Acuity International Explained

Acuity International
Founded:2018
Owner:DC Capital Partners
Hq Location City:Reston, Virginia
Hq Location Country:U.S.
Key People:Thomas J. Campbell, Chairman
Tony Corbi, CEO
Num Employees:2,800 (Feb 2024)[1]

Acuity International, formerly Caliburn International LLC,[2] is a professional services provider headquartered in Reston, Virginia, with approximately 2,800 employees. They offer occupational health, disaster response and recovery, global health services, program and construction management, munitions response and demilitarization services, global security services, and base and critical facilities management. [3] They serve the U.S. government and commercial clients worldwide, including the Department of Defense and Department of State.

Company

The company was formed by DC Capital Partners and is currently managed by Tony Corbi, former chief financial officer and chief operations officer of Owl Cyber Defense.[4] The board includes Generals John Kelly, Anthony C. Zinni, Michael Hayden, and admirals Stephen F. Loftus, and Kathleen Martin.[5] Retired Admiral James G. Stavridis previously served on the board and resigned in September 2019.[6]

Stock market

In October 2018, the company announced plans to sell $100 million shares public stocks in an initial public offering, promising significant growth related to Trump's immigration and border policies, however warning potential investors of risks related to the "politically charged environment." Caliburn withdrew its registration statement for the offering in March 2019 following negative press and scrutiny.[7] [8] The prospectus included an annual payment of at least $100,000 for board members and $200,000 bonus if the company went public.

Criticisms

Caliburn has received scrutiny for operations by subsidiary companies Sallyport Global and Comprehensive Health Services The company is being investigated for alleged bribery of Iraqi officials for exclusive contracts.[9] As of May 2019, a non-partisan watchdog group, Citizens for Responsibility and Ethics in Washington, requested documentation regarding Kelly's involvement with Trump's child separation policy and current role at Caliburn.[10] Comprehensive Health Services also operated at Balad Air Base during the time that Sallyport Global is accused of worker mistreatment and neglect.[11]

External links

Notes and References

  1. Web site: Acuity International Appoints New Chief Technology Officer - Acuity International . 13 February 2024 .
  2. Web site: 2021-10-04 . Caliburn International is Now Acuity International, Reinforcing its Mission to Assist Customers in Critical Missions Anywhere in the World . 2023-02-13 . www.businesswire.com . en.
  3. Web site: 2023-08-01 . Acuity International Announces New VP of Construction Management . 2024-03-07 . www.bloomberg.com.
  4. Web site: Leadership Team Update October 2022 - Acuity International . 2024-03-06.
  5. Web site: John Kelly joins board of company operating largest shelter for unaccompanied migrant children. www.cbsnews.com. 3 May 2019 . 2019-05-10.
  6. How the Trump Administration Is Privatizing the Detention of Migrant Children. Burke. Garance. Mendoza. Martha. October 3, 2019. Time. en. dead. https://web.archive.org/web/20191004014444/https://time.com/5691856/us-immigration-privatization/. 2019-10-04. 2019-10-22.
  7. Web site: Wall Street Banks & Former Defense Officials Looking to Cash In on Child Detentions. Armstrong. Gin. 2019-02-13. Eyes on the Ties. 2019-05-10.
  8. Caliburn International Holdings Withdraws Registration Statement . 2019-03-05 . Caliburn International . IPO Edge . 2019-05-12 .
  9. News: DOJ Is Investigating Whether U.S. Payoffs to Iraqi Officials Opened the Door for ISIS. McCullough. Zack KopplinIrvin. 2019-02-12. 2019-05-10.
  10. Web site: Ethics watchdog files request for documents on John Kelly and shelter operator that hired him. www.cbsnews.com. 9 May 2019 . 2019-05-10.
  11. Web site: Caliburn International: 5 Fast Facts You Need to Know. Prengel. Kate. 2019-05-04. Heavy.com. 2019-05-10.