Cognizant Acquires Belcan for Approximately $1.3 Billion
June 10, 2024
Cognizant has signed a definitive agreement to acquire Belcan, a global supplier of engineering R&D and digital engineering services, for approximately $1.3 billion in cash and stock. The acquisition expands Cognizant's ER&D capabilities and establishes a leadership position in the aerospace & defense market while preserving Belcan's brand and leadership under CEO Lance Kwasniewski.
- Buyers
- Cognizant
- Targets
- Belcan
- Sellers
- AE Industrial Partners
- Industry
- Aerospace & Defense
- Location
- Ohio, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Belcan Acquires Base2 Solutions
December 12, 2019
IT Services
Belcan, a portfolio company of AE Industrial Partners, acquired Base2 Solutions, a Bellevue-based provider of software and systems engineering consulting services, from Safran. The acquisition expands Belcan's digital systems and software capabilities and broadens its geographic footprint in major U.S. aerospace hubs. Terms were not disclosed.
-
Belcan Acquires Telesis Corporation
November 2, 2020
IT Services
Belcan, a PE-backed global supplier of engineering and IT services, has acquired Telesis Corporation, a McLean, Virginia-based provider of federal IT services. The deal expands Belcan's Government IT Solutions capabilities—adding cybersecurity, C4ISR, cloud modernization and managed/IT services—and represents the 15th acquisition under Belcan's ownership by AE Industrial Partners. Terms were not disclosed.
-
Belcan Acquires VICTOR42
May 26, 2021
Aerospace & Defense
Belcan, a global engineering and government IT services provider backed by AE Industrial Partners, has acquired VICTOR42, a Washington D.C.-based specialist in special operations support, intelligence solutions, training, and federal IT services. Terms were not disclosed; the acquisition is an add-on to Belcan's government and defense capabilities under AE Industrial Partners' ownership.
-
Belcan Acquires AVISTA
November 18, 2020
Aerospace & Defense
Belcan, a portfolio company of AE Industrial Partners, acquired AVISTA, Inc., a provider of safety-critical and mission-critical software engineering services, from TransDigm Group. The acquisition adds systems and software engineering capability to Belcan's offering and expands its Midwest footprint with AVISTA's locations in Platteville, Cedar Rapids and Blaine; AVISTA's management team will join Belcan.
-
Belcan Acquires RTM Consulting
September 15, 2022
Consulting
Belcan, a global engineering and digital solutions provider backed by AE Industrial Partners, has acquired RTM Consulting, a Cincinnati-based provider of resource and workforce management, digital transformation, and professional education services. The deal — terms undisclosed — is an add-on to Belcan's capabilities and will help the company expand its resource-management and service-delivery offerings across Belcan's customer base.
-
Cognizant Acquires Devbridge to Expand Digital Engineering Capabilities
December 7, 2021
Software
Cognizant has agreed to acquire Devbridge, a Chicago‑headquartered digital product and technology consultancy, to expand its software product engineering capabilities and global delivery footprint. The deal adds more than 600 engineers, designers and product managers across Lithuania, Poland, the United States, the United Kingdom and Canada; Devbridge employees will join Cognizant Softvision. Financial terms were not disclosed and the transaction was expected to close in late 2021.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.