Inspirit carves out Valiant's O&M arm to launch Vulcan Government Services
What's the deal? Inspirit EquityDealroom has a profile for this one. Try Dealroom → has acquired Valiant O&MDealroom has a profile for this one. Try Dealroom →, the operations and maintenance division of Valiant Integrated Defense ServicesDealroom has a profile for this one. Try Dealroom →, and will run it as an independent company called Vulcan Government ServicesDealroom has a profile for this one. Try Dealroom → (VGSDealroom has a profile for this one. Try Dealroom →). The Los Angeles-based investment firm announced the deal on August 27, 2026. Financial terms were not disclosed.
What each side does: VGS provides facility operations, maintenance, and logistics services to US government agencies, covering hospitals, research laboratories, and other critical infrastructure, plus chemical management support. It serves clients domestically and overseas through long-term contracts. Inspirit backs companies with strong fundamentals and works with management to grow them.
What changes? The transaction is a corporate carve-out, separating VGS into a standalone business. Chuck Phillips, who joined Valiant in 2023 and led the O&M unit, stays on as chief executive officer.
Why now? "Demand for those services continues to grow as agencies invest in the readiness and resilience of critical infrastructure," said Charles Gores, founder and CEO of Inspirit Equity.
What's the endgame? Near-term priorities include adding business development staff, expanding construction capabilities, and pursuing new end markets. Managing director Ryan Kanaley said VGS will focus on both organic growth and M&A.
"As a standalone company, we can operate with greater focus, agility and strategic flexibility," Phillips said.
The McLean GroupDealroom has a profile for this one. Try Dealroom → advised Valiant O&M, with Sidley AustinDealroom has a profile for this one. Try Dealroom → as its legal counsel; Jones DayDealroom has a profile for this one. Try Dealroom → advised Inspirit.
The signal: Complex carve-outs of government services units point to steady investor appetite for defence-adjacent infrastructure, where long-term contracts promise predictable revenue.
Image credit: Generated with Gemini
