Veteran Infrastructure Products (VIP) Acquires KnightHawk Protection
SALEM, Oregon, September 6, 2017 (Newswire.com) - Veteran Infrastructure Products LLC (VIP), a Department of Veterans Affairs Certified Service Disabled Veteran Owned Small Business, today announced the acquisition of KnightHawk Protection, a Vancouver, Washington based company. Partial funding was provided by Wells Fargo Bank with a Small Business Administration guarantee. This transaction represents a unique and significant opportunity to enhance the growth of VIP and advance the company's strategic focus on growing its business to business capabilities in a sector where VIP has considerable experience. KnightHawk Protection is a wholly owned subsidiary of VIP, and the existing management team will continue to lead the business.
"We are thrilled to welcome KnightHawk Protection to VIP," said Rusty Rice, VIP President and CEO. "KnightHawk Protection is a stalwart company that has been in the Portland, Oregon metropolitan area for more than 17 years, working in the industry and living in the community very close to their operations. We value their team of dedicated employees, and will support them with the resources they need to continue the success they have built over the past 17 years."
Larry Knight, founder of KnightHawk Protection commented, "Our family is very proud of the legacy we have established and nurtured over the past 17 years. As a family run and owned business, we view today's transaction as an opportunity to continue growing our business while joining an even larger family."
KnightHawk presently offers mobile patrol services, fixed post services, alarm response and dispatching, executive protection, and related protection services.
VIP is a federal government contractor headquartered in Salem, Oregon with offices in Washington, D.C. VIP provides administrative, logistical, and technical support to its federal clients. VIP will introduce KnightHawk Protection services for national and international assignments to its federal client base while continuing to expand its business to business base.
Source: Veteran Infrastructure Products LLC