Rockville, MD, April1, 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 Automated Information Management, Inc. (AIM) to RGII Technologies, Inc. (RGII), a wholly-owned subsidiary of Computer Horizons Corporation. ACP initiated and structured this transaction on behalf of AIM.
“The acquisition of AIM by RGII represents the third transaction that we have completed in the last ninety days,” remarked Aronson Capital Partners President Larry Davis. In January the firm advised Atlantic Coast Telesys on its sale to SAIC and DTI Associates of Alexandria, Va on its acquisition by Haverstick Consulting, Inc.
With an exclusive focus on the government contracting industry, Aronson Capital Partners is one of the most active advisors in this market sector.
Cynthia Hardy, President & CEO of Automated Information Management commented that, “Aronson Capital Partners did an outstanding job in guiding AIM through the sale process. Their experience and knowledge of the federal market truly distinguishes them from other advisors. ”
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.
Automated Information Management, Inc. (AIM) is a leading provider of information technology, engineering and logistical services to the U.S. Federal government in both defense and civilian sectors. Founded in 1983, the company provides mission critical services to the U.S. Army, Department of Labor, and the Federal Aviation Administration.