08/19/2020

Holland & Hart Advises Ascent Vision Technologies in its Acquisition by CACI International

Holland & Hart represented Ascent Vision Technologies, LLC (AVT) in its acquisition by CACI International Inc. (NYSE: CACI), a professional services and information technology company that serves multiple branches of the U.S. federal government, including defense, homeland security, and intelligence, as well as other customers from locations in the U.S. and abroad. AVT is a leading provider of technology and solutions that support multi-domain intelligence, surveillance, and reconnaissance (ISR); air defense; and counter-unmanned aircraft systems (c-UAS) operations for the defense and aerospace industry. The transaction purchase price was approximately $350 million.

The combining of AVT’s electro-optical/infra-red (EO/IR) and eXpeditionary Mobile Air Defense Integrated System (X-MADIS) technologies with CACI’s signals intelligence, electronic warfare, and CORIAN capabilities will deliver continued differentiation to customers. The acquisition of AVT also adds the U.S. Air Force and Marine Corps, as well as certain international customers, to CACI’s customer base.

Holland & Hart’s transaction team was led by Reno-based partner David Garcia and included transactional attorneys Todd Criger, Daniel Free, and Elliot Weiss, with subject matter expertise from Adam Cohen, Sanna Deerrose, Ben Gibbons, Gwen Green, Shaun Kennedy, Dora Lane, Mark Langer, Beth Nedrow, Jim Newman, Steve Pelak, Lindsay Silber, Cory Talbot, Trent Timmons, Becky Achten, Lori Argall, and Sara Shelly.

For more information, please see AVT’s press release.

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