WASHINGTON, Jan. 8, 2025 /PRNewswire/ -- Proteus Enterprises ("Proteus"), a Maryland-based Aerospace, Defense and Government Services holding company, today announced that it acquired Ricardo ...

Gladstone Investment has completed its acquisition of Ricardo Defense, adding the latter to its growing portfolio of businesses. The private equity fund said Thursday it funded the transaction ...

Ricardo plc has completed the sale of Ricardo Defense Inc. to Proteus Enterprises LLC and Gladstone Investment Corporation for $85 million. This strategic move allows Ricardo to focus on its core ...

Ricardo said it agreed to the sale of its defense business for $85 million and that it will use the funds to acquire an initial stake in E3 Advisory. The London-listed strategic engineering and ...

Gladstone Investment (NASDAQ:GAIN), along with Proteus Enterprises, agreed to acquire Ricardo Defense, an engineering services and systems integration firm focused on fleet management, the ...

In accordance with the terms of the sale agreement entered into between both parties, the transaction has been successfully concluded for a cash consideration of $85 million (£67.5million) on a ...

Highlights · Sale of Ricardo Defense to Proteus and Gladstone, via GPD Acquisition Inc, for $85 million (£67.5 million) as adjusted post-Closing on a cash-free, debt-free basis · Highly ...