Arlington Capital Partners to sell Centauri to KBR for USD827m

Arlington Capital Partners (Arlington Capital), a Washington DC-based private equity firm, is to sell Centauri to KBR for USD827 million. 

Centauri is an independent provider of space, directed energy, and other advanced technology solutions to the United States Intelligence Community and Department of Defense. Centauri is headquartered in Chantilly, Virginia with 22 offices strategically positioned within the United States and employs more than 1,750, half of whom have advanced degrees.

David Wodlinger, a Partner at Arlington Capital, says: "During our partnership, Centauri achieved dramatic growth and, through unique subject matter expertise along with aggressive investments in technology, solidified its role as a strategic asset to the national security community. Centauri was purpose-built to solve the most complicated space and directed energy challenges faced by our country, a strategy that will only be enhanced by KBR's scale, strong management team and shared focus on quality and culture."
David Dzaran, CEO of Centauri, says: "Arlington's bold vision for Centauri's future is what led us to partner with them, and it is fulfilling to have seen that strategy realised. Our partnership with Arlington has produced outstanding growth for Centauri and we are equally as excited for the next chapter with KBR, where our combined capabilities will allow us to advance our solutions to the next level."
"KBR's acquisition of Centauri furthers the company's mission to becoming a highly technical, mission focused organisation and expands KBR into exciting new and adjacent vectors," adds Stuart Bradie, President and CEO of KBR, Inc. "The addition of Centauri makes KBR a leader in end-to-end military, intelligence and commercial space solutions by increasing scale and adding complementary expertise and space domain awareness to our strong space system design, development, test, launch and operations. We are excited for the future and the opportunities ahead with Centauri on our team."
Ben Ramundo, Vice President at Arlington Capital, says: "Centauri's world-renowned technical talent, specialised mission expertise and advanced R&D labs are a powerful combination that underlies its enduring market advantage. With continued investment behind those strengths as a result of joining KBR, Centauri's brightest days are still ahead."
Jefferies, LLC is serving as exclusive financial advisor to Centauri and Holland & Knight is serving as legal advisor in connection with the transaction.