Leidos to acquire ENTRUST, bolstering its energy infrastructure portfolio
Leidos has signed a definitive agreement to acquire ENTRUST Solutions Group from Kohlberg for approximately $2.4 billion, accelerating Leidos’ position as a leading engineering solutions provider for utilities nationwide. The acquisition will add new capabilities and effectively double the size of Leidos’ $600 million energy infrastructure engineering business, which has grown on average at double-digit […]
Cemtrex completes acquisition of Richland Industries
Cemtrex, Inc. announced that its Advanced Industrial Services (AIS) subsidiary has acquired all the assets of Richland Industries, an industrial services and fabrication company located in Tennessee. In connection with the transaction, AIS established a new subsidiary, AIS Tennessee to acquire and operate the business and its primary facility. The acquisition extends the company’s industrial […]