June 9 2020
KippsDeSanto & Co. Advises Enterprise Information Services, LLC on its sale to Cognosante, LLC
KippsDeSanto & Co. is pleased to announce the sale of its client, Enterprise Information Services, LLC (“EIS” or the “Company”), to Cognosante, LLC (“Cognosante”).
Founded in 1994 and based in Vienna, VA, EIS provides cybersecurity, biometrics, application development, cloud migration, and other IT services to various U.S. Federal Defense, Intelligence, and Civilian government agencies.
In addition to its in-demand services offering, EIS has amassed prime positions on numerous high-profile full-and-open contract vehicles, including Alliant II, Army RS3, and ITES-3S.
We believe this transaction illustrates various trends in the government technology M&A environment:
• Despite COVID-19 related market impacts, M&A deals continue to transpire between well positioned buyers and sellers
• Full and open, prime contract positions, particularly on Best-in-Class and other in-demand vehicles, such as Alliant II, RS3, and ITES-3S, remain strong M&A drivers
• Buyers continue to place importance on targets with prime, full and open contracts and embedded positioning within well-funded Defense and Intelligence customers
LEAD INVESTMENT BANKERS
Kate Troendle
KippsDeSanto & Co. is pleased to announce the sale of its client, Enterprise Information Services, LLC (“EIS” or the “Company”), to Cognosante, LLC (“Cognosante”).
Founded in 1994 and based in Vienna, VA, EIS provides cybersecurity, biometrics, application development, cloud migration, and other IT services to various U.S. Federal Defense, Intelligence, and Civilian government agencies.
In addition to its in-demand services offering, EIS has amassed prime positions on numerous high-profile full-and-open contract vehicles, including Alliant II, Army RS3, and ITES-3S.
We believe this transaction illustrates various trends in the government technology M&A environment:
• Despite COVID-19 related market impacts, M&A deals continue to transpire between well positioned buyers and sellers
• Full and open, prime contract positions, particularly on Best-in-Class and other in-demand vehicles, such as Alliant II, RS3, and ITES-3S, remain strong M&A drivers
• Buyers continue to place importance on targets with prime, full and open contracts and embedded positioning within well-funded Defense and Intelligence customers
LEAD INVESTMENT BANKERS
Kate Troendle