Versar Inc.

04/04/2025 | Press release | Distributed by Public on 04/04/2025 11:42

Versar Global Solutions Announces Agreement to Sell Asset Maintenance Business...

Versar Global Solutions ("Versar"), a leading global provider of technical and mission-oriented solutions with headquarters in Washington DC, is pleased to announce the signing of a definitive agreement to sell its Integrated Asset Maintenance ("IAM") business to Oasis Landscape Services ("Oasis"), located Gainesville, Florida. IAM provides asset maintenance services for transportation infrastructure services for customers in the states of Florida, South Carolina and Virginia. Oasis is an Asset Maintenance ("AM"), landscape, and irrigation firm with customers and contracts in Florida.

The agreement was signed on March 28, 2025, and expected to close within a short period to follow. Versar will continue to operate the IAM business until the close is completed. The combined business will have nearly 400 employees and over 20 locations operating in three states.


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