February 21 2014
KippsDeSanto & Co. Advises OnPoint Consulting on its Sale to Sapient®
KippsDeSanto & Co. is pleased to present the attached press release announcing the acquisition of our client, OnPoint Consulting, Inc. (“OnPoint” or the “Company”), by Sapient Government Services, part of Sapient (NASDAQ: SAPE). The announced acquisition will expand Sapient Government Services’ federal presence by advancing its unique ability to craft innovative solutions for government, nonprofits, and non-governmental organizations.
Headquartered in Arlington, VA, OnPoint is a leading provider of technology and management consulting solutions in the areas of cybersecurity, enterprise architecture, and infrastructure systems. With 19 years of experience providing technology-related services to Federal agencies, the Company is adept at implementing risk management, design and development, and configuration management solutions. Its track record of providing value-added services to Federal agencies earned the Company a highly-coveted prime position on the $20 billion National Institutes of Health Chief Information Officers – Solutions and Partners 3 vehicle.
As an integral part of Sapient Government Services, OnPoint will continue to strengthen its growth and positioning on existing contracts and become a leading solutions provider to the federal government. At the same time, OnPoint’s extensive past performance within the civilian and defense sectors will further establish and strengthen Sapient Government Services’ position as a strategic provider to the government and expand its customer base to include the Department of Energy, Department of State, Department of Transportation, Department of Treasury, Department of Defense, Department of Agriculture, and the Securities and Exchange Commission.
We believe this transaction demonstrates several key trends in the government services M&A environment:
• Buyers seek targets on the front-end of key contract vehicles and programs that provide strong organic growth potential
• Strong buyer appetite for companies with diverse customer bases that not only complement their own customer base, but also allow the buyer to provide higher-end service offerings to market segments with strong potential for future growth
• Cybersecurity remains a key capability buyers seek when evaluating acquisition targets
• Continued interest in entering the Federal sector by non-traditional buyers
KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading technology and defense companies. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.
We welcome the opportunity to discuss how KippsDeSanto & Co. can help you achieve your strategic objectives.
KippsDeSanto & Co., member FINRA/SIPC, is not affiliated with other companies mentioned herein
LEAD INVESTMENT BANKERS
Kevin P. DeSanto
Jon Yim
KippsDeSanto & Co. is pleased to present the attached press release announcing the acquisition of our client, OnPoint Consulting, Inc. (“OnPoint” or the “Company”), by Sapient Government Services, part of Sapient (NASDAQ: SAPE). The announced acquisition will expand Sapient Government Services’ federal presence by advancing its unique ability to craft innovative solutions for government, nonprofits, and non-governmental organizations.
Headquartered in Arlington, VA, OnPoint is a leading provider of technology and management consulting solutions in the areas of cybersecurity, enterprise architecture, and infrastructure systems. With 19 years of experience providing technology-related services to Federal agencies, the Company is adept at implementing risk management, design and development, and configuration management solutions. Its track record of providing value-added services to Federal agencies earned the Company a highly-coveted prime position on the $20 billion National Institutes of Health Chief Information Officers – Solutions and Partners 3 vehicle.
As an integral part of Sapient Government Services, OnPoint will continue to strengthen its growth and positioning on existing contracts and become a leading solutions provider to the federal government. At the same time, OnPoint’s extensive past performance within the civilian and defense sectors will further establish and strengthen Sapient Government Services’ position as a strategic provider to the government and expand its customer base to include the Department of Energy, Department of State, Department of Transportation, Department of Treasury, Department of Defense, Department of Agriculture, and the Securities and Exchange Commission.
We believe this transaction demonstrates several key trends in the government services M&A environment:
• Buyers seek targets on the front-end of key contract vehicles and programs that provide strong organic growth potential
• Strong buyer appetite for companies with diverse customer bases that not only complement their own customer base, but also allow the buyer to provide higher-end service offerings to market segments with strong potential for future growth
• Cybersecurity remains a key capability buyers seek when evaluating acquisition targets
• Continued interest in entering the Federal sector by non-traditional buyers
KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading technology and defense companies. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.
We welcome the opportunity to discuss how KippsDeSanto & Co. can help you achieve your strategic objectives.
KippsDeSanto & Co., member FINRA/SIPC, is not affiliated with other companies mentioned herein
LEAD INVESTMENT BANKERS
Kevin P. DeSanto
Jon Yim