Versar

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 14th, 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 through Environmental Services. The company offers solid waste management, water program management, staff augmentation through Professional Services.[5][6]

Versar, Inc.
Public
Traded asNYSE: VSR[1]
IndustryProgram and Construction Management, Environmental Services, and Security Systems[1]
Founded1969
HeadquartersSpringfield, 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]
Websitewww.versar.com

History

In 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 February 2014, the Company completed the acquisition of Lime Energy, Inc.'s Facility Repair and Renewal (FRR) business unit.[8]

In November 2017, Versar was acquired by Kingswood Capital Management for $1.6 million.[9][10]

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References
  1. traded symbols
  2. "Selected Financial Data".
  3. http://google.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=9507257-121936-126512&type=sect&TabIndex=2&companyid=1234&ppu=%252fdefault.aspx%253fsym%253dVSR
  4. number of employees
  5. https://finance.yahoo.com/q/pr?s=VSR
  6. http://www.versar.com/
  7. https://finance.yahoo.com/news/versar-inc-selects-locus-eim-120000083.html
  8. https://www.google.com/finance?q=vsr
  9. "Versar Inc rescued by Kingswood Capital Management". Market Intelligence Service. Retrieved 2020-04-03.
  10. "Kingswood Closes Versar Acquisition, Names New CEO for Project Mgmt Firm". GovCon Wire. Retrieved 2020-04-03.
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