Transactions

August 21 2008

KippsDeSanto & Co. Advises Project Performance Corporation on Its Sale to AEA Technology plc

KippsDeSanto & Co. is pleased to send you the attached press release announcing the acquisition of our client, Project Performance Corporation (PPC), by AEA Technology plc. This deal closed on August 22, 2008. PPC, based in McLean, VA, is a leading management and technology consulting firm providing high-end IT strategy, security and project management solutions to the U.S. government, healthcare and financial services sectors. KippsDeSanto & Co. acted as exclusive financial advisor to PPC in this transaction.

This transaction represents a number of key trends in defense and government services contracting M&A:

• Premium transaction terms remain achievable even in today’s volatile equity and capital markets for high quality firms delivering high-end IT strategy, security and project management consulting solutions; and

• Foreign companies continue to be aggressive buyers of US government services firms given the favorable market (size and growth) and currency dynamics.

KippsDeSanto & Co. is an investment bank focused on delivering M&A and financing transaction results for leading, growth-oriented, 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. For more information on this particular transaction, please contact one of our senior professionals.

LEAD INVESTMENT BANKERS

banker-photo

Bob Kipps

Contact Bob
banker-photo

Kevin P. DeSanto

Contact Kevin

KippsDeSanto & Co. is pleased to send you the attached press release announcing the acquisition of our client, Project Performance Corporation (PPC), by AEA Technology plc. This deal closed on August 22, 2008. PPC, based in McLean, VA, is a leading management and technology consulting firm providing high-end IT strategy, security and project management solutions to the U.S. government, healthcare and financial services sectors. KippsDeSanto & Co. acted as exclusive financial advisor to PPC in this transaction.

This transaction represents a number of key trends in defense and government services contracting M&A:

• Premium transaction terms remain achievable even in today’s volatile equity and capital markets for high quality firms delivering high-end IT strategy, security and project management consulting solutions; and

• Foreign companies continue to be aggressive buyers of US government services firms given the favorable market (size and growth) and currency dynamics.

KippsDeSanto & Co. is an investment bank focused on delivering M&A and financing transaction results for leading, growth-oriented, 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. For more information on this particular transaction, please contact one of our senior professionals.

LEAD INVESTMENT BANKERS

banker-photo

Bob Kipps

Contact Bob
banker-photo

Kevin P. DeSanto

Contact Kevin