May 3 2021
KippsDeSanto & Co. Advises Whitney, Bradley & Brown, Inc., A portfolio company of H.I.G. Capital, on its Sale to Serco
KippsDeSanto & Co. is pleased to announce the sale of Whitney, Bradley & Brown, Inc. (“WBB” or the “Company”), a portfolio company of H.I.G. Capital, to Serco Inc.
Founded in 1981, WBB is a premier provider of next generation, mission-enabling capabilities for the Department of Defense, Federal Civilian and healthcare customers. WBB has a long history of modernizing, transforming, and sustaining major mission-centric platforms, programs, and organizations through data-driven knowledge-based solutions.
WBB has an entrenched position on numerous programs of record where it partners with clients to strategize, implement, and deliver a wide range of mission-oriented competencies from program and mission management to capabilities development and advanced analytics and machine learning. Over a thousand employees, many of whom are highly certified, cleared, and technically experienced, deliver a differentiated offering combining deep subject matter expertise, full-lifecycle capabilities, and advanced analytics to drive innovation and national superiority across multi-operational domains.
We believe this acquisition demonstrates several key trends in the defense and government technology M&A environment:
• Strong interest and demand for players with Full and Open, large scale, mission critical contracts and vehicles with substantial ceiling value, such as OASIS and RS3;
• Focus on companies that have embedded positions within sought-after federal customers, and programs of record; and
• Industry-leading domain expertise and tech-enabled, data-driven solutions, particularly in high priority, well-funded markets like artificial intelligence (AI), machine learning, data analytics and cybersecurity, are critical differentiators for sellers in a crowded M&A market
LEAD INVESTMENT BANKERS
KippsDeSanto & Co. is pleased to announce the sale of Whitney, Bradley & Brown, Inc. (“WBB” or the “Company”), a portfolio company of H.I.G. Capital, to Serco Inc.
Founded in 1981, WBB is a premier provider of next generation, mission-enabling capabilities for the Department of Defense, Federal Civilian and healthcare customers. WBB has a long history of modernizing, transforming, and sustaining major mission-centric platforms, programs, and organizations through data-driven knowledge-based solutions.
WBB has an entrenched position on numerous programs of record where it partners with clients to strategize, implement, and deliver a wide range of mission-oriented competencies from program and mission management to capabilities development and advanced analytics and machine learning. Over a thousand employees, many of whom are highly certified, cleared, and technically experienced, deliver a differentiated offering combining deep subject matter expertise, full-lifecycle capabilities, and advanced analytics to drive innovation and national superiority across multi-operational domains.
We believe this acquisition demonstrates several key trends in the defense and government technology M&A environment:
• Strong interest and demand for players with Full and Open, large scale, mission critical contracts and vehicles with substantial ceiling value, such as OASIS and RS3;
• Focus on companies that have embedded positions within sought-after federal customers, and programs of record; and
• Industry-leading domain expertise and tech-enabled, data-driven solutions, particularly in high priority, well-funded markets like artificial intelligence (AI), machine learning, data analytics and cybersecurity, are critical differentiators for sellers in a crowded M&A market
LEAD INVESTMENT BANKERS