Tag: #M&A

VTG Acquires Clear Cloud, Accelerating Intelligence Community-Focused Growth Strategy

Post author By Sarah Lemn
Post date June 10, 2024

Chantilly, Va. (June 10, 2024) – VTG, an industry-leading national security solutions provider, announced that it has acquired Clear Cloud, LLC, strengthening its digital transformation capabilities and accelerating its Intelligence Community-focused growth strategy. Based in Northern Virginia, Clear Cloud delivers software, cloud, and data engineering solutions and services to U.S. Intelligence Community customers and missions.

“We are excited to welcome Clear Cloud and its remarkably talented cadre of developers, engineers, and technologists to VTG,” said John Hassoun, VTG President and CEO. “The acquisition of Clear Cloud enables VTG to address emerging challenges to national security and highlights our commitment to investing in the software-oriented capabilities and expertise our Intelligence Community customers need most.”

Clear Cloud was founded in 2018 to provide innovative, secure, and scalable cloud solutions for enterprise-level and mission-critical national security programs. The Company’s customer-centric approach and differentiated expertise in custom Intelligence Community cloud environments have earned Clear Cloud a high-performance reputation for developing and deploying specialized applications, optimizing cloud operations, and ensuring mission success. Clear Cloud co-founder and CEO, Dr. Charles Thomas, Jr. said, “I am extremely excited for the Clear Cloud team. This milestone is a testament to their dedication and exceptional talent, and a direct reflection of the outstanding contributions of each team member. VTG shares our commitment to the pursuit of excellence and our passion for creativity and innovation. We are thrilled to enter the next phase of our journey with such a great partner.”

The acquisition of Clear Cloud underscores and accelerates VTG’s software-oriented Intelligence Community growth strategy. It is VTG’s second acquisition since receiving a majority investment from private equity firm A&M Capital Partners in September 2023 and follows close on the heels of VTG’s April 2024 acquisition of digital transformation innovator Vana Solutions.

Tags #Acquisition, #M&A, GovCon, Press Release, VTG

News Article Press Releases

VTG Enhances Digital Transformation and Cloud Capabilities with Acquisition of Vana Solutions

Post author By Sarah Lemn
Post date April 25, 2024

Chantilly, Va. (April 25, 2024) – VTG, an industry-leading national security solutions provider, announced today that it has acquired Vana Solutions, LLC, a Dayton, Ohio-based digital transformation innovator. Vana provides end-to-end digital transformation expertise combined with cutting-edge technologies to deliver secure cloud environments, data fabric solutions, and advanced analytics for mission-critical national security programs.

“I am pleased to welcome the Vana team to VTG,” said John Hassoun, VTG President and CEO. “Vana is a perfect cultural and strategic fit. It adds deep digital domain expertise, bolsters our portfolio of differentiated technologies, and expands our market presence to the U.S. Air Force – especially to the key commands headquartered or operating from Wright-Patterson Air Force Base.”

Founded in 2005 by Srujal Sheth and Sunit Sheth, Vana’s highly skilled, highly technical professional workforce has earned a reputation for best-in-class innovation in the digital space by leveraging its proprietary technology solutions – epicAgile, vKesi, TurboKT, and vIOLA – to solve complex national security challenges, primarily for U.S. Air Force missions and programs. Vana CEO Srujal Sheth said, “I am so proud of our remarkable team – Vana’s success is a testament to their exceptional talent, commitment to our customers, and collaborative spirit.” COO Sunit Sheth added, “VTG shares our passion for the mission and innovative culture. I’m excited about our partnership and for the next phase of our journey.”

The acquisition of Vana will enable VTG to offer a more extensive portfolio of digital transformation and cloud services, solutions, and technologies to a combined customer base that now spans the Defense enterprise and Intelligence Community. This acquisition is VTG’s first since receiving a majority investment from private equity investment firm A&M Capital Partners in September 2023.

Tags #M&A, GovCon, News, Press Release, VTG

Press Releases

Leading National Security Solutions Provider VTG Receives Majority Investment from A&M Capital Partners

Post author By Sarah Lemn
Post date September 19, 2023

Chantilly, Va. (Sept. 19, 2023) – VTG, an industry-leading provider of modernization and digital transformation solutions to Defense and Intelligence Community customers, announced today that it has received a new majority investment from A&M Capital Partners.

“I have never been more enthusiastic or optimistic about VTG’s future,” said John Hassoun, VTG President and CEO. “This partnership with AMCP will accelerate VTG’s growth trajectory, allowing us to make investments in the emerging capabilities and technologies most needed by our customers, and providing our employees with tremendous new career opportunities.”

Tracing its earliest roots to 1866, VTG engineers solutions across all classes of naval warships and submarines, a diverse array of aircraft, and a comprehensive suite of C5ISR, combat and weapon systems. The Company also develops undersea and autonomous technologies for the U.S. Navy, and delivers digital solutions and specialized mission support to the U.S. Intelligence Community. VTG has been a portfolio company of The Jordan Company since 2012. TJC exited its ownership of VTG as part of this transaction.

“We are very excited about our partnership with VTG,” said Jack McCarthy, Managing Partner and Founder of A&M Capital. “The Company’s strong portfolio of long-tenured contracts supported by a highly experienced leadership team positions the business well for continued growth over the coming years.”

“We view VTG as a highly attractive platform with differentiated technical and delivery capabilities,” said Alex Nivelle, a Partner of A&M Capital. “VTG is well positioned for expansion across its Defense and Intelligence Community customer base, and we look forward to working with the management team to pursue a hybrid organic and acquisition-driven growth strategy.”

A&M Capital Partners was advised by Kirkland & Ellis LLP. VTG was advised by Baird, Citizens Capital Markets and Mayer Brown LLP.

About VTG

VTG delivers modernization and digital transformation solutions that expand America’s competitive advantage in the modern battlespace. Headquartered in Chantilly, Virginia, VTG provides full lifecycle engineering for naval, aerospace, network and digital requirements. Whether at sea, in the air, on land, or in cyberspace, VTG delivers Tomorrow’s Transformation Today. For more information, visit us at www.VTGdefense.com.

About A&M Capital Partners

A&M Capital Partners is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America with total assets under management of $3.3 billion. A&M Capital Partners has a strong and referenceable track record of serving as a trusted partner to founders, corporates and management teams, providing the capital and strategic assistance required to take businesses to the next level of success. A&M Capital Partners invests in businesses across a wide range of sectors including Business Services, Industrials, Manufacturing, Food & Beverage, Healthcare, Consumer & Retail, Government Services, Financial Services and Energy Services.

About Alvarez & Marsal Capital

Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $4.8 billion in assets under management across six funds and four investment strategies. The firm is led by a highly experienced investment team, which is augmented by a strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally-focused advisory firms in the world. Alvarez & Marsal Capital combines a focus on middle-market private equity investing, with deep operational expertise, industry knowledge and global corporate relationships, making Alvarez & Marsal Capital an attractive partner to management teams and business owners. Alvarez & Marsal Capital is headquartered in Greenwich, CT with offices in Los Angeles, CA and London, England. For more information, visit www.a-mcapital.com.

Tags #Acquisition, #M&A, GovCon, Press Release, VTG

News Article

VTG’s CEO Shares Insights on GovCon M&A at Washington Technology Power Breakfast

Post author By Sarah Lemn
Post date March 19, 2021
No Comments on VTG’s CEO Shares Insights on GovCon M&A at Washington Technology Power Breakfast

Earlier today, VTG president and CEO John Hassoun shared insights on the evolving mergers and acquisitions landscape with the government contracting industry at Washington Technology’s Power Breakfast hosted by the media outlet’s editor Nick Wakeman. VTG, an industry-leading provider of force modernization and digital transformation solutions, completed its acquisition of intelligence solutions firm Intelligent Shift earlier this year.

“Companies like VTG who are growing strategically to deliver transformational solutions to meet critical government customers’ missions have a unique opportunity right now to expand in the mid-tier,” said Hassoun. “Our recent acquisition of Intelligent Shift in January is a great example of this because it allowed us to add capabilities and customers to expand our support to the intelligence community.”

During the event, senior executives from leading companies described and discussed why M&A activities are so important in today’s market. This included topics on what makes for an attractive acquisition target, such as technical capabilities, customer sets and contract vehicles. They also touched on why culture comes up so often when discussing acquisitions.

The company VTG acquired, Intelligent Shift, is a rapidly growing firm delivering innovative technologies and digital solutions to the U.S. Intelligence Community. The acquisition continues to bolster VTG’s systems, software, and digital engineering capabilities, and expand the company’s presence in the national security market.

Tags #govcon, #M&A, #VTG

Press Releases Uncategorized

VT Group Enhances C4ISR Modernization and Sustainment Solutions with Acquisition of National Technologies Associates, Inc. (NTA)

VT Group, a premier middle-market technology integrator and C4ISR solutions provider to the Federal government, is pleased to announce the acquisition of National Technologies Associates, Inc. (NTA), a Patuxent River, Maryland-based firm specializing in program management, engineering, and logistics services for military aviation platforms and systems.

Founded in 1981, NTA’s 300 employees provide research, development, test and evaluation (RDT&E) support and a full spectrum of mission-critical maintenance and sustainment services for fixed and rotary-wing, tilt-rotor, and unmanned aircraft. The acquisition of NTA positions VT Group as a key industry partner to the Defense Department on several high-priority initiatives, including the U.S. Navy’s Presidential Helicopter and V-22 Osprey programs.

“NTA shares the VT Group passion for engineering excellence and our commitment to meet the critical needs of the warfighter,” said John Hassoun, VT Group President and Chief Executive Officer. “This acquisition adds unique and differentiated expertise to VT Group’s aviation solutions portfolio. It will be a force-multiplier for our customers and a catalyst for further growth.” Chief Growth Officer Sunil Ramchand added, “The acquisition of NTA is another important step on our journey to become the industry leader in the C4ISR modernization and sustainment market.”

Advisors to VT Group for this transaction were Mayer Brown, LLP and Arena Strategic Advisors, LLC.

Tags #Acquisition, #govcon, #M&A, #VTG

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