Aronson Capital Partners’ Philip McMann Featured in Washington Technology
Aronson Capital Partners partner Philip McMann was featured on August 17, 2016 in the Washington Technology article, “ASRC Federal Moves Upstream with Vistronix Acquisition.” Arctic Slope Regional Corp., an Alaska Native Corporation, made a major deal by acquiring Vistronix Intelligence & Technology Solutions, a company that in recent years was an active buyer itself.
Phil provides insight on the major acquisition. He believes, “[ASRC] coveted Vistronix for their position at Fort Mead and other intelligence customers. was a real catalyst for the deal.” McMann also said that Vistronix was moving its subcontracting and setaside work to prime and full-and-open contracts. “They were probably half way there and I think ASRC will help them with that process,” he said. The Vistronix acquisition moves ASRC Federal up market into higher-end work. He added that ASRC Federal has been an aggressive bidder on other potential acquisitions, “This fills a strategic gap for them.”