Serco Group plc (SRP.L) has agreed to acquire Whitney, Bradley & Brown Inc, a provider of advisory, engineering and technical services to the US Military, for $295 million from an affiliate of H.I.G. Capital. Serco expects WBB to be immediately accretive to earnings following completion and to enhance underlying EPS by around 10% in 2022, the first full year of ownership.
WBB focuses in the fields of Acquisition and Programme Management, Systems Design and Engineering, Through-Lifecycle Asset Management and Mission Performance.
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