Versa Capital Management, LLC (Versa) announced today that portfolio company and defense contractor Allen-Vanguard has sold two of its operating units to Safariland Group (Safariland), a global provider of law enforcement and security products. Allen-Vanguard, acquired by affiliates of Versa in December 2009, is a global leader in providing customized solutions for defeating terrorist and extremist threats. Dechert LLP served as lead counsel to Versa Capital and Allen-Vanguard in the transaction, while Houlihan Lokey served as financial advisor. Purchase terms for the all-cash divestiture were not disclosed.

The multi-disciplinary Dechert team advising Versa Capital and Allen-Vanguard includes Corporate lawyers Mark Thierfelder, Jonathan Kim, Henry Nassau, Ruslan Koretski, Max Schleusener and Leslie Theophile; Tax lawyers Daniel Dunn and Kenneth Wang; Employee Benefits lawyers David Jones, Marc Nawyn and Emma Richardson; Intellectual Property lawyers Thomas Rayski and Charles Lee; and Real Estate lawyer Sean Porter.