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February 10 2026

KippsDeSanto & Co. advises EXPANSIA Group LLC on its sale to Falfurrias Management Partners

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KippsDeSanto & Co. is pleased to announce the sale of its client, EXPANSIA Group, LLC (“EXPANSIA” or the “Company”), to Falfurrias Management Partners (“Falfurrias”).

Headquartered in Nashua, NH, EXPANSIA provides digital modernization solutions and data strategies to improve and sustain the infrastructure of mission-critical defense platforms, empowering national security customers to deploy technology faster with data, people, and ecosystems. Leveraging its deep expertise in continuous-delivery methods, EXPANSIA develops and deploys integrated digital environments (IDEs) which drive digital adoption and advance mission priorities. The company focuses on existing and next-generation defense platforms and support sustainment and readiness through integration of digital accelerators available on demand – and at scale – for customers across both platform and IT system lifecycles.

These solutions have earned EXPANSIA deeply embedded positions with high-priority federal customers, including the U.S. Air Force, U.S. Space Force, and NASA.

Together with the acquisitions of John H. Northrop & Associates, (“JHNA”) and Coherent Technical Services, (“CTSi”), this transaction represents a new defense technology platform for Falfurrias, delivering mission-critical technology and engineering solutions supporting warfighters, operators, and program offices across the DoD and Space Domains.

The transaction highlights several key trends in the government technology solutions M&A market:

- Heightened market demand for assets delivering cutting-edge, proprietary capabilities in areas like AI/ML, Digital Engineering, and Software Development

- M&A appetite for high-growth firms specializing in enhancing supply chain resilience and increasing mission-capabilities for both existing and next-generation defense platforms

- Financial sponsors remain hyper-focused on obtaining access to mission critical customer sets

About KippsDeSanto & Co.

KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace & Defense, Government Technology Solutions, and Enterprise Technology companies. We are focused on delivering exceptional M&A and financing transaction results to our clients via leveraging our scale, creativity, and industry experience. We help market leaders realize their full strategic value. Having advised on more than 250 industry transactions, KippsDeSanto is recognized for its analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com.

Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency

Read full press release

KippsDeSanto & Co. is pleased to announce the sale of its client, EXPANSIA Group, LLC (“EXPANSIA” or the “Company”), to Falfurrias Management Partners (“Falfurrias”).

Headquartered in Nashua, NH, EXPANSIA provides digital modernization solutions and data strategies to improve and sustain the infrastructure of mission-critical defense platforms, empowering national security customers to deploy technology faster with data, people, and ecosystems. Leveraging its deep expertise in continuous-delivery methods, EXPANSIA develops and deploys integrated digital environments (IDEs) which drive digital adoption and advance mission priorities. The company focuses on existing and next-generation defense platforms and support sustainment and readiness through integration of digital accelerators available on demand – and at scale – for customers across both platform and IT system lifecycles.

These solutions have earned EXPANSIA deeply embedded positions with high-priority federal customers, including the U.S. Air Force, U.S. Space Force, and NASA.

Together with the acquisitions of John H. Northrop & Associates, (“JHNA”) and Coherent Technical Services, (“CTSi”), this transaction represents a new defense technology platform for Falfurrias, delivering mission-critical technology and engineering solutions supporting warfighters, operators, and program offices across the DoD and Space Domains.

The transaction highlights several key trends in the government technology solutions M&A market:

- Heightened market demand for assets delivering cutting-edge, proprietary capabilities in areas like AI/ML, Digital Engineering, and Software Development

- M&A appetite for high-growth firms specializing in enhancing supply chain resilience and increasing mission-capabilities for both existing and next-generation defense platforms

- Financial sponsors remain hyper-focused on obtaining access to mission critical customer sets

About KippsDeSanto & Co.

KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace & Defense, Government Technology Solutions, and Enterprise Technology companies. We are focused on delivering exceptional M&A and financing transaction results to our clients via leveraging our scale, creativity, and industry experience. We help market leaders realize their full strategic value. Having advised on more than 250 industry transactions, KippsDeSanto is recognized for its analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com.

Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency