Private equity firm Apollo Global Management acquired Constellis Holdings—the entity descended from Blackwater through successive rebrandings as Xe Services, Academi, and merger with Triple Canopy—for approximately $1 billion. The acquisition represented the complete financialization of the private …
Constellis HoldingsApollo Global ManagementBlackwaterTriple Canopyprivate-militaryprivate-equitycorporate-consolidationfinancialization-warfare
Academi (the entity formerly known as Blackwater, then Xe Services) merged with rival private military contractor Triple Canopy to form Constellis Holdings, representing the third major corporate transformation of the Blackwater organization in seven years. The merger consolidated multiple private …
Blackwater Worldwide officially changed its name to Xe Services LLC in a strategic rebranding effort to distance the company from its toxic reputation following the 2007 Nisour Square massacre, congressional investigations documenting 195 shooting incidents in Iraq, and widespread accusations of war …
Erik PrinceBlackwaterXe Servicesprivate-militarycorporate-impunityaccountability-crisisreputation-launderingwar-crimes
Erik Prince testified before the House Committee on Oversight and Government Reform for nearly four hours, defending Blackwater’s operations in Iraq despite overwhelming evidence of excessive force and lack of accountability. The hearing came weeks after the September 16, 2007 Nisour Square …
Erik PrinceBlackwaterHouse Oversight CommitteeHenry Waxmanprivate-militaryiraq-waraccountability-crisiscongressional-oversightcorporate-impunity
Four Blackwater contractors—Scott Helvenston, Jerry Zovko, Wesley Batalona and Mike Teague—were ambushed and killed by Iraqi insurgents while conducting a delivery for food caterers ESS in Fallujah. The contractors’ bodies were beaten, burned, dragged through the city streets, and hung from a …
Erik PrinceBlackwaterScott HelvenstonJerry ZovkoWesley Batalona+2 moreprivate-militaryiraq-warwar-crimescorporate-negligenceaccountability-crisis