December 21, 2012
KippsDeSanto & Co. Advises Guident Technologies, Inc. on its Sale to CRGT, Inc.
KippsDeSanto & Co. is pleased to announce the acquisition of our client, Guident Technologies, Inc. (“Guident”), by CRGT, Inc. (“CRGT”), a portfolio company of Veritas Capital. The acquisition of Guident will enable CRGT to expand its high-end service offerings in the rapidly-growing fields of big data analytics and business intelligence solutions, as well as provide a number of new customers within key government agencies.
Headquartered in Reston, VA, Guident is an industry-leading IT services company specializing in data warehousing, big data, analytics, and business intelligence solutions primarily to the Federal civilian market, including the Environmental Protection Agency (“EPA”), U.S. Courts, and Department of Transportation (“DOT”), amongst others. Rooted in the founding principles of management consulting, technological expertise, and customer commitment, the Company delivers a full-spectrum of data solutions, from architecture and development to implementation and support that enable its customers to make better, faster business decisions. Guident also holds numerous government-wide acquisition contracts (“GWACs”) and blanket purchase agreements (“BPAs”) that allow for the direct and efficient procurement of new contracts and task orders.
Customers desire to partner with Guident given its ability to deliver innovative ideas that better leverage their existing and new data technologies such as data integration, data warehouses, and business intelligence applications, and provide insight from disparate pieces of data. Leveraging its expertise in addressing these market trends, Guident has successfully established itself as a leader within its existing customer base and is poised for future growth.
• We believe this transaction demonstrates several key trends in the government technology M&A environment:
• Buyers continue to seek companies with a strong portfolio of IDIQs, GWACs, and BPAs
Proven financial track record, differentiated value propositions, and solid growth profile remain at the forefront of industry acquisition criteria
• Strong buyer appetite for companies with diverse customer bases that not only complement their own customer base, but also allow the buyer to provide higher-end service offerings to market segments with strong potential for future growth
• Increased activity among private equity investors within the Government market as both a direct buyer and via existing portfolio companies
KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading technology and defense companies. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.
We welcome the opportunity to discuss how KippsDeSanto & Co. can help you achieve your strategic objectives.
KippsDeSanto & Co., member FINRA/SIPC, is not affiliated with other companies mentioned herein
LEAD INVESTMENT BANKERS
Bob Kipps
Jon Yim
KippsDeSanto & Co. is pleased to announce the acquisition of our client, Guident Technologies, Inc. (“Guident”), by CRGT, Inc. (“CRGT”), a portfolio company of Veritas Capital. The acquisition of Guident will enable CRGT to expand its high-end service offerings in the rapidly-growing fields of big data analytics and business intelligence solutions, as well as provide a number of new customers within key government agencies.
Headquartered in Reston, VA, Guident is an industry-leading IT services company specializing in data warehousing, big data, analytics, and business intelligence solutions primarily to the Federal civilian market, including the Environmental Protection Agency (“EPA”), U.S. Courts, and Department of Transportation (“DOT”), amongst others. Rooted in the founding principles of management consulting, technological expertise, and customer commitment, the Company delivers a full-spectrum of data solutions, from architecture and development to implementation and support that enable its customers to make better, faster business decisions. Guident also holds numerous government-wide acquisition contracts (“GWACs”) and blanket purchase agreements (“BPAs”) that allow for the direct and efficient procurement of new contracts and task orders.
Customers desire to partner with Guident given its ability to deliver innovative ideas that better leverage their existing and new data technologies such as data integration, data warehouses, and business intelligence applications, and provide insight from disparate pieces of data. Leveraging its expertise in addressing these market trends, Guident has successfully established itself as a leader within its existing customer base and is poised for future growth.
• We believe this transaction demonstrates several key trends in the government technology M&A environment:
• Buyers continue to seek companies with a strong portfolio of IDIQs, GWACs, and BPAs
Proven financial track record, differentiated value propositions, and solid growth profile remain at the forefront of industry acquisition criteria
• Strong buyer appetite for companies with diverse customer bases that not only complement their own customer base, but also allow the buyer to provide higher-end service offerings to market segments with strong potential for future growth
• Increased activity among private equity investors within the Government market as both a direct buyer and via existing portfolio companies
KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading technology and defense companies. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.
We welcome the opportunity to discuss how KippsDeSanto & Co. can help you achieve your strategic objectives.
KippsDeSanto & Co., member FINRA/SIPC, is not affiliated with other companies mentioned herein
LEAD INVESTMENT BANKERS
Bob Kipps
Jon Yim