Situation
BlackArch was retained by founder Erik Prince to advise on the sale of the company.
BlackArch’s Customized Solution
BlackArch conducted a targeted marketing process in which a broad range of potential financial and strategic investors contacted reviewed the marketing materials. The BlackArch team successfully highlighted the government’s ongoing need for private contractors and Xe’s ability to coordinate mission-critical operations in challenging environments. BlackArch hosted multiple management meetings and received interest from financial and strategic buyers.
Outcome
Xe Services was acquired by Forté Capital Advisors and Manhattan Partners.
Industries:
Aerospace & Defense
Location:
Moyock, NC
Transaction type:
Sellside Advisory