Gores Holdings III Completes Acquisition of PAE; Combined Company Renamed PAE Incorporated

Amentum Acquires PAE Incorporated

February 15, 2022

Professional Services

Amentum has closed its all-cash acquisition of PAE Incorporated, valued at approximately $1.9 billion including the assumption of debt and certain fees. The combination expands Amentum’s capabilities across synthetic training, sensor-based technologies, intelligence, cyber and IT, space operations, environmental solutions, asset management, and mission support for U.S. federal and allied governments.

Gores Holdings VIII and Footprint Announce Amended Terms for Business Combination

September 6, 2022

Manufacturing

Footprint and Gores Holdings VIII amended the terms of their previously announced definitive merger agreement amid developing market conditions, including revising the combined company’s estimated pro forma enterprise value to $1.0 billion from $1.6 billion. The update provides additional incremental capital sources—including a $300 million standby equity facility available upon closing—targeting approximately $960 million of capital delivered to Footprint for the business combination and future growth.

Gores Guggenheim and Polestar Complete Business Combination

June 23, 2022

Transportation

Polestar and SPAC sponsor Gores Guggenheim completed their previously announced business combination, with the combined company retaining the Polestar name. Polestar began trading on Nasdaq on June 24, 2022 under the ticker symbol “PSNY.”

Sonder Holdings Acquires Gores Metropoulos II via Business Combination

January 18, 2022

Healthcare Services

Sonder Holdings Inc. completed its previously announced business combination with Gores Metropoulos II, Inc., a SPAC sponsored by affiliates of The Gores Group and Metropoulos & Co. Following closing, Sonder became a public company, with its common stock trading on Nasdaq under ticker “SOND.”

PAE Acquires Metis Solutions Corporation for $92M

November 16, 2020

Aerospace & Defense

PAE (NASDAQ: PAE) will acquire Metis Solutions Corporation for approximately $92 million in cash, expanding PAE's intelligence analysis, training and program management capabilities for intelligence and defense customers. Metis, headquartered in Arlington, Virginia with more than 450 employees, brings additional contract vehicles and is expected to be accretive to PAE's financial metrics.

Platinum Equity Affiliate Acquires Wesco Aircraft and Combines It with Pattonair

January 9, 2020

Aerospace & Defense

An affiliate of Platinum Equity completed the acquisition of Wesco Aircraft Holdings Inc. for approximately $1.9 billion and immediately combined Wesco with Platinum Equity portfolio company Pattonair. The combination creates a roughly $2.4 billion, global aerospace supply-chain and distribution business headquartered in Valencia, California, with operations across 17 countries and more than 4,000 employees to expand scale, product breadth and supply‑chain capabilities.