(Reuters) - Constellis Holdings LLC, the owner of the U.S. military security services business formerly known as Blackwater, is exploring a sale it hopes will value the company at as much as $1. A contract WSI would hold on and off for 50 years. Constellis was formed in 2010 to combine best-in-class brands, assets and people within the complex risk management industry. Blackwater guns-for-hire killed 17 unarmed Iraqi civilians in Baghdad's Nissour Square. Charleston became the first city in the United States to have a choice of long-distance companies. Olive Group acquires Kenyan firm Newport Africa Ltd. to be better placed to take advantage of the security contracts in the East African oil and gas search sector. They renamed the business ACADEMI. Triple Canopy wins State Department contract providing the mobile security services for US Embassy in Baghdad, Iraq. All quotes delayed a minimum of 15 minutes. Constellis Holdings LLC, a security contractor backed by Apollo Global Management Inc., is in talks with creditors on a deal to restructure its $1 billion of debt, according to people with . Rosebud itself, in other mining operations, has had 26 . 2020 CBS Interactive Inc. All Rights Reserved. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Constellis Holdings LLC operates as a holding company. Dial service was first introduced by C&P of West Virginia in 1925 . One-on-one help, bundled discounts and technology for industries required to appoint a "designated agent" for service of process. What Could Elon Musk Possibly Be Thinking? AP VIII Eagle LM5 Holdings LP, investment vehicle, UP 2016: Constellis Holdings LLC, reg. Rely on COGENCY GLOBAL when you need real property searches for transactions that dont require title insurance. Constellis Holdings Inc., brings together Triple Canopy, Constellis Ltd., Strategic Social, Tidewater Global Services, National Strategic Protective Services, ACADEMI Training Center and International Development Solutions. WSI wins its first fire and emergency services contract with NASA Kennedy Space Center. "This combination of companies shares our core values of integrity and transparency, ensuring our clients of our ongoing dedication to oversight and good governance through our award-winning compliance practices," said former U.S. Attorney General and current Board member John Ashcroft. TikTok is owned by ByteDance, a private company headquartered in Beijing. A worldwide network to retrieve the due diligence documents you need for international transactions. Today, Constellis is the largest and most diverse non-financial risk management company in the United States, offering turn-key solutions to address our customers most complex challenges wherever we are needed around the world. Website, Website.arch, LifeLine Response, a smartphone app, is developed by Clandestine Development LLC. Hands-on help for research, preparation, review and filing, without the hassle. News of the Apollo-Constellis negotiations was first reported on August 5 by Reuters, which said a deal could be worth at least $1 billion including debt. The Company, through its subsidiaries, provides security services such as risk and threat assessment, threat protection, situational awareness, medical, and integrated solutions, as well as offers training services. Constellis wins 2020 Military Friendly Employer. Constellis in Action. TWC becomes largest US-owned security company and first publicly listed security company on the New York Stock Exchange. Triple Canopy moved its corporate office to Reston, Virginia "to accommodate our continuing expansion and diversification". Blackwater Used More Than 30 Front Companies to Obtain Government Contracts. NEW YORK, June 6, 2014 /PRNewswire/ -- Constellis Holdings, Inc. has agreed to acquire Constellis Group, Inc., a leading provider of security, support and advisory services to government . To our customers, we assure you that we will protect your reputation by being a responsible business partner. Please enter valid email address to continue. Standard & Poor's also warned last week that Constellis's problems could push the company into bankruptcy. Website.arch, Centerra's Nuclear Security Protection Program is responsible for safeguarding the US Federal Govt's most critical assets and facilities, including the Department of Energy, National Nuclear Security Administration, National Aeronautical and Space Administration and other National strategic assets and resources. Olive Group acquired Kenyan firm Newport Africa Ltd, to be better placed to take advantage of the security contracts in the East African oil and gas search sector. We also support a number of global initiatives including the International Code of Conduct for Private Security Companies, the United Nations Global Compact and Voluntary Principles on Security and Human Rights. 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Triple Canopy CEO Ignacio Balderas speaks at the signatory ceremony for the Code in Geneva, Switzerland where the company is one of nearly 50 security organizations participating in the event. Dec.2012-May.2013: Completely disappeared from the web. Constellis is named to MTIs 2016 Top Simulation and Training Companies. The Constellis brand is a symbol that we exist to serve our customers helping them navigate diverse environments and guiding them to success, no matter where they are in the world. AT&T announced on December 17, 2013 that it plans to sell Southern New England Telephone to Frontier Communications. Triple Canopyisawarded subcontract to provide security services to US military camps in Kuwait, producing over $1 billion in revenue to date and expanding Triple Canopys operations in the region. Constellis completes successful financial restructure through de-leveraging and recapitalization. Our highly trained, impact-driven professionals navigate our customers through diverse environments and guide them to success. Powered and implemented by FactSet. Description. ref. Nuclear Security Protection and Critical Infrastructure, Facilities Operations and Maintenance (O&M). Constellis operates in approximately 40 countries, spanning five continents with regional offices in Africa, the Americas, Europe and the Middle East. Over the years since, our global team of industry leaders has grown to include ACADEMI, AMK9, Centerra, Edinburgh International, Gregg Protection Services, Olive Group, OMNIPLEX, Strategic Social and Triple Canopy. Two Olive Group teams receive Silver Award from customer, BP, for contributions and continued exemplary support to the BP Rumaila Operation Organizations security mission within the Rumaila concession area and oil field of southern Iraq. Operating under the oversight of a distinguished Board and an experienced management team, the combination of these companies will enable a significant expansion of services within the global security market, delivering mission support, integrated security solutions, training and advisory services at home and abroad. Erik Prince Addresses His Role With We Build The Wall & The Arrest Of Steve Bannon. The company, which has piled on debt over the past decade and now has liabilities of more than $1 billion, missed a debt payment on December 31, putting it in default, according to both Moody's and credit rater Standard & Poor's. (Reuters) - Private equity firm Apollo Global Management LLC APO.N is in discussions to buy Constellis Holdings LLC, the owner of the U.S. military security services business formerly known as Blackwater, a spokeswoman for Constellis said on Friday. Forte Capital Advisors LLC and Manhattan Strategic Ventures LLC, the investment firms that own Constellis, are seeking to sell it at a profit, and have hired BDT & Co, the advisory firm headed by former Goldman Sachs Group Inc GS.N investment banker Byron Trott, to run an auction for the company, the people said. Constellis wins 2017 Military Friendly Employer. Four Blackwater contractors were found guilty of murder for the shootings, but three were later acquitted of the charges. The status of its contract with the embassy in Iraq hasn't changed, according to a person close to the company. The last party line was converted to "private line" service on October 30, 1989. National Strategic Protective Services wins a five-year contract to guard US Department of Energy sites. Perfectly timed filing of your corporate formation and expansion documents. Included in the sale was Verizon West Virginia, among other select Verizon landline properties, which became Frontier West Virginia, Inc.[2] The company operates separately from Citizens Telecommunications Company of West Virginia, the existing Frontier provider in the state. Customized case monitoring with automatic document retrieval, frequent updates and thorough research. Contractor working for Triple Canopy sued for negligence. (Podcast). Constellis's financial problems come as investors are growing more optimistic about the prospects of defense contractors amid mounting tensions with Iran. The auction for Constellis comes as U.S. federal procurement reforms have intensified competition among defense service contractors, which have otherwise benefited from continued geopolitical turmoil in Middle East and North Africa. "Constellis plans to continue to operate our business, execute our business strategy and meet our obligations to our stakeholders," a company spokesperson said in a statement to CBS MoneyWatch. The most responsive team in the industry with SEC filing within 24 hours of your request and appointment agreements delivered in advance. Charleston was the nation's first test market for the service, allowing 34,000 customers to choose from one of eight long-distance companies serving the area. When typing in this field, a list of search results will appear and be automatically updated as you type. By Jun.2014, it held the following businesses: Triple Canopy, Strategic Social, Tidewater Global Services, Pontaris, NSPS, Edinburgh International, Constellis Consulting (an Edinburgh International spin-off), and Constellis Services. Legal Statement. Triple Canopy (under Constellis Group) merges with ACADEMI. This was our first DOD contract, and a contract we have held continuously since. Apollo participated in the auction of PAE, another private equity-owned government contractor, which was ultimately purchased by Platinum Equity LLC in March. The company expanded further last year with the acquisition of security company Olive Group. It is managed under two operating groups: the Protective Services Group, and the Investigative Services Group. In 2010, Prince sold the company to investment firms Forte Capital Advisors LLC and Manhattan Strategic Ventures LLC. Board member and Triple Canopy founder Tom Katis reinforces, "This combination will provide our customers with the best possible service at the most competitive price. Expert help for starting a charity, soliciting donations, applying for tax exemption and more. ), Russ Robinson, Jason DeYonker, Dean Bosacki and Triple Canopy co-founder Tom Katis. Ensure your assumed name, trade name, fictitious name or d/b/a is always compliant with state and local laws. Document services and personalized assistance to avoid having your deals be delayed by paperwork. January 2010: Following the 2010 earthquake in Haiti, Triple Canopy provides humanitarian services including rushing aid and supplies to the struggling country. And a Car. Bloomberg Daybreak Middle East. (Podcast). See here for a complete list of exchanges and delays. Team Members. Today, Constellis is the largest and most diverse non-financial risk management company in the United States, offering turn-key solutions to address our customers most complex challenges wherever they are needed around the world. Read more. [1] The application sends alerts to the command portal the moment an incident occurs, identifying details about the user, their location, and the nature of the threat.ref Several govt agencies, large universities and Fortune 500 companies currently use the product.ref Website, Website.arch, National Strategic Protective Services LLC. 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