July 9 2019
KippsDeSanto & Co. advises JANUS Research Group on its recapitalization by CM Equity Partners
KippsDeSanto & Co. is pleased to announce the recapitalization of its client, JANUS Research Group (“JANUS” or the “Company”), by CM Equity Partners (“CMEP”).
Based in Evans, GA, JANUS is a 350-person U.S. Federal services company providing engineering services as a solution, primarily for the U.S. Army and other Department of Defense (“DoD”) customers. JANUS centers of gravity are in Programmatic Services, Futures Research, Study and Analysis, Modeling & Simulation, Live and Virtual Training, Mission Command / Tactical Communications, Distributed Simulation / Experimentation, Specialty Engineering, Data Management, and Software Development.
The Company has established a foundational presence in its Augusta-Fort Gordon Cyber District marketplace, as well as considerable depth within the Command, Control, Communications, Computers Intelligence, Surveillance, and Reconnaissance (“C4ISR”) Center of Excellence located in Aberdeen Proving Ground (“APG”), and has closely aligned itself with DoD customers looking to grow investments in systems engineering, cyber, training, and technology innovation. JANUS has leveraged its extensive operational expertise, past performance, and technological know-how as a leading provider to mission-critical tactical communications programs to include more than 20 years supporting the U.S. Army Program Executive Office for Command, Control, and Communications-Tactical (“PEO C3T”) under the Project Manager Tactical Radio (“PM TR”) and Project Manager Tactical Network (“PM TN”) organizations. The Company is also positioned at the forefront of next generation tactical and strategic defense and intelligence capability requirements through support of Army Futures Command, Future Concepts Center, and Joint Modernization Command (“JMC”), amongst others.
Jeannette Loop, JANUS Founder and Chairperson, stated that she and her management team are pleased to be partnering with CM Equity “whose vision is aligned with our growth strategy and have sufficient scale, experience and capabilities to grow with us over time.”
We believe this transaction demonstrates several key trends in the government services M&A market:
• Keen market focus on differentiated engineering, analytic, and programmatic services mission support for well-funded government customers
• Deep domain and subject matter expertise, particularly when coupled with long-term relationships, are critical differentiators for sellers in a crowded M&A market
• Private equity firms continue to remain highly active in the government services market, given strong market dynamics and favorable credit markets
LEAD INVESTMENT BANKERS
Bob Kipps
Brian T. Tunney
KippsDeSanto & Co. is pleased to announce the recapitalization of its client, JANUS Research Group (“JANUS” or the “Company”), by CM Equity Partners (“CMEP”).
Based in Evans, GA, JANUS is a 350-person U.S. Federal services company providing engineering services as a solution, primarily for the U.S. Army and other Department of Defense (“DoD”) customers. JANUS centers of gravity are in Programmatic Services, Futures Research, Study and Analysis, Modeling & Simulation, Live and Virtual Training, Mission Command / Tactical Communications, Distributed Simulation / Experimentation, Specialty Engineering, Data Management, and Software Development.
The Company has established a foundational presence in its Augusta-Fort Gordon Cyber District marketplace, as well as considerable depth within the Command, Control, Communications, Computers Intelligence, Surveillance, and Reconnaissance (“C4ISR”) Center of Excellence located in Aberdeen Proving Ground (“APG”), and has closely aligned itself with DoD customers looking to grow investments in systems engineering, cyber, training, and technology innovation. JANUS has leveraged its extensive operational expertise, past performance, and technological know-how as a leading provider to mission-critical tactical communications programs to include more than 20 years supporting the U.S. Army Program Executive Office for Command, Control, and Communications-Tactical (“PEO C3T”) under the Project Manager Tactical Radio (“PM TR”) and Project Manager Tactical Network (“PM TN”) organizations. The Company is also positioned at the forefront of next generation tactical and strategic defense and intelligence capability requirements through support of Army Futures Command, Future Concepts Center, and Joint Modernization Command (“JMC”), amongst others.
Jeannette Loop, JANUS Founder and Chairperson, stated that she and her management team are pleased to be partnering with CM Equity “whose vision is aligned with our growth strategy and have sufficient scale, experience and capabilities to grow with us over time.”
We believe this transaction demonstrates several key trends in the government services M&A market:
• Keen market focus on differentiated engineering, analytic, and programmatic services mission support for well-funded government customers
• Deep domain and subject matter expertise, particularly when coupled with long-term relationships, are critical differentiators for sellers in a crowded M&A market
• Private equity firms continue to remain highly active in the government services market, given strong market dynamics and favorable credit markets
LEAD INVESTMENT BANKERS
Bob Kipps
Brian T. Tunney