Transactions

February 5 2021

KippsDeSanto & Co. Advised HHB Systems on its sale to Vectrus, Inc.

KippsDeSanto & Co. is pleased to announce the sale of its client, HHB Systems (“HHB” or the “Company”), to Vectrus, Inc. (“Vectrus”).

Based in Springfield, VA, HHB is a leading provider of information systems technology, enterprise operations, facilities management, and technical assistance to Federal customers across the Intelligence Community.

The Company has developed a highly regarded reputation and long-standing relationship with various Intelligence Community agencies by leveraging its capabilities and extensive subject matter expertise around unique mission critical programs. HHB’s strong past performance has led to expanded work under its existing contract vehicles and has positioned the Company for continued growth.

The acquisition of HHB will augment Vectrus’ position as a leader in the converged infrastructure market. Additionally, HHB expands Vectrus’ integrated capabilities and broadens its reach within the Intelligence Community.

We believe this transaction highlights several key trends in the government and technology solutions M&A market:

• Continued demand for access to prime, full and open awards as a channel to drive growth

• Deep domain and subject matter expertise, particularly when coupled with long-term relationships, are critical investment considerations

• Emphasis on operational synergies and complementary solutions to enhance and build upon existing capability sets

LEAD INVESTMENT BANKERS

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Kevin P. DeSanto

Contact Kevin
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Brian T. Tunney

Contact Brian

KippsDeSanto & Co. is pleased to announce the sale of its client, HHB Systems (“HHB” or the “Company”), to Vectrus, Inc. (“Vectrus”).

Based in Springfield, VA, HHB is a leading provider of information systems technology, enterprise operations, facilities management, and technical assistance to Federal customers across the Intelligence Community.

The Company has developed a highly regarded reputation and long-standing relationship with various Intelligence Community agencies by leveraging its capabilities and extensive subject matter expertise around unique mission critical programs. HHB’s strong past performance has led to expanded work under its existing contract vehicles and has positioned the Company for continued growth.

The acquisition of HHB will augment Vectrus’ position as a leader in the converged infrastructure market. Additionally, HHB expands Vectrus’ integrated capabilities and broadens its reach within the Intelligence Community.

We believe this transaction highlights several key trends in the government and technology solutions M&A market:

• Continued demand for access to prime, full and open awards as a channel to drive growth

• Deep domain and subject matter expertise, particularly when coupled with long-term relationships, are critical investment considerations

• Emphasis on operational synergies and complementary solutions to enhance and build upon existing capability sets

LEAD INVESTMENT BANKERS

banker-photo

Kevin P. DeSanto

Contact Kevin
banker-photo

Brian T. Tunney

Contact Brian