Transactions

October 12 2017

KippsDeSanto & Co. Advises Whitney, Bradley, and Brown, Inc., a portfolio company of Lake Capital, on its Sale to an affiliate of H.I.G. Capital

KippsDeSanto & Co. is pleased to announce the sale of Whitney, Bradley, and Brown, Inc. (“WBB” or the “Company”), a portfolio company of Lake Capital, to an affiliate of H.I.G. Capital.

Headquartered in Reston, VA, WBB is an industry-leading provider of next-generation full lifecycle management consulting services and mission support across the Department of Defense (“DoD”), civilian, and health markets.  The Company delivers its capabilities using a differentiated business model supported by highly-cleared Subject Matter Experts and on-site technical staff to address complex and continuously evolving mission requirements for highly-visible Programs of Record (“PoR”), Special Access Programs (“SAP”), and enduring platforms.

Since its founding in 1981, WBB has built a reputation as a leading, trusted advisor and mission-enabler for Federal customers.  The Company provides highly-flexible and sustained support tailored to meet specific customer needs and multi-faceted organizational challenges through operational capabilities development, acquisition and program support, advanced analytics, and mission performance.  With historically deep ties across the DoD, the Company has leveraged its vast institutional knowledge and has been successful in expanding its presence across the DoD, the Department of Homeland Security (“DHS”), and the Department of Veterans Affairs (“VA”).

We believe this transaction demonstrates several key trends in the government services M&A environment:

• Value continues to be placed on companies with mission-critical capabilities and support for PoRs, SAPs, and enduring platforms to capitalize on budgetary tailwinds and technology modernization priorities

• Deeply-entrenched customer relationships with senior leadership and key program personnel provide significant insight into continuously evolving mission requirements

• Private equity firms continue to leverage strong credit markets and remain active in the government services space to compete alongside strategic buyers for coveted assets

LEAD INVESTMENT BANKERS

banker-photo

Kevin P. DeSanto

Contact Kevin
banker-photo

Nathan C. Wilson

KippsDeSanto & Co. is pleased to announce the sale of Whitney, Bradley, and Brown, Inc. (“WBB” or the “Company”), a portfolio company of Lake Capital, to an affiliate of H.I.G. Capital.

Headquartered in Reston, VA, WBB is an industry-leading provider of next-generation full lifecycle management consulting services and mission support across the Department of Defense (“DoD”), civilian, and health markets.  The Company delivers its capabilities using a differentiated business model supported by highly-cleared Subject Matter Experts and on-site technical staff to address complex and continuously evolving mission requirements for highly-visible Programs of Record (“PoR”), Special Access Programs (“SAP”), and enduring platforms.

Since its founding in 1981, WBB has built a reputation as a leading, trusted advisor and mission-enabler for Federal customers.  The Company provides highly-flexible and sustained support tailored to meet specific customer needs and multi-faceted organizational challenges through operational capabilities development, acquisition and program support, advanced analytics, and mission performance.  With historically deep ties across the DoD, the Company has leveraged its vast institutional knowledge and has been successful in expanding its presence across the DoD, the Department of Homeland Security (“DHS”), and the Department of Veterans Affairs (“VA”).

We believe this transaction demonstrates several key trends in the government services M&A environment:

• Value continues to be placed on companies with mission-critical capabilities and support for PoRs, SAPs, and enduring platforms to capitalize on budgetary tailwinds and technology modernization priorities

• Deeply-entrenched customer relationships with senior leadership and key program personnel provide significant insight into continuously evolving mission requirements

• Private equity firms continue to leverage strong credit markets and remain active in the government services space to compete alongside strategic buyers for coveted assets

LEAD INVESTMENT BANKERS

banker-photo

Kevin P. DeSanto

Contact Kevin
banker-photo

Nathan C. Wilson