Versar, Inc. is a project management company providing technical and management support to government and companies in the world. The company was founded on July 14, 1969. The company operates in three segments including Engineering and Construction Management, Environmental Services, and Professional Services. It offers project scoping/development, cost estimation, construction oversight through Engineering and Construction Management. The company offers environmental solutions[buzzword] through Environmental Services. The company offers solid waste management, water program management, staff augmentation through Professional Services.[5][6]
| NYSE: VSR[1] | |
| Industry | Program and Construction Management, Environmental Services, and Security Systems[1] |
| Founded | 1969 |
| Headquarters | Springfield, VA |
Key people | Dwane Stone (CEO) |
| Revenue |  US$ 102.622 million (2013.6)[2] |
| US$ 2.403 million (2013.6)[2] | |
| Total assets | US$57.377 million (2013.6)[3] |
| Total equity | US$37.624 million (2013.6) [3] |
Number of employees | 400 (2013) [4] |
| Website | www |
History
editIn 1969, Versar, Inc. was founded in Springfield, Virginia.[5] In January 2014, the company selected Locus Technologies (Locus) Environmental Information Management (EIM) software to be the preferred environmental data management system.[7]
In 1997, the company acquired a majority interest in Science Management Corp.[8]
In February 2014, the Company completed the acquisition of Lime Energy, Inc.'s Facility Repair and Renewal (FRR) business unit.[9]
In November 2017, Versar was acquired by Kingswood Capital Management for $1.6 million.[10][11]
References
edit- ^ a b traded symbols, archived from the original on March 29, 2009
- ^ a b "Selected Financial Data".
- ^ a b "EDGAR Pro".
- ^ number of employees
- ^ a b "10452 (VSR) Company Profile & Facts - Yahoo Finance".
- ^ "Home". versar.com.
- ^ "Versar, Inc. Selects Locus' EIM as Its Standard Environmental Data Management System". 7 January 2014.
- ^ "Versar to acquire SMC". Washington Business Journal. May 1997. Archived from the original on November 21, 2002. Retrieved September 10, 2024.
- ^ "Google Finance - Stock Market Prices, Real-time Quotes & Business News". Archived from the original on March 29, 2009.
- ^ "Versar Inc rescued by Kingswood Capital Management". Market Intelligence Service. Retrieved 2020-04-03.
- ^ "Kingswood Closes Versar Acquisition, Names New CEO for Project Mgmt Firm". GovCon Wire. 16 November 2017. Retrieved 2020-04-03.