Deal Details

V2X Completes $96.0 Million Follow-On Offering

Industrial
Technology & Services

V2X follow-on offering

Summary

V2X, Inc. (“V2X” or the “Company”) (NYSE: VVX), a portfolio company of American Industrial Partners (“AIP” or the “Selling Stockholder”), recently completed a secondary public offering of V2X’s common stock (the “Offering”). The aggregate size of the Offering was 2,000,000 shares of common stock at a price of $48.00 per share. The Selling Stockholder has also granted the underwriters a 30-day option to purchase up to 300,000 additional shares of common stock from the Selling Stockholder. V2X is not selling any shares of common stock in the Offering and V2X will not receive any proceeds from the Offering by the Selling Stockholder.

Baird served as an active bookrunner on the Offering.

About

V2X is a leading provider of global mission solutions to U.S. defense customers and other federal agencies and international clients. The Company delivers full lifecycle capabilities that include platform modernization; high impact readiness; global resource management; maintenance, modification, repair and overhaul; assured communication and mission solutions. V2X is headquartered in McLean, Virginia.

AIP is an operationally-oriented middle market private equity firm that is distinctively focused on buying and improving industrial businesses with operations in the U.S., Canada, and other developed markets. The AIP team has deep roots in the industrial economy and has been active in private equity investing across multiple economic cycles. AIP has completed over 125 platform and add-on acquisitions and invests in all forms of corporate divestitures, management buyouts, recapitalizations, and going-private transactions of established businesses with sales greater than $500 million. AIP is headquartered in New York, New York.

Industrial
Technology & Services

V2X follow-on offering