Date: June 26, 2014
Aronson Capital Partners(ACP) recently announced the acquisition of its client, Ventura Solutions, Inc. by The Boeing Company [NYSE: BA]. Based in Annapolis Junction, Maryland, Ventura Solutions will help Boeing further expand its information and security capabilities.
When asked to comment on the transaction, ACP partner Philip McMann said, “The level of interest we generated from the largest strategic buyers was a reflection of Ventura Solutions’ unique mission-centric engineering solutions and strategic prime contracts for government customers.”
Ventura Solutions’ approximately 140 employees deliver advanced software and hardware engineering solutions. As part of the deal, Ventura Solutions will become a part of the Boeing Network & Space Systems business within Boeing Defense, Space & Security.
A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world’s largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world’s largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space & Security is a $33 billion business with 58,000 employees worldwide.