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Hogan Lovells Advises KBR, Inc. in its Acquisition of Government Services Provider Wyle Inc.

27 May 2016

NORTHERN VIRGINIA, 26 May 2016 – Hogan Lovells advised KBR, Inc., a global technology, engineering, procurement and construction company serving the hydrocarbons and government services industries, in its $US600 million acquisition of Wyle Inc., a leading provider of specialized engineering and other services primarily to the U.S. government. 

Together the two companies will provide full service capabilities for aerospace and defense programs, from research and development, test and evaluation, to operations, maintenance and field logistics. 

The combination of KBR and Wyle will create the equivalent of a global two billion dollar government services organization.

The transaction price to KBR is US$570 million, after adjustments for approximately $30 million dollars of acquired tax benefits. The deal is expected to close in the third quarter of 2016.

The Hogan Lovells deal team advising KBR on the transaction was led by M&A partner Carine Stoick, with assistance from M&A partner Richard Horan and partners Michael Mason, Christine Lane, Scott Reisch, Stephen Propst, Cullen Taylor and Carin Carithers.

About Hogan Lovells’ Corporate Practice

With 286 partners and more than 1,000 lawyers worldwide operating throughout Asia, Europe, Latin America, the Middle East, and the United States, Hogan Lovells’ Corporate practice provides exceptional, high-quality trans-Atlantic transactional strength and strong local capabilities and is ideally placed to advise on complex deals in highly regulated sectors, working at the intersection between government and business. We regularly advise on the most significant, complex, and sophisticated global M&A transactions, ranking 9th worldwide in 2015 (Bloomberg).  

About Hogan Lovells

Hogan Lovells is a leading global legal practice providing business-oriented legal advice and high-quality service across its exceptional breadth of practices to clients around the world.

“Hogan Lovells” or the “firm” is an international legal practice that includes Hogan Lovells US LLP and Hogan Lovells International LLP. For more information, see www.hoganlovells.com.

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CONTACT

Robert Snoddy

Public Relations Manager 

+1 202 637 6826 

robert.snoddy@hoganlovells.com

 
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