February 22 2021
KippsDeSanto & Co. Advises Alethix, LLC on its sale to IntelliBridge, Inc., a portfolio company of Enlightenment Capital
KippsDeSanto & Co. is pleased to announce the sale of its client, Alethix, LLC (“Alethix” or the “Company”), to IntelliBridge, Inc., a portfolio company of Enlightenment Capital
Headquartered in Fairfax, VA, Alethix provides mission-focused technology solutions that solve complex challenges around the speed and security of data-in-transit, interoperability of enterprise systems, and data processing at scale for a wide range of Homeland Security, Federal-Civilian, and Defense customers.
Since its founding in 2012, Alethix has built enduring relationships across the Department of Homeland Security (“DHS”) and Department of Defense (“DoD”), and has more recently established strong presences at various Federal-Civilian agencies, such as the U.S. Department of Agriculture (“USDA”), the National Oceanic and Atmospheric Administration (“NOAA”), and the U.S. Census Bureau.
The Alethix acquisition is expected to enhance IntelliBridge’s position across National Security and Federal-Civilian agencies. IntelliBridge will also be able to deliver in-demand, next generation capabilities to these customers through Alethix’s cloud, data analytics, and digital solution expertise.
We believe this transaction demonstrates several key trends in the government services mergers and acquisitions (“M&A”) market:
• In-demand capabilities that can address Cloud, DevSecOps, Agile, and other next generation requirements continue to generate acquisition interest from strategic buyers as a means of accelerating growth and maintaining a brand of market leadership
• Buyers continue to value franchise positions at key Federal customers at the forefront of digital transformation
• For premium, well-positioned assets, M&A appetite remains steady despite the broader market impact of COVID-19 and its corresponding challenges
LEAD INVESTMENT BANKERS
Bob Kipps
Marc B. Marlin
KippsDeSanto & Co. is pleased to announce the sale of its client, Alethix, LLC (“Alethix” or the “Company”), to IntelliBridge, Inc., a portfolio company of Enlightenment Capital
Headquartered in Fairfax, VA, Alethix provides mission-focused technology solutions that solve complex challenges around the speed and security of data-in-transit, interoperability of enterprise systems, and data processing at scale for a wide range of Homeland Security, Federal-Civilian, and Defense customers.
Since its founding in 2012, Alethix has built enduring relationships across the Department of Homeland Security (“DHS”) and Department of Defense (“DoD”), and has more recently established strong presences at various Federal-Civilian agencies, such as the U.S. Department of Agriculture (“USDA”), the National Oceanic and Atmospheric Administration (“NOAA”), and the U.S. Census Bureau.
The Alethix acquisition is expected to enhance IntelliBridge’s position across National Security and Federal-Civilian agencies. IntelliBridge will also be able to deliver in-demand, next generation capabilities to these customers through Alethix’s cloud, data analytics, and digital solution expertise.
We believe this transaction demonstrates several key trends in the government services mergers and acquisitions (“M&A”) market:
• In-demand capabilities that can address Cloud, DevSecOps, Agile, and other next generation requirements continue to generate acquisition interest from strategic buyers as a means of accelerating growth and maintaining a brand of market leadership
• Buyers continue to value franchise positions at key Federal customers at the forefront of digital transformation
• For premium, well-positioned assets, M&A appetite remains steady despite the broader market impact of COVID-19 and its corresponding challenges
LEAD INVESTMENT BANKERS
Bob Kipps
Marc B. Marlin