Rockville, MD, January 16, 2004/PRNewswire/ -- Aronson Capital Partners, LLC, (ACP) merger and acquisition advisors to the federal information technology and professional services industry, announced today that it completed the sale of DTI Associates, Inc. (DTI) to Haverstick Consulting, Inc. (Haverstick). ACP initiated and structured this transaction on behalf of DTI.
“The government services market continues to attract new market participants. The acquisition of DTI firmly establishes Haverstick as a player in this market space,” remarked Aronson Capital Partners Managing Director John Saunders.
With an exclusive focus on the government contracting industry, Aronson Capital Partners is able identify and execute strategic transactions for its clients.
Stu Hodgson, Principal Officer and co-founder of DTI commented that, “Aronson Capital Partners orchestrated a disciplined process and identified several attractive options for DTI. In the end Haverstick presented the best opportunity for our employees and customers.”
Aronson Capital Partners, LLC (“ACP”) is a leading provider of M&A advisory services to privately held companies in the federal sector. With more than 60 years of combined industry experience, the principals of ACP have a proven track record of completing successful transactions with middle-market companies. Securities transactions are executed by Aronson Capital Advisors, LLC (member NASD-SIPC) an affiliate of ACP.
DTI is a leading provider of engineering and consulting services to the U.S. Federal government in both defense and civilian sectors. Founded in 1988, the company provides mission critical services to the U.S. Navy, Department of Labor, and the Department of Education.