February 11 2020
KippsDeSanto & Co. Advises Smartronix, Inc. on its Recapitalization by OceanSound Partners
KippsDeSanto & Co. is pleased to announce the recapitalization of Smartronix, Inc. (“Smartronix” or the “Company”), by OceanSound Partners (“OceanSound”).
Founded in 1995, Smartronix is a premier provider of mission critical Command, Control, Communications, Computer, Intelligence, Surveillance, and Reconnaissance (“C4ISR”) and next generation IT and complex enterprise network operations programs for the Department of Defense (“DoD”), as well as leading end-to-end cloud solutions for public sector and commercial customers.
Smartronix has established itself as a C4ISR lead industry integrator on several contracts that span across multiple programs, platforms, and agencies. The Company’s ability to deliver on large, complex programs has yielded over $2 billion in contract awards performing C4ISR integration globally for a myriad of DoD customers.
With over a decade of experience providing cloud professional and managed services, Smartronix’ cloud business is strategically positioned to serve customers within highly regulated industries including federal civilian, defense, healthcare, financial services, state and local government, and education, among other sectors. The Company has been recognized as a Leader by Gartner in their Magic Quadrant for Public Cloud Professional and Managed Services Providers, as well as being accredited as a managed services provider and Premier Partner by all three large cloud services providers; Amazon, Microsoft and Google, a distinction that is highly sought after and rare across the ecosystem of service providers in cloud.
We believe this investment demonstrates several key trends in the defense, and government and commercial technology M&A environment:
• Highlights the demand for scarce assets with a Full and Open, large scale, mission critical contract profile backed by a suite of complementary Full and Open vehicles, such as Alliant II, OASIS and RS3;
• Industry leading domain expertise, particularly in high priority, well-funded markets such as C4ISR, is a critical differentiator for sellers in a crowded M&A market;
• Buyers recognize the rarity and value of companies that have next generation IT and cloud capabilities, particularly those supporting all three leading cloud service providers (AWS, Microsoft and Google); and
• Private equity continues to deploy capital in the government and commercial technology market – via new platforms and add-ons to existing portfolio companies to build differentiated middle market players
LEAD INVESTMENT BANKERS
KippsDeSanto & Co. is pleased to announce the recapitalization of Smartronix, Inc. (“Smartronix” or the “Company”), by OceanSound Partners (“OceanSound”).
Founded in 1995, Smartronix is a premier provider of mission critical Command, Control, Communications, Computer, Intelligence, Surveillance, and Reconnaissance (“C4ISR”) and next generation IT and complex enterprise network operations programs for the Department of Defense (“DoD”), as well as leading end-to-end cloud solutions for public sector and commercial customers.
Smartronix has established itself as a C4ISR lead industry integrator on several contracts that span across multiple programs, platforms, and agencies. The Company’s ability to deliver on large, complex programs has yielded over $2 billion in contract awards performing C4ISR integration globally for a myriad of DoD customers.
With over a decade of experience providing cloud professional and managed services, Smartronix’ cloud business is strategically positioned to serve customers within highly regulated industries including federal civilian, defense, healthcare, financial services, state and local government, and education, among other sectors. The Company has been recognized as a Leader by Gartner in their Magic Quadrant for Public Cloud Professional and Managed Services Providers, as well as being accredited as a managed services provider and Premier Partner by all three large cloud services providers; Amazon, Microsoft and Google, a distinction that is highly sought after and rare across the ecosystem of service providers in cloud.
We believe this investment demonstrates several key trends in the defense, and government and commercial technology M&A environment:
• Highlights the demand for scarce assets with a Full and Open, large scale, mission critical contract profile backed by a suite of complementary Full and Open vehicles, such as Alliant II, OASIS and RS3;
• Industry leading domain expertise, particularly in high priority, well-funded markets such as C4ISR, is a critical differentiator for sellers in a crowded M&A market;
• Buyers recognize the rarity and value of companies that have next generation IT and cloud capabilities, particularly those supporting all three leading cloud service providers (AWS, Microsoft and Google); and
• Private equity continues to deploy capital in the government and commercial technology market – via new platforms and add-ons to existing portfolio companies to build differentiated middle market players
LEAD INVESTMENT BANKERS