12/5/2011
Chantilly, VA – Mission Essential Personnel, LLC (MEP) announced today it has established a new multi-million credit facility with Bank of America that will provide MEP with additional operating liquidity and capital for strategic acquisitions and investments.
MEP Chief Financial Officer Michael Jakobowski said, “The establishment of this facility will support MEP’s global operations and continued growth.” MEP is the world’s largest language services provider according to Common Sense Advisory and Bloomberg.
MEP CEO Chris Taylor said, “We continue to move forward with our aggressive strategic plan and the Bank of America financing will allow us to take advantage of market changes and opportunities that others may not be in a position to do.” MEP was assisted on this transaction by Morrison & Foerster LLP and Ernst & Young.
About MEP:
MEP is a global professional services company with primary offices in Northern Virginia and Columbus, OH. MEP provides human-capital solutions and program support to government and corporate clients. Currently, MEP is the world’s leading provider of translators, interpreters and cultural advisors, with more than 8,300 personnel in 13 countries across the Middle East, Africa, Asia and Europe. In addition to language services, MEP provides intelligence analysis and support, training and technical services to the US Department of Defense, intelligence agencies and international development organizations.
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