Janus Global Operations, a provider of stability operations services, has been acquired by DC Capital Partners.
“Stability operations” is a military term that is used to describe efforts to establish or re-establish order in a fragile state. The goal of stability operations is to maintain or reestablish public order and safety of the civilian population.
Janus Global Operations (Janus) is a provider of stability operations services including munitions response; demining; intelligence support; logistics; life support; risk management; and communications. Customers of the company include oil and gas, government and public service, commercial and industrial, mining, and port and maritime organizations worldwide.
Janus was formerly known as Sterling Global Operations and rebranded into Janus Global Operations following the acquisitions in 2016 of several risk management and security companies including Janus Security International, SNE Special Projects and Tundra Security Afghanistan. The company was founded in 1987 and is led by CEO Matt Kaye. Janus is headquartered in Lenoir City, TN (near Knoxville) with office locations in North America, Europe, Africa, and the Middle East (www.janusgo.com).
“Janus is a globally recognized leader in munitions remediation and stability operations,” said Thomas Campbell, Founder and Managing Partner of DC Capital. “The company possesses all of the characteristics we seek in our investments: they are extremely well regarded by their customers, have a highly trained and experienced workforce that provides mission-critical services, and they operate with the highest ethical standards.”
Recently, Janus has been spotlighted by ABC News and PBS for its work clearing improvised explosive devices, landmines, and other explosive hazards ISIS left behind as it was expelled from Ramadi and Mosul, Iraq. Janus’s work in Iraq has allowed more than one million displaced persons to return to their homes. As part of its integrated stability operations portfolio of capabilities, Janus is the world’s largest commercial munitions remediation company.
“What Janus has accomplished to this point is extremely impressive,” added Mr. Campbell. “DC Capital’s acquisition of Janus will provide the company with additional resources and the opportunity to collaborate with our other DC Capital portfolio companies, to expand services to clients and provide a full continuum of capabilities. Janus’s current management team will continue to lead the company.”
DC Capital makes control investments in middle market, US-based companies that are active in the following government-related sectors: intelligence, information technology, security, operations and maintenance, and engineering and construction. DC Capital closed its first institutionally-backed private equity fund, DC Capital Partners Fund II LP, at the hard cap of $450 million in May 2017. The firm was founded by its Managing Partner Thomas Campbell and is headquartered in Alexandria, VA (www.dccapitalpartners.com).
“Having the best people is the key to the success of any company and we have been extremely impressed by the people at Janus,” said Mr. Campbell. “Janus professionals safeguard American military service members and US government facilities around the world, ensure commercial clients can accomplish their goals in remote, austere locations, and, perhaps most importantly, improve peoples’ lives by removing from their communities the dangers posed by remnants of war. We are proud to welcome Janus to the DC Capital portfolio.”
Investment bank Sagent Advisors (www.sagentadvisors.com) was the exclusive financial advisor to Janus on this transaction.
© 2017 Private Equity Professional | December 19, 2017