VSE Corp divests Fleet segment (Wheeler Fleet Solutions) to One Equity Partners for up to $230M

VSE CORP

Total cash consideration of up to $230M: $165M at closing ($140M cash + $25M seller note) plus $65M earn-out.
Transaction includes sale of Wheeler Fleet Solutions shares and real estate for $15M; expected Q2 2025 close.
Net proceeds to be used to reduce borrowings under VSE's credit agreement.
Customary closing conditions and approvals required; certain schedules omitted per Regulation S-K.

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