SES Acquires Leonardo DRS Global Enterprise Solutions (GES) for $450 Million

VSE Corporation Acquires Desser Aerospace from Graham Partners

July 13, 2023

Transportation

VSE Corporation has completed the acquisition of Desser Aerospace from Graham Partners for total cash consideration of $124 million, with a concurrent sale of Desser's Proprietary Solutions businesses to the Loar Group for $30 million (resulting in a net cash outlay to VSE of $94 million). Desser is a global aftermarket distributor of specialty aircraft tires, brakes, batteries and an MRO provider with operations in California, Tennessee, the United Kingdom and Australia; VSE and Loar expect the transactions to expand geographic reach and aftermarket/MRO capabilities.

SES S.A. Acquires Intelsat S.A. for $3.1 Billion

July 17, 2025

Telecommunications

SES S.A. agreed to buy Intelsat S.A. by purchasing 100% of the equity of Intelsat Holdings S.a.r.l. for $3.1 billion, creating a more robust multi-orbit satellite operator. SES later completed the acquisition, integrating the companies into a strengthened global satellite operator with an expanded GEO/MEO fleet and broader connectivity solutions.

Pelican Energy Partners to Acquire GSE Solutions in All-Cash Deal

August 8, 2024

IT Services

GSE Solutions (GSE Systems, Inc.) entered into a definitive all-cash merger agreement to be acquired by Pelican Energy Partners. Under the deal, Pelican will acquire all outstanding shares of GSE for an estimated $4.10 per share (later amended to $4.60 per share), with the transaction initially expected to close in Q3 or Q4 2024. The merger was subsequently closed on November 1, 2024, following approval by GSE shareholders.

Alvarez & Marsal Capital Acquires ettain group; ettain group Acquires GES and Leidos' Commercial EHR Business

October 22, 2019

Staffing & HR

Alvarez & Marsal Capital (A&M Capital) has acquired ettain group from NMS Capital as part of a transaction that included ettain receiving a majority investment and pursuing immediate M&A. Concurrently, ettain group acquired Global Employment Solutions (GES) and Leidos Inc.'s commercial EHR consulting business (Leidos Health, LLC) to expand its Healthcare IT capabilities and broaden its IT staffing footprint across key U.S. markets.

Dinocrates Group Acquires Global Management Systems Inc.

September 10, 2019

IT Services

Dinocrates Group, a Rockville, Maryland-based strategy and technology advisory firm, acquired Global Management Systems Inc. (GMSI), a secure networking and communications provider serving federal and commercial markets. The acquisition adds roughly 80 skilled employees and expands Dinocrates' capabilities into mission-critical communications, network engineering and secure mobility for defense and commercial customers.

Truelink Capital Acquires GES From Viad Corp for $535 Million

October 21, 2024

Professional Services

Viad Corp agreed to sell its GES business to Truelink Capital for $535 million, separating GES from Viad’s Pursuit attractions and hospitality operations. The transaction was completed on Dec. 31, 2024, positioning GES as a privately owned, standalone company within Truelink’s portfolio.