April 18 2018
KippsDeSanto Advises Strategic Resources International on its Sale to Peraton
KippsDeSanto & Co. is pleased to announce the sale of our client, Strategic Resources International (“SRI” or the “Company”) to Peraton Corp., a portfolio company of Veritas Capital.
Headquartered in Reston, VA, SRI is a provider of telecommunications assets in the areas of mobile, IP transport, and VSAT. This acquisition adds complementary communication capabilities and expertise to Peraton’s end-to-end communications solution portfolio, enabling Peraton to more-fully integrate its customers into the global communications enterprise.
We believe this transaction demonstrates several key trends in the government services M&A environment:
• Mid-size strategic and sponsor-backed buyers value companies with embedded customer relationships and strong past performance qualifications.
• Buyers rely on M&A to add innovative capabilities that proactively fill customer needs.
• Acquirers continue to place premium values on companies with entrenched and defensible positions with key customers on mission-critical programs.
LEAD INVESTMENT BANKERS
Bob Kipps
Kevin P. DeSanto
KippsDeSanto & Co. is pleased to announce the sale of our client, Strategic Resources International (“SRI” or the “Company”) to Peraton Corp., a portfolio company of Veritas Capital.
Headquartered in Reston, VA, SRI is a provider of telecommunications assets in the areas of mobile, IP transport, and VSAT. This acquisition adds complementary communication capabilities and expertise to Peraton’s end-to-end communications solution portfolio, enabling Peraton to more-fully integrate its customers into the global communications enterprise.
We believe this transaction demonstrates several key trends in the government services M&A environment:
• Mid-size strategic and sponsor-backed buyers value companies with embedded customer relationships and strong past performance qualifications.
• Buyers rely on M&A to add innovative capabilities that proactively fill customer needs.
• Acquirers continue to place premium values on companies with entrenched and defensible positions with key customers on mission-critical programs.
LEAD INVESTMENT BANKERS
Bob Kipps
Kevin P. DeSanto