Aronson Capital Partners, LLC, merger and acquisition advisors to the federal information technology and professional services industry, announced today that it facilitated the sale of CCI, Incorporated to Stanley Associates. This strategic combination will enable these Northern Virginia-based companies to better meet customer demand and compete in the expanding federal marketplace. The transaction reflects a continuing trend of consolidation across all tiers of the federal contracting industry.
“While M&A transactions between large prime contractors dominate the news, rapidly growing organizations such as Stanley are thriving in this market sector with a combination of organic growth and strategic acquisitions,” said Larry Davis, President of Aronson Capital Partners. “This is a unique market environment for owners of privately held companies. Valuations for well-positioned companies are attractive and there are many active acquirers. The key to a successful transaction hinges on the ability to wade through those options by relying on a well defined and disciplined sales process.”
While the structured sales process provided CCI with several options, Stanley differentiated themselves from the beginning with its clearly defined strategy and outstanding reputation in the industry. Following on the heels of recent acquisitions of such companies as Signal Corporation, Aegis Research and ADI Technology, this transaction provides further evidence that the competition, among buyers, for privately held companies competing in the federal marketplace remains intense. For companies with highly skilled employees, a strong customer base, and a well-defined path for future growth, valuations continue to come in at the top of the market.
Commenting on the transaction, Paul Chase, president and CEO of CCI said, “This was a very demanding process, and Aronson Capital Partners provided terrific advice every step of the way. They were instrumental in ensuring that our goals were met.”