Transactions

July 22 2017

KippsDeSanto & Co. Advises NES Associates, LLC on Its Sale to CSRA, Inc.

KippsDeSanto & Co. is pleased to announce the sale of our client, NES Associates, LLC (“NES” or the “Company”), to CSRA, Inc. (“CSRA”).  NES is a leading global IT firm with expertise in enterprise networking, cybersecurity, infrastructure, and application architecture primarily to customers within the Department of Defense (“DoD”) and other Federal agencies.

Based in Alexandria, VA, NES provides full lifecycle IT solutions, which include IT infrastructure, network operations, telecommunications, data center, enterprise software, and cybersecurity support.  NES’ differentiated capabilities and domain expertise, in addition to the Company’s highly skilled, certified, and experienced employees, have led to deep relationships with DoD customers.  Notably, NES has in-depth experience with nearly every military base’s network infrastructure, both in and outside of the continental United States.

Through its acquisition of NES, CSRA expects to leverage the Company’s expertise and experience in defense telecommunications and infrastructure implementation to accelerate its growth through the pursuit of large IT modernization opportunities and to eliminate barriers to the adoption of next-generation IT.

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

• Public buyers are using M&A to strengthen strategic capabilities that improve positioning for future large-scale procurements.

• There is a strategic emphasis on technical expertise around the “network” especially given its applicability to the reliable delivery of next-generation IT solutions.

• Critical mass of experienced and high-end technical talent as evidenced by applicable certifications and accreditations is a differentiator amongst acquisition prospects.

• Strategic buyers continue to utilize M&A to augment or add trusted customer relationships with agencies having mission critical IT needs and strong budget support.

• Sizeable acquisition candidates having a proven track-record of growth and positive outlook remain in high demand.

LEAD INVESTMENT BANKERS

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Marc B. Marlin

Contact Marc

KippsDeSanto & Co. is pleased to announce the sale of our client, NES Associates, LLC (“NES” or the “Company”), to CSRA, Inc. (“CSRA”).  NES is a leading global IT firm with expertise in enterprise networking, cybersecurity, infrastructure, and application architecture primarily to customers within the Department of Defense (“DoD”) and other Federal agencies.

Based in Alexandria, VA, NES provides full lifecycle IT solutions, which include IT infrastructure, network operations, telecommunications, data center, enterprise software, and cybersecurity support.  NES’ differentiated capabilities and domain expertise, in addition to the Company’s highly skilled, certified, and experienced employees, have led to deep relationships with DoD customers.  Notably, NES has in-depth experience with nearly every military base’s network infrastructure, both in and outside of the continental United States.

Through its acquisition of NES, CSRA expects to leverage the Company’s expertise and experience in defense telecommunications and infrastructure implementation to accelerate its growth through the pursuit of large IT modernization opportunities and to eliminate barriers to the adoption of next-generation IT.

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

• Public buyers are using M&A to strengthen strategic capabilities that improve positioning for future large-scale procurements.

• There is a strategic emphasis on technical expertise around the “network” especially given its applicability to the reliable delivery of next-generation IT solutions.

• Critical mass of experienced and high-end technical talent as evidenced by applicable certifications and accreditations is a differentiator amongst acquisition prospects.

• Strategic buyers continue to utilize M&A to augment or add trusted customer relationships with agencies having mission critical IT needs and strong budget support.

• Sizeable acquisition candidates having a proven track-record of growth and positive outlook remain in high demand.

LEAD INVESTMENT BANKERS

banker-photo

Marc B. Marlin

Contact Marc