Deal facts
- Buyer
- VSE
- Target
- PAG HoldCo
- Deal value
- USD 2,025,000,000
- Announced
- 29 January 2026
- Status
- Completed
- Sector
- Other
- Country
- United States
- Consideration
- cash, shares, earn-out
Sources
VSE has agreed to acquire PAG HoldCo in a strategic acquisition valued at USD 2.025 billion. The transaction consideration comprises cash, shares, and an earn-out component. Both entities are based in the United States, although the specific sector classification for the target remains broadly defined as Other. The deal was announced on 29 January 2026 and subsequently completed on 5 May 2026.
This transaction represents a significant consolidation within the US market, bringing the target under the ownership of the acquirer. The structure allows for deferred value through the earn-out element alongside immediate equity and cash exchange. Regulatory approvals were secured to facilitate the finalisation of the purchase. The transaction is now complete.
More M&A Tools
Explore the Toolkit
Tools, frameworks and AI assistants designed for entrepreneurs serious about M&A.
Access nowDeal timeline
1 update- CompletedClosed
VSE completes acquisition of PAG HoldCo
Introductory Note As previously disclosed, on January 29, 2026, VSE Corporation, a Delaware corporation (“VSE” or the “Company”), entered into a stock purchase agreement (the “Stock Purchase Agreement”), as amended by the First Amendment to Stock Purchase Agreement, dated as of May 4, 2026 (such amendment, the “First Amendment” and such agreement, as amended, the “Purchase Agreement”), with VSE Ma
Source
Explore
Browse adjacent archives
Jump from this deal into the sector, buyer, deal type, and year views that carry the strongest contextual signal.
Similar deals
Similar deals
Other Other M&A activity tracked by Exit Mode.
Lawson Products, Inc. to acquire GradeEight Holdings, LLC
Lawson Products, Inc. has agreed to acquire GradeEight Holdings, LLC in a strategic transaction valued at 145 million US dollars. The deal, announced on 13 October 2026,…
- Buyer
- Lawson Products, Inc.
- Target
- GradeEight Holdings, LLC
- Deal value
- USD 145,000,000
- Deal type
- strategic acquisition
SSR Mining Inc. to acquire Roxmore Resources Inc.
SSR Mining Inc. has agreed to acquire Roxmore Resources Inc. in a strategic acquisition. Both companies are based in Canada. The transaction was announced on 13 October…
- Buyer
- SSR Mining Inc.
- Target
- Roxmore Resources Inc.
- Deal value
- Not disclosed
- Deal type
- strategic acquisition
Water Intelligence plc to acquire Alabama Franchise
Water Intelligence plc has agreed to acquire the Alabama Franchise in a strategic acquisition. The transaction, which was announced on 12 October 2026, is valued at 4.7…
- Buyer
- Water Intelligence plc
- Target
- Alabama Franchise
- Deal value
- USD 4,700,000
- Deal type
- strategic acquisition
Metals X Limited to acquire First Tin PLC
Metals X Limited has agreed to acquire First Tin PLC in a strategic acquisition. The transaction, announced on 9 October 2026, involves the Australian buyer purchasing t…
- Buyer
- Metals X Limited
- Target
- First Tin PLC
- Deal value
- Not disclosed
- Deal type
- strategic acquisition
XMax Inc. to acquire Hexa Creation Inc.
XMax Inc. has agreed to acquire Hexa Creation Inc. in a strategic transaction announced on 9 October 2026. Both entities are based in the United States. The headline off…
- Buyer
- XMax Inc.
- Target
- Hexa Creation Inc.
- Deal value
- USD 4,123,711.34
- Deal type
- strategic acquisition
Buyer history
VSE
See every published Exit Mode archive entry where this buyer appears.
View buyer profileMethodology
How this page is built
Layer 1 facts come from source documents, Layer 2 turns those facts into a readable narrative, and Layer 3 only appears where the editorial team flags a founder-relevant deal.
Back to the archive