Configure played an instrumental role in the acquisition by helping us secure financing while navigating several complexities throughout this transaction.
Configure Partners Advises Kingswood Capital-Backed Versar in Securing Financing for Acquisition of Louis Berger Services
Atlanta, GA — Configure Partners, an investment banking platform specializing in debt placement and credit resolution services, announced today that it served as the exclusive financing advisor to Versar, Inc. (“Versar”), a portfolio company of Kingswood Capital Management (“Kingswood”), assisting in securing committed debt capital to support a refinancing of existing debt along with the acquisition of Louis Berger Services, Inc. (“LBS”) from WSP Global.
Versar is a global engineering, environmental, and security services company delivering high-value solutions to vital programs in the natural, built, and digital environments. LBS is a contractor that specializes in complementary operations and maintenance services for complex infrastructure assets at mission-critical defense and civilian facilities worldwide.
Configure supported all aspects of the financing process, including lender screening, approach to market, transaction structuring, and negotiation of the agreements. Configure is proud to support Kingswood through multiple platform endeavors over the past three years.
“We are excited to have completed the acquisition of LBS and believe the combination is a clear strategic fit and complements Versar’s core offerings well,” said Kingswood Partner Alex Wolf. “Configure played an instrumental role in the acquisition by helping us secure financing while navigating several complexities throughout this transaction.”
“We were thrilled to have the opportunity to work with the Versar and Kingswood teams on a successful transaction,” commented Configure Vice President Uj Rai. “We look forward to seeing them expand upon their already stellar track record of success and watching the combined platform grow.”
Kingswood Capital Management, LP
Kingswood Capital Management, LP is a private investment firm primarily focused on investing in businesses in transition. In addition to access to capital, Kingswood brings relevant industry relationships and a broad network of internal and external operating resources that can strengthen the businesses it partners with and enhance value. Kingswood has extensive experience with complex transactions where it provides tailored solutions that ensure the best outcome for all constituents.
Versar, Inc. is a global engineering, environmental, and security services company delivering high-value solutions to vital programs in the natural, built, and digital environments. Versar is headquartered in Washington, D.C., and has three operating segments: Environment and Sustainability, National Security, and Installation Management and Support Services.
Louis Berger Services, Inc.
LBS specializes in operation and maintenance services at large, mission-essential defense installations and civilian facilities worldwide. As a trusted partner to federal government agencies, LBS provides expertise in aerial port operations, contingency logistics and ground support services, turnkey power and fueling solutions, as well as heavy vehicle maintenance for defense and security customers. LBS also provides industry-leading transportation asset maintenance services to state and local customers across the United States. It is our mission and an honor to help clients solve their most complex challenges.
Configure Partners is a preeminent credit-oriented boutique investment bank headquartered in Atlanta. The firm specializes in specializes in debt placement, credit resolution, special situations, and M&A advisory, providing superior client service and execution to middle-market private equity sponsors in acquisition finance, refinancing, and dividend recapitalization transactions. The firm’s credit resolution and special situations practice has become the trusted advisor for stakeholders confronting capital structure challenges. Our people-driven team of bankers differentiates through real-time knowledge of the debt capital markets and becomes a true extension of our client’s teams, delivering unmatched results and an exceptional client experience.
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