In February 2009, Blackwater changed its name to Xe Services LLC and restructured the company. Xe was bought by a group of investors who built a new company, Academi, and then in 2014 merged with another firm to form Constellis Holdings. They still do business as Academi.
Who owns Blackwater contractors?
Erik Dean Prince (born June 6, 1969) is an American businessman, former U.S. Navy SEAL officer, and the founder of the private military company Blackwater USA, now called Academi.
What companies does Constellis own?
The Constellis family of companies has grown to include a global team of industry leaders including Triple Canopy, Olive Group and The Development Initiative, as well as legacy companies Centerra, ACADEMI, AMK9, OMNIPLEX, Strategic Social and Edinburgh International.
Who is the current CEO of Blackwater Worldwide?
He served as its CEO until 2009 and later as chairman, until Blackwater Worldwide was sold in 2010 to a group of investors. Prince currently heads the private equity firm Frontier Resource Group and is chairman of Hong Kong-listed Frontier Services Group Ltd. He is the brother of U.S. Secretary of Education Betsy DeVos.
When did Blackwater start as a private company?
The Beginning. Blackwater USA began in 1997 by Al Clark and Erik Prince. They started out as a private security firm providing training support to law enforcement, the justice department, and military organizations and received their first contract from the United States government in 2000 after the bombing of the USS Cole. In 1998,…
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Where are the Blackwater private security companies located?
One of their jobs was to protect the US Embassy there. At this time, because it was a privately owned company, little was known about the internal affairs of the business. Another training facility was acquired in fall of 2006 in Mount Carroll, Illinois, just west of Chicago.
