August 20 2016
KippsDeSanto & Co. Advises Information Management Technology on its Sale to Mission Essential Personnel
KippsDeSanto & Co. is pleased to announce the sale of our client, Information Management Technology Corporation (“IMT” or “the Company”), to Mission Essential Personnel, LLC (“Mission Essential”). This deal, that closed August 3rd, marks KippsDeSanto & Co.’s sixth transaction of 2016.
Headquartered in Fairfax, VA, IMT is a provider of advanced technical solutions for critical global intelligence dissemination systems supporting the Department of Defense (“DoD”), Intelligence Community (“IC”), and Five Eye (“FVEY”) coalition forces. The Company is the lead enabler of a mission-critical Program of Record, the Integrated Broadcast Service (“IBS”) enterprise. The IBS is an enabling capability in a worldwide, geostationary satellite communications (“SATCOM”) system used as the DoD standard network for transmitting time-sensitive strategic, tactical, and targeting data to all echelons of Joint Service and FVEY operational users to fulfill their Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance (“C4ISR”) and other DoD mission requirements.
With highly-differentiated and established global intelligence system integration, information management, software engineering, and SATCOM subject matter expertise (“SME”), IMT’s capabilities are complementary to Mission Essential’s existing mission-focused solutions across the DoD and IC and establishes Mission Essential as a key player in the IBS enterprise and C4ISR market. The strategic position within the IBS enterprise is further supported by the Company’s portfolio of intellectual property, which establishes a strong foundation to capitalize on increasing global demand and large market opportunities to expand its proprietary solutions, both domestically and internationally.
We believe this transaction demonstrates several key trends in the Intel and C4ISR M&A environment:
• Mid-sized strategic buyers continue to seek M&A opportunities to enhance depth of technology, proprietary solutions, and intellectual property to complement existing offerings and improve market sector positioning
• Value of strategic customer access and deeply-embedded positions on missioncritical programs in support of evolving forward operator requirements
• Companies with differentiated and innovative solutions in support of highly visible and critical C4ISR missions continue to be in high demand
KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading aerospace / defense and government technology solutions companies. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.
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 sale of our client, Information Management Technology Corporation (“IMT” or “the Company”), to Mission Essential Personnel, LLC (“Mission Essential”). This deal, that closed August 3rd, marks KippsDeSanto & Co.’s sixth transaction of 2016.
Headquartered in Fairfax, VA, IMT is a provider of advanced technical solutions for critical global intelligence dissemination systems supporting the Department of Defense (“DoD”), Intelligence Community (“IC”), and Five Eye (“FVEY”) coalition forces. The Company is the lead enabler of a mission-critical Program of Record, the Integrated Broadcast Service (“IBS”) enterprise. The IBS is an enabling capability in a worldwide, geostationary satellite communications (“SATCOM”) system used as the DoD standard network for transmitting time-sensitive strategic, tactical, and targeting data to all echelons of Joint Service and FVEY operational users to fulfill their Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance (“C4ISR”) and other DoD mission requirements.
With highly-differentiated and established global intelligence system integration, information management, software engineering, and SATCOM subject matter expertise (“SME”), IMT’s capabilities are complementary to Mission Essential’s existing mission-focused solutions across the DoD and IC and establishes Mission Essential as a key player in the IBS enterprise and C4ISR market. The strategic position within the IBS enterprise is further supported by the Company’s portfolio of intellectual property, which establishes a strong foundation to capitalize on increasing global demand and large market opportunities to expand its proprietary solutions, both domestically and internationally.
We believe this transaction demonstrates several key trends in the Intel and C4ISR M&A environment:
• Mid-sized strategic buyers continue to seek M&A opportunities to enhance depth of technology, proprietary solutions, and intellectual property to complement existing offerings and improve market sector positioning
• Value of strategic customer access and deeply-embedded positions on missioncritical programs in support of evolving forward operator requirements
• Companies with differentiated and innovative solutions in support of highly visible and critical C4ISR missions continue to be in high demand
KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading aerospace / defense and government technology solutions companies. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.
KippsDeSanto & Co., member FINRA / SIPC, is not affiliated with other companies mentioned herein
LEAD INVESTMENT BANKERS
Bob Kipps
Jon Yim