News

Arnold & Porter Advises Amentum on $1.9 Billion Acquisition of PAE

October 28, 2021

Arnold & Porter advised leading government services contractor Amentum Government Services Holdings LLC (“Amentum”) on the government contracts, national security and export control issues related to its recently announced acquisition of PAE Incorporated (“PAE”). The all-cash transaction for all outstanding shares of common stock of PAE is valued at approximately $1.9 billion, including the assumption of debt and certain fees. The transaction is expected to close by the end of the first quarter 2022.

The Arnold & Porter team was led by partner Steven Diamond and included partner Michael McGill; counsel Nancy Perkins; and associates Tom McSorley, Tom Pettit, and Anna Dykema.

Buying or selling a US Government contractor involves numerous complicated government contracts legal issues, including novation of contracts, foreign ownership and control, handling of classified contracts, due diligence on unique agreements, and more. M&A teams turn to Arnold & Porter’s leading government contracts, national security and export control practice, which has more than 30 years of experience in this field.

Arnold & Porter has in-depth sector knowledge of the aerospace, defense and national security industries. With a seasoned team of industry-leading professionals, including former government agency GCs, legal advisors, regulators, enforcers, and senior agency leaders, Arnold & Porter understands unique business and legal challenges clients face when dealing with regulatory, transactional and litigation matters.

People

Mike McGill
Michael McGill
Partner
Washington, DC
Tom McSorley
Tom McSorley
Senior Associate
Washington, DC
Thomas Pettit
Thomas A. Pettit
Associate
Washington, DC
Anna Dykema
Anna Dykema
Associate
Washington, DC

Email Disclaimer