DLA Piper Facilitates Veteran Engineering's Strategic Acquisition by Artum
DLA Piper Facilitates Veteran Engineering's Acquisition by Artum
In a significant move within the federal contracting sphere, DLA Piper acted as legal advisor to Veterans Engineering during its acquisition by Artum, a premier company known for delivering mission-driven technology and professional services to government entities. This merger not only expands Artum’s capabilities but also fortifies its standing in the government contracting space.
A Transformative Partnership
Founded in 2005, Veterans Engineering has established itself as a vital provider of advanced solutions across various service sectors, including IT modernization, cybersecurity, and healthcare technology. The firm has serviced high-profile clients such as the U.S. Department of Veterans Affairs and the Department of Homeland Security, proving its effectiveness and reliability in critical areas affecting national security and public welfare.
Artum, backed by Renovus Capital Partners, is set to leverage Veterans Engineering's expertise to enhance its own offerings, aligning with a broader strategy to provide integrated solutions designed to meet the intricate needs of federal clients. The acquisition reflects a mutual aspiration to build a more robust infrastructure geared towards technological advancements in governmental operations.
Leadership Praise
Neil Snyder, the founder and CEO of Veterans Engineering, expressed his satisfaction with the acquisition process, commending the DLA Piper team for their exceptional service. Snyder noted, "The DLA Piper team was outstanding - they delivered the transaction on budget and ahead of schedule. Working with a firm anchored by fellow veterans was an added benefit. Their commitment to the mission was evident throughout the entire process."
This sentiment was echoed by Jeffrey Houle, chair of DLA Piper's Aerospace and Defense practice, who remarked, "We were honored to represent Veterans Engineering in this transformative combination with Artum. This transaction exemplifies the kind of strategic business combination that strengthens our nation's critical infrastructure and technological capabilities."
DLA Piper's Expertise
DLA Piper is renowned for its comprehensive legal services in various sectors, including aerospace and defense. With a global team of over 1,000 corporate lawyers, the firm has established a reputation for facilitating complex transactions effectively and efficiently. It has been consistently rated number one in global M&A volume by Mergermarket for 15 years and ranks highly in various investment-related categories according to PitchBook.
The DLA Piper team involved in the Veterans Engineering and Artum merger included various partners and associates from diverse regions, showcasing their extensive network and collective expertise. Their deep understanding of the intricacies of government contracting is crucial in navigating the regulatory landscapes affecting mergers and acquisitions in this field.
Conclusion
As the landscape of federal contracting evolves, strategic partnerships like the one formed between Veterans Engineering and Artum highlight the importance of adaptability and innovation in providing critical services. The objectives laid out through this acquisition are not only about business growth but also about reinforcing the infrastructure supporting essential government operations. DLA Piper’s role in this transaction underscores its commitment to supporting companies that serve such vital functions in society.