VALIANT INTEGRATED SERVICES ANNOUNCES KEY ACQUISITION OF ABM GOVERNMENT SERVICES
MCLEAN, Va., June 7, 2017 /PRNewswire/ -- Valiant Integrated Services ("Valiant") today announced that it has completed the closing of a purchase agreement with ABM Government Services LLC ("ABMGS"), accelerating the Company's entry into the growing market for Mission Support and Linguistic Services, Critical Infrastructure Services, Healthcare Facility Services and Healthcare Construction Management to the U.S. Government.
The transaction naturally extends Valiant's core capabilities and is projected to significantly increase the size of both the Company's operations and annual revenue. ABMGS will do business as Valiant Government Services with a formal name change to follow.
"The ABM Government Services business has a long and distinguished track record of providing critical support to U.S. military installations across the globe," said Valiant Chief Executive Officer James Jaska. "The business is a natural complement to Valiant's current expeditionary logistics services offerings and cements our ability to be one of a limited number of U.S. owned companies that can provide a full and complete range of services and mission-critical support to the U.S. military."
ABMGS has three distinct business lines:
· Providing mission-critical, in-theater linguistic, translation, and interpretation services.
· Providing the backbone of its customers' operations, specifically supporting the most mission-critical components, including data centers, power generators, fire suppression systems, irrigation systems, and other vital areas to customers who rely on the Company for uninterrupted service.
· Providing Healthcare Facility Services to military hospitals and government medical facilities across the U.S including construction management services for healthcare facilities.
"We are pleased to support Valiant management in an acquisition that should enhance the competitive positioning of both companies – as well as produce certain synergies across the combination," said Mac LaFollette, the Founder of The GC Companies, and Chairman of the Valiant Board of Directors. "We expect the combined company to thrive and couldn't be more pleased with this opportunity."
ABMGS has numerous active contracts and task orders across the globe, including agreements with the U.S. Army, U.S. Air Force, U.S. Navy, and the Internal Revenue Service. Hopkinsville, Kentucky-based ABMGS has two major facilities and more than 50 operational locations in the U.S. as well as locations in Italy, Iraq, and Kuwait. The business has approximately 1,000 full-time employees.
"We are excited to be joining the Valiant team and believe this transaction will allow our business to become the premier provider of Mission Support, Critical Infrastructure Services, Healthcare Facility Services, and Healthcare Construction Management to the U.S. Government and provide the resources and experience to allow us to capitalize on new opportunities," said Rick Phillips, ABMGS's Chief Operating Officer.
About Valiant Integrated Services LLC
At Valiant, our core mission is to provide vital resources and mission-critical support to enable peacekeepers, relief workers, and emergency response teams to effectively do their jobs. We not only provide food, water, fuel and other resources to remote outposts across the globe; we provide a fully integrated delivery system to ensure timely and safe delivery. We do our job so our customers can do theirs.