DC Capital Partners Management LP has acquired Janus Global Operations, a provider of integrated stability operations. No financial terms were disclosed. Sagent Advisors LLC was financial adviser to Janus on the transaction.
PRESS RELEASE
LENOIR CITY, Tenn., Dec. 18, 2017 /PRNewswire/ — Janus Global Operations (“Janus”), a leading provider of integrated stability operations, announced today that it has been acquired by an affiliate of DC Capital Partners Management, LP (“DC Capital”), a private equity investment firm headquartered in Alexandria, Virginia.
Janus provides integrated stability operations services including humanitarian munitions remediation, environmental remediation and services, risk management, and logistics and lifecycle support solutions to public and private sector clients worldwide.
Thomas J. Campbell, Founder and Managing Partner of DC Capital and the new Chairman of Janus, said, “Janus is a globally recognized leader in munitions remediation and stability operations. The Company possesses all of the characteristics we seek in our investments: they are extremely well regarded by their customers, have a highly trained and experienced workforce that provides mission critical services, and they operate with the highest ethical standards.”
Recently, Janus has been spotlighted by ABC News and PBS for its work clearing improvised explosive devices, landmines, and other explosive hazards ISIS left behind as it was expelled from Ramadi and Mosul, Iraq. Janus’s work in Iraq has allowed more than one million displaced persons to return to their homes. As part of its integrated stability operations portfolio of capabilities, Janus is the world’s largest commercial munitions remediation company.
“What Janus has accomplished to this point is extremely impressive,” Mr. Campbell said. “DC Capital’s acquisition of Janus will provide the Company with additional resources and the opportunity to collaborate with our other DC Capital portfolio companies, to expand services to clients and provide a full continuum of capabilities. Janus’s current management team will continue to lead the company.”
Matt Kaye, Janus’s President and Chief Executive Officer, said, “the acquisition enables Janus to expand its already broad range of client services. Our team now has the advantage of DC Capital’s extensive resources and its exceptional track record of enabling businesses to grow, allowing them to have an even greater impact in their fields.” Mr. Kaye added, “Our ability to collaborate with our partner companies in the DC Capital portfolio will allow us to expand our capabilities to our current clients and reach out to new clients. This acquisition will solidify the Company as the industry leader in every aspect of integrated stability operations and will provide expanded opportunities for our people for increased responsibilities and professional growth.”
“Having the best people is the key to the success of any company and we have been extremely impressed by the people at Janus,” said Mr. Campbell. “Janus professionals safeguard American military service members and U.S. government facilities around the world, ensure commercial clients can accomplish their goals in remote, austere locations, and, perhaps most importantly, improve peoples’ lives by removing from their communities the dangers posed by remnants of war. We are proud to welcome Janus to the DC Capital portfolio.”
Sagent Advisors, LLC acted as exclusive financial advisor and Morrison & Foerster LLP acted as legal advisor to Janus in connection with the transaction. Arnold & Porter Kaye Scholer LLP and White & Case LLP acted as legal advisors to DC Capital.
About Janus Global
Janus Global Operations is a leading provider of integrated stability operations services including munitions response; demining; intelligence support; logistics; life support; risk management; communications; and other stability operations services in some of the world’s most challenging environments across the globe. Learn more at www.janusgo.com.
About DC Capital Partners
DC Capital Partners is a private equity investment firm headquartered in Alexandria, Virginia focused on making control investments in middle market, U.S.-based, Government Services and Engineering & Construction Services businesses. Learn more at www.dccapitalpartners.com
Source: https://www.pehub.com/2017/12/dc-capital-acquires-janus/
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