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Posts Tagged ‘Constellis’

Constellis Announces Acquisition of AMK9

Monday, June 26th, 2017

Transaction Expands Constellis’ Capability to Train and Deploy K-9 Teams Globally, Enhances Ability to Provide Competitive Pricing to its Key Customers

RESTON, Va. (June 23, 2017) — Constellis, a leading provider of operational support and risk management services, announced today that it has acquired American K9 Detection Services, LLC (“AMK9”). The acquisition of AMK9, a leader in K-9 security services, sales and training around the world, significantly enhances Constellis’ capability to train and deploy K-9 teams globally.

As part of the transaction, ITC Capital Partners, AMK9’s former owner, has exited its stake in AMK9. Terms of the deal were not disclosed. Constellis financed the acquisition with incremental 1st lien term loan borrowings under Constellis’ existing credit facility.

The transaction brings together the leader in K-9 detection services with one of the industry’s premier safety and risk management providers serving a broad range of customers, including U.S. government agencies (notably the U.S. Department of State, the U.S. Department of Defense and the U.S. Department of Energy), foreign governments, NGOs and a diverse mix of blue-chip commercial entities. Additionally, the deal furthers Constellis’ ongoing strategies to diversify its service lines and to vertically integrate. Constellis will be able to leverage the combined entity’s scale, training facilities, shared best practices and financial resources to continue to offer its customer base competitive pricing while utilizing the industry’s most revered compliance programs.

Headquartered in West Point, Georgia, AMK9 has more than 300 employees operating across the U.S., the Middle East and Africa. AMK9 has an established track record of providing Contract Working Dog (CWD) teams to protect federal facilities, personnel and assets, having worked with the U.S. military to develop and implement industry standards for CWD teams. The company offers turn-key program management solutions to supplement government agencies and multi-national corporations in high-risk environments across the globe.

“AMK9’s well-respected brand and exceptional past performance bring tremendous value to our combined offering,” said Jason DeYonker, Chief Executive Officer of Constellis. “The acquisition of AMK9 allows us to diversify our training service line while also enhancing our ability to provide our customers with the best full-service solution at a competitive price.”

Blackwater To Change Hands Again? Apollo Global Negotiates to Buy Constellis

Thursday, August 11th, 2016

Unless you follow the private security contractor business you probably don’t recognize the name Constellis, but chances are good you know Blackwater.

Blackwater started as a private training facility in the late 90s by former Navy SEAL, Erik Prince, the company was sold in 2010 under the name Xe, after becoming a contracting powerhouse, to investment firms Forte Capital Advisors LLC and Manhattan Strategic Ventures LLC. At that point they rebranded as ACADEMI. Then, in 2014, Forte Capital and Manhattan Strategic purchased Triple Canopy and created Constellis Holdings. Interestingly, the Training Center in Moyock, North Carolina, initially founded by Prince, is but a shadow of its former self and it seems as if the Triple Canopy management has taken over. Last year, Constellis bought Olive Group, making it even larger.

Now, Apollo Global Management LLC, a private equity company, is in negotiations to purchase Constellis in a deal said to be worth up to $1 Billion.