Market Exclusive

VECTRUS, INC. (NYSE:VEC) Files An 8-K Completion of Acquisition or Disposition of Assets

VECTRUS, INC. (NYSE:VEC) Files An 8-K Completion of Acquisition or Disposition of Assets
Item 2.01. Completion of Acquisition or Disposition of Assets.

On July 8, 2019, Vectrus Systems Corporation (“VSC”), a wholly-owned subsidiary of Vectrus, Inc. (“Vectrus”), completed the purchase (the “Acquisition”) of all of the issued and outstanding stock of Advantor Systems Corporation, a Florida corporation (“Advantor Systems”), and all of the issued and outstanding units of Advantor Systems, LLC, a Delaware limited liability company (“Advantor” and, collectively with Advantor Systems, the “Acquired Companies”), from Infrasafe, Holding, Inc. (f/k/a Infrasafe, Inc.), a Florida corporation (“Infrasafe Holding”), and Infrasafe, LLC (f/ka Advantor Systems, LLC), a Delaware limited liability company (“Infrasafe” and, collectively with Infrasafe Holding, the “Sellers”). VSC paid the Sellers cash consideration of $44 million, subject to customary adjustments at and following the closing.
Item 7.01. Regulation FD Disclosure.
On July 8, 2019 Vectrus issued a press release announcing the Acquisition. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.
The information contained in this Item 7.01 and Exhibit 99.1 of this Current Report on Form 8-K is furnished to Item 7.01 Regulation FD Disclosure and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Vectrus, Inc. Exhibit
EX-99.1 2 shieldpressrelease.htm EXHIBIT 99.1 shieldpressrelease Mike Smith,…
To view the full exhibit click here

About VECTRUS, INC. (NYSE:VEC)

Vectrus, Inc. is a provider of services to the United States Government across the world. The Company offers services, including infrastructure asset management, logistics and supply chain management, and information technology and network communication. Its infrastructure asset management services support the United States Army, Air Force and Navy, and include infrastructure services, security, warehouse management and distribution, ammunition management, civil engineering, air base maintenance and operations, communications, emergency services, transportation, and life support activities at various global military installations. Its logistics and supply chain management services support and maintain the vehicle and equipment stocks of the United States Army and Marine Corps. Its information technology and network communication services consist of sustainment of communications systems, network security, systems installation and life cycle management of information technology systems.

Exit mobile version