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Belcan To Acquire Engineering Services Firm Schafer

Cal Biesecker By
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Belcan To Acquire Engineering Services Firm Schafer
Schafer Corporation provides technical expertise in a wide range of areas, including missile defense. Photo: Schafer

Belcan, LLC, on Thursday said it has agreed to acquire Schafer Corporation, part of a strategy to expand its engineering and information technology capabilities in its government business.Terms of the deal, which is expected to close in the second quarter of 2017, were not disclosed. Belcan is a portfolio company of AE Industrial Partners and Schafer is owned by the private equity firm Metalmark Capital Partners.Schafer, which is based in Northern Virginia, provides scientific, engineering and technical services to a…

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