M&A Deal Summary

Belcan Acquires CDI - Aerospace & Industrial Equipment Business

On December 12, 2017, Belcan acquired staffing company CDI - Aerospace & Industrial Equipment Business from CDI Engineering Solutions

Acquisition Highlights
  • This is Belcan’s 1st transaction in the Staffing sector.
  • This is Belcan’s 4th transaction in the United States.
  • This is Belcan’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2017-12-12
Target CDI - Aerospace & Industrial Equipment Business
Sector Staffing
Buyer(s) Belcan
Sellers(s) CDI Engineering Solutions
Deal Type Divestiture

Target

CDI - Aerospace & Industrial Equipment Business

Philadelphia, Pennsylvania, United States
CDI Corp. - Aerospace Assets deliver engineering and recruitment solutions for a broad range of aerospace platforms, from large commercial aircraft to the military’s most advanced rotorcraft, fighter jets, missiles, and unmanned systems. Services include mechanical and electrical systems design, drafting, engineering analysis, software design and verification, validation and testing, technical support, advanced engineering analysis, safety-critical embedded systems, test and validation support, tooling design and development, and contract and full-time staffing services for key OEMs across the United States and Canada.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Belcan

Cincinnati, Ohio, United States

Category Company
Founded 1958
Sector Staffing
DESCRIPTION

Belcan is a provider of engineering project management and technical staffing solutions to a diverse spectrum of industries. Belcan was founded in 1958 and is based in Cincinnati, Ohio.


DEAL STATS #
Overall 6 of 16
Sector: Staffing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 3
State: Pennsylvania M&A 1 of 1
Country: United States M&A 4 of 11
Year: 2017 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-06 Schafer

Arlington, Virginia, United States

Schafer Corp. is a provider of scientific, advanced engineering, and technical services and products applied to defeating critical national security threats. Schafer design, integrate, maintain, and upgraded state-of-the-art systems and programs for the military, intelligence community, Department of Homeland Security, and others. Schafer was established in 1972 and is based in Arlington, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-14 Allegiant International

Indianapolis, Indiana, United States

Allegiant International LLC is a professional services network with more than 750 professionals in three lines of service: advisory, tactical operations, and technical services. Allegiant offers the capabilities of a top multinational advisory and consultancy firm, the tactical resources of a best-in-class specialty service enterprise, and the efficiency advantages of a business process outsourcing partner.

Buy -

Seller(S) 1

SELLER

CDI Engineering Solutions

Houston, Texas, United States

Category Company
Founded 1950
Sector Staffing
Revenue 985M USD (2015)
DESCRIPTION

CDI Engineering Solutions is a provider of engineering, design, architecture and project support services to the energy, chemicals and infrastructure markets. CDI’s proven project management capabilities and a deep team of experts enable them to deliver the most complex and challenging projects, safely, on time and on budget. CDI Engineering Solutions was founded in 1950 and is based in Houston, Texas.


DEAL STATS #
Overall 2 of 4
Sector: Staffing M&A 2 of 4
Type: Divestiture M&A Deals 2 of 3
State: Pennsylvania M&A 1 of 3
Country: United States M&A 2 of 4
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-06 EdgeRock Technologies

Boston, Massachusetts, United States

EdgeRock Technologies LLC provides clients with crucial Enterprise Resource Planning (ERP) talent needed to fully optimize the value of their ERP technology investments.

Buy $31M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-02 CDI - Talent & Technology Solutions Business

Philadelphia, Pennsylvania, United States

CDI's TTS business unit is comprised of a team of approximately 2,500 professionals that deliver IT and engineering talent sourcing services and technology solutions to clients across North America.

Sell -