M&A Deal Summary

Versar Acquires Johnson Controls Security Systems

On September 9, 2015, Versar acquired information technology company Johnson Controls Security Systems from Johnson Controls for 20M USD

Acquisition Highlights
  • This is Versar’s 1st transaction in the Information Technology sector.
  • This is Versar’s largest (disclosed) transaction.
  • This is Versar’s 2nd transaction in the United States.
  • This is Versar’s 1st transaction in Maryland.

M&A Deal Summary

Date 2015-09-09
Target Johnson Controls Security Systems
Sector Information Technology
Buyer(s) Versar
Sellers(s) Johnson Controls
Deal Type Divestiture
Deal Value 20M USD

Target

Johnson Controls Security Systems

Gaithersburg, Maryland, United States
Johnson Controls Security Systems LLC is a CAS-compliant security systems integrator serving federal clients by designing, installing and supporting complex physical security, network security, and facilities management systems.

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Buyer(S) 1

Buyer

Versar

Springfield, Virginia, United States

website


Category Company
Founded 1969
Sector Business Services
Revenue 159M USD (2015)
DESCRIPTION

Versar is a project management company providing sustainable value-oriented solutions to government and commercial clients in the construction management, environmental services, and professional services market areas. Versar was founded in 1969 and is based in Springfield, Virginia.


DEAL STATS #
Overall 2 of 5
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 3
State (Maryland) 1 of 1
Country (United States) 2 of 5
Year (2015) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-01 J.M. Waller Associates

Fairfax, Virginia, United States

J.M. Waller Associates, Inc. provides environmental, facilities, professional staffing, and logistics consulting services in support of a wide range of government, industry, and commercial clients. J.M. Waller Associates was founded in 1990 and is based in Fairfax, Virginia.

Buy $13M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-02 BayFirst

Washington, District of Columbia, United States

BayFirst is a management and engineering firm specializing in national security and defense, helping government clients implement programs that protect public safety and enhance homeland security initiatives. BayFirst was founded in 2002 and is based in Washington, District of Columbia.

Buy -

Seller(S) 1

SELLER

Johnson Controls

Cork, Ireland

website


Category Company
Founded 1885
Sector Diversified
Employees102,000
Revenue 25.3B USD (2022)
DESCRIPTION
Johnson Controls' operational headquarters in Milwaukee, Wisconsin.
Johnson Controls' operational headquarters in Milwaukee, Wisconsin.

Johnson Controls is a diversified technology and industrial company. The Company creates products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and seating and interior systems for automobiles. Johnson Controls was founded in 1885 and is based in Cork, Ireland.


DEAL STATS #
Overall 8 of 15
Sector (Information Technology) 1 of 2
Type (Divestiture) 6 of 13
State (Maryland) 1 of 1
Country (United States) 7 of 12
Year (2015) 2 of 3
Size (of disclosed) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-01 Johnson Controls - Global WorkPlace Solutions

Wisconsin, United States

Johnson Controls, Inc. - Global WorkPlace Solutions is a provider of Integrated Facilities Management solutions for major occupiers of commercial real estate and has significant operations around the world.

Sell $1.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-30 Resolute Industrial

Indianapolis, Indiana, United States

Resolute Industrial is an independent provider of specialty HVAC&R rental services, compressor remanufacturing, and refrigerant storage solutions for mission critical applications across North America. Resolute Industrial was founded in 2015 and is based in Indianapolis, Indiana.

Sell -