Reston, Va., June 23, 2017 (GLOBE NEWSWIRE) -- Constellis, a leading provider of operational support and risk management services, announced today that it has acquired American K9 Detection Services, LLC (“AMK9”). The acquisition of AMK9, a leader in K-9 security services, sales and training around the world, significantly enhances Constellis’ capability to train and deploy K-9 teams globally.
As part of the transaction, ITC Capital Partners, AMK9’s former owner, has exited its stake in AMK9. Terms of the deal were not disclosed. Constellis financed the acquisition with incremental 1st lien term loan borrowings under Constellis’ existing credit facility.
The transaction brings together the leader in K-9 detection services with one of the industry’s premier safety and risk management providers serving a broad range of customers, including U.S. government agencies (notably the U.S. Department of State, the U.S. Department of Defense and the U.S. Department of Energy), foreign governments, NGOs and a diverse mix of blue-chip commercial entities. Additionally, the deal furthers Constellis’ ongoing strategies to diversify its service lines and to vertically integrate. Constellis will be able to leverage the combined entity’s scale, training facilities, shared best practices and financial resources to continue to offer its customer base competitive pricing while utilizing the industry’s most revered compliance programs.
Headquartered in West Point, Georgia, AMK9 has more than 300 employees operating across the U.S., the Middle East and Africa. AMK9 has an established track record of providing Contract Working Dog (CWD) teams to protect federal facilities, personnel and assets, having worked with the U.S. military to develop and implement industry standards for CWD teams. The company offers turn-key program management solutions to supplement government agencies and multi-national corporations in high-risk environments across the globe.
“AMK9’s well-respected brand and exceptional past performance bring tremendous value to our combined offering,” said Jason DeYonker, Chief Executive Officer of Constellis. “The acquisition of AMK9 allows us to diversify our training service line while also enhancing our ability to provide our customers with the best full-service solution at a competitive price.”
This press release includes forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict and many of which are outside the control of the Company. Therefore, actual results may differ materially and adversely, in terms of quantum and timing, from those expressed in any forward-looking statements. The Company undertakes no obligation to revise or update any forward-looking statements for any reason except as may be required by law.
Constellis is the leading provider of risk management, humanitarian, technology and operational support services to government and commercial clients worldwide. From life support, procurement, operations and maintenance to training, UAV systems, global tracking technology and crisis response mitigation, we help our clients secure success, no matter their location. Committed to upholding the highest standards of compliance, quality and integrity, Constellis leverages its highly skilled employees’ dedication and passion for creating a safer world. With diverse and knowledgeable capabilities that includes state-of-the-art training facilities and a global network of business partners, we quickly deliver tailored, cost-effective and innovative services to our clients. Constellis employs more than 17,000 personnel in approximately 40 countries, spanning five continents, in the most challenging environments around the world. For more information, visit www.constellis.com.
AMK9 has become the world-class leader in K-9 security services, sales, and training, offering industry-intelligent expertise for law enforcement, government agencies, commercial customers, K-9 training, and the latest in K-9 science and technology. AMK9 is committed to the most humane operating policies, while offering the best in K-9 security in a world that demands effective and flexible solutions. The company selects, trains, and deploys the best working dogs, while also offering first-class handler courses, and specialized K-9 Security Teams. The company also offers K-9 utilization and integration training and management programs, which are custom tailored and designed specifically for security organizations and agencies that would like to incorporate a K-9 detection component into their existing structure. Based on its tried and true methods for operational expertise, AMK9 provides the guidance necessary to effectively incorporate K-9 detection and maximize security potential. The company was founded in 2003 and developed and implemented military standard and certification processes for contracted K-9 teams in 2005. For more information, visit www.amk9.com.
Constellis is a portfolio company of certain funds managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”), a leading global alternative investment manager with offices in New York, Los Angeles, Houston, Chicago, St. Louis, Bethesda, Toronto, London, Frankfurt, Madrid, Luxembourg, Mumbai, Delhi, Singapore, Hong Kong and Shanghai. Apollo had assets under management of approximately $197 billion as of March 31, 2017 in private equity, credit and real estate funds invested across a core group of nine industries where Apollo has considerable knowledge and resources. For more information about Apollo, please visit www.agm.com.
About ITC Capital Partners
ITC Capital Partners, LLC is a privately held, entrepreneurial investment firm that was formed based upon the successful investment history of the ITC Holding Company, LLC, which was founded in 1896. ITC Capital Partners, LLC invests in entrepreneurs whose ideas and values are consistent with those of our founders. For more information, please visit www.itccap.com.
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Katy Pultz Constellis 7036735154 email@example.com