Beechcraft, Landmark Aviation, Bombardier, IDEX, Aviall, B/E Aerospace, NetJets, and Grand Prairie. For more information, please visit www.aeroequity.com

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CONTACT:
Owen Blicksilver Public Relations

Carol Makovich
(203) 622-4781
carol@blicksilverpr.com

Jennifer Hurson
(845) 507-0571
jennifer@blicksilverpr.com