August 23, 2023

Nemphos Braue Represents SealingTech in Acquisition by Parsons

Congratulations to Nemphos Braue client Sealing Technologies, Inc. (SealingTech), acquired by Centreville, Va.-based Parsons Corporation in a transaction valued at up to $200 million.

Read more about Nemphos Braue’s work with SealingTech.

From the press release:

“This partnership is the perfect next step in the future of our two companies,” said Edward Sealing, chief executive officer of SealingTech. “There is complete alignment with our culture and values, and we share a common passion for supporting our nation’s most pressing security challenges while promoting a people-first culture. I believe the combination of our capabilities will be a force multiplier for our warfighters and accelerate our business growth and expand our customer base. I am excited about our future together and to become part of the Parsons team.”

Read the announcement

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Press Release: SealingTech Acquisition

Press Release: SealingTech Acquisition

Nemphos Braue worked closely with the leadership team at SealingTech through this and previous negotiations to positively impact the company’s strong growth trajectory and position it for a successful exit.

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