Proteus Enterprises Acquires Ricardo Defense Inc., Leading …
1 day ago · WASHINGTON, Jan. 8, 2025 /PRNewswire/ -- Proteus Enterprises ("Proteus"), a Maryland-based Aerospace, Defense and Government Services holding company, today announced that it acquired Ricardo ...
Proteus Enterprises Acquires Ricardo Defense Inc., Leading …
1 day ago · News provided by Proteus Capital Solutions Jan 08, 2025, 06:00 ET. Share this article. Share ... About Ricardo Defense, Inc. Ricardo Defense, Inc., headquartered in Troy, ...
Ricardo divests Ricardo Defense | 2024 | Press releases | News …
Dec 16, 2024 · Further to the previous announcement, dated 21 October 2024, and consistent with the Group’s strategy, Ricardo is pleased to announce the conditional disposal of the Group's interests in the Ricardo Defense Business to Proteus Enterprises LLC and Gladstone Investment Corporation, via GPD Acquisition Inc. (the "Buyer") for US $85 million (£67 ...
Ricardo plc completes the sale of Ricardo Defense Inc.
Jan 2, 2025 · Ricardo plc (Ricardo Group or the Group) today announces that it has completed the sale of Ricardo Defense to Proteus Enterprises LLC and Gladstone Investment Corporation. The disposal is part of Ricardo’s ongoing transformation programme to reposition its portfolio in line with the shift to environmental and energy-transition solutions .
Gladstone Investment Completes Ricardo Defense Purchase
6 days ago · Christopher Lee, senior managing director of Gladstone Investment, said the publicly traded business development company will work with Proteus and Ricardo Defense President Chet Gryczan to ...
Ricardo Plc announces sale of defense business for $85 million
Dec 16, 2024 · Ricardo Defense is being sold to Proteus and Gladstone for $85 million. This figure is adjusted post-closing on a cash-free, debt-free basis. This sale supports Ricardo’s five-year strategy, helping the company transition to a high-growth, high-margin, and less capital-intensive business.
Gladstone Investment to Purchase DOD Contractor Ricardo Defense
Dec 20, 2024 · Gladstone Investment and Proteus Enterprises have signed a definitive agreement to acquire Michigan-based engineering services and systems integration provider Ricardo Defense. The...
Gladstone Investment Corporation Enters Into Definitive …
Dec 19, 2024 · MCLEAN, VA / ACCESSWIRE / December 19, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) ("Gladstone Investment") announced today that on December 13, 2024, it, along with Proteus Enterprises LLC, signed a definitive agreement to acquire Ricardo Defense, Inc. ("RDI").Final closing is anticipated for December 31, 2024, once all customary ...
Ricardo completes $85mln sale of defence wing to fund takeover
Jan 2, 2025 · Ricardo PLC (LSE:RCDO) has completed the US$85 million (£67.5 million) sale of its defence business to fund a takeover of Australian infrastructure firm E3 Advisory. Engineering and manufacturing firm Ricardo Defense had been taken over Proteus Enterprises and Gladstone Investment on a debt-free basis, a Thursday statement said.
Proteus Enterprises buys Ricardo Defense | InsideDefense.com
Proteus Enterprises buys Ricardo Defense. By John Liang / January 8, 2025 at 11:19 AM Tweet; ... Ricardo Defense's experienced leadership team has grown the company significantly to date by developing new capabilities and customer relationships, including the ABS/ESC system for the humvee. ... The INSIDER is a daily news digest from Inside ...
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