Cognizant Acquires Belcan for Approximately $1.3 Billion

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 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 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 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.

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.

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.