Transactions

August 21, 2011

KippsDeSanto & Co. Advises Maricom Systems Inc. on its Sale to Computer Sciences Corporation

KippsDeSanto & Co. is pleased to send you the attached press release announcing the acquisition of our client, Maricom Systems Inc. (“Maricom”), by Computer Sciences Corporation (“CSC”).  CSC acquired Maricom to broaden its presence in the Federal health information technology (“IT”) arena, a key growth area within the Federal market.  The transaction closed on August 31, 2011.

Headquartered in Baltimore, Maryland, Maricom is a leading provider of data centric IT services to the Department of Health and Human Services, principally the Centers for Medicare and Medicaid Services (“CMS”).  Maricom directly supports the mission of CMS by providing deep technical expertise in healthcare informatics, business intelligence, database management, and application development.  These capabilities are deployed to address the data collection, storage, analysis, and dissemination needs across the entire CMS enterprise.  The Company is trusted with supporting some of the most critical systems and initiatives surrounding actionable data analysis, enterprise services, Medicare modernization, and Healthcare Reform implementation.  These efforts collectively are aligned with clear health priorities to reduce the nation’s healthcare infrastructure costs and improve the quality of patient care.

We believe this transaction demonstrates several key trends in the government technology M&A environment:

• Intense interest of buyers and investors in accessing additional customers and capabilities that will help them position for the exceptional growth expected in the health IT segment

• Value proposition of customer intimacy and domain expertise afforded by focus and longevity, evidenced by prime contract relationships and long-term past performance

• Continued emphasis on and attraction to high value, long-term contracts and contracting vehicles, such as the CMS Enterprise Systems Development IDIQ

• Mission importance of assisting Federal customers to tackle the “big data” and IT systems modernization requirements resulting from policy reform, rapid evolution of emerging technologies, and macro spending pressures to do more with less

LEAD INVESTMENT BANKERS

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Kevin P. DeSanto

Contact Kevin
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Marc B. Marlin

Contact Marc

KippsDeSanto & Co. is pleased to send you the attached press release announcing the acquisition of our client, Maricom Systems Inc. (“Maricom”), by Computer Sciences Corporation (“CSC”).  CSC acquired Maricom to broaden its presence in the Federal health information technology (“IT”) arena, a key growth area within the Federal market.  The transaction closed on August 31, 2011.

Headquartered in Baltimore, Maryland, Maricom is a leading provider of data centric IT services to the Department of Health and Human Services, principally the Centers for Medicare and Medicaid Services (“CMS”).  Maricom directly supports the mission of CMS by providing deep technical expertise in healthcare informatics, business intelligence, database management, and application development.  These capabilities are deployed to address the data collection, storage, analysis, and dissemination needs across the entire CMS enterprise.  The Company is trusted with supporting some of the most critical systems and initiatives surrounding actionable data analysis, enterprise services, Medicare modernization, and Healthcare Reform implementation.  These efforts collectively are aligned with clear health priorities to reduce the nation’s healthcare infrastructure costs and improve the quality of patient care.

We believe this transaction demonstrates several key trends in the government technology M&A environment:

• Intense interest of buyers and investors in accessing additional customers and capabilities that will help them position for the exceptional growth expected in the health IT segment

• Value proposition of customer intimacy and domain expertise afforded by focus and longevity, evidenced by prime contract relationships and long-term past performance

• Continued emphasis on and attraction to high value, long-term contracts and contracting vehicles, such as the CMS Enterprise Systems Development IDIQ

• Mission importance of assisting Federal customers to tackle the “big data” and IT systems modernization requirements resulting from policy reform, rapid evolution of emerging technologies, and macro spending pressures to do more with less

LEAD INVESTMENT BANKERS

banker-photo

Kevin P. DeSanto

Contact Kevin
banker-photo

Marc B. Marlin

Contact Marc